Mohawk Industries, Inc. (MHK)
| Market Cap | 8.76B |
| Revenue (ttm) | 10.81B |
| Net Income (ttm) | 563.98M |
| Shares Out | 63.12M |
| EPS (ttm) | 8.85 |
| PE Ratio | 15.69 |
| Forward PE | 13.19 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 436,172 |
| Open | 138.31 |
| Previous Close | 137.49 |
| Day's Range | 138.08 - 139.69 |
| 52-Week Range | 82.71 - 164.29 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 160.38 (+15.57%) |
| Earnings Date | Oct 24, 2024 |
About MHK
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for MHK stock is "Buy." The 12-month stock price forecast is $160.38, which is an increase of 15.57% from the latest price.
News
Mohawk Industries Announces Leadership Succession
CALHOUN, Ga., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the planned retirement of Chris Wellborn, President and Chief Operating Officer and the promotion of...
Top 3 Consumer Stocks That May Rocket Higher In Q4
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These Analysts Cut Their Forecasts On Mohawk Industries After Q3 Results
Mohawk Industries, Inc. MHK reported better-than-expected results for its third quarter, after the closing bell on Thursday.
Mohawk Industries: Remain Confident That Earnings Growth Can Inflect In FY25
I maintain a buy rating for Mohawk Industries (MHK) due to expected earnings growth in FY25 as mortgage rates decline and consumer confidence improves. Despite a 1.7% revenue decline in 3Q24, solid co...
Mohawk Industries: Looking For A Floor
Shares of Mohawk Industries found a floor around $100 in 2023 as the largest interest rate scares ended during the year. Mohawk, the world's largest flooring company, has returned to earnings growth t...
Mohawk Industries, Inc. (MHK) Q3 2024 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman & CEO Christopher Wellborn - Pres...
S&P 500 Gains and Losses Today: Hospital Operators HCA, UHS Fall After Earnings
Major U.S. equities indexes were mixed on the final day of trading in a week dominated by a steady flow of earnings reports as well as increasing questions about how quickly the Federal Reserve will p...
Mohawk Is Worst-Performing Stock in the S&P 500 on Friday. Here's Why.
Mohawk Industries CEO Jeff Lorberbaum says consumer confidence and discretionary spending have been hit by ‘global conflicts, political uncertainty and inflation.'
Mohawk Industries Reports Q3 Results
CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share (“EPS”) of $2.55; adjusted ne...
This JD.com Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Mohawk Industries, Inc. Invites You to Join the Third Quarter 2024 Earnings Conference Call
CALHOUN, Ga., Oct. 10, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2024 earnings release on Thursday, October 24, 2024, you are invited to listen to ...
Jim Cramer analyzes the top performers of Q3
'Mad Money' host Jim Cramer looks back at the third quarter's top performers.
Cramer reviews the S&P 500's top ten performers during the third quarter
On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top perfor...
Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment
CALHOUN, Ga., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the promotion of Mauro Vandini as President of the Company's Global Ceramic Segment, effective Sept...
Mohawk Industries: Stay Buy Rated Due To Positive Growth And Margin Expansion Outlook
I stay buy-rated with a new price target of $198. 2Q24 earnings showed strong margin expansion despite revenue decline, management efforts to drive adj. EBIT margins to >10% are working. Growth outloo...
Earnings and a Bullish Upgrade Sent This Flooring Company's Stock Flying
Shares of Mohawk Industries (MHK) surged Friday after the company reported second-quarter financial results — and got a bullish pat on the back from analysts at Bank of America.
Mohawk Industries, Inc. (MHK) Q2 2024 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman & CEO Chris Wellborn - President, CO...
Mohawk Industries' stock rallies as flooring-products maker draws upgrade on boosted profit view
Mohawk Industries Inc.'s stock jumped 17% on Friday after the maker of flooring products said it would beat analyst estimates for its third quarter and revealed plans to cut more costs, and after draw...
Mohawk Industries Reports Q2 Results
CALHOUN, Ga., July 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2024 net earnings of $157 million and earnings per share (“EPS”) of $2.46; adjusted n...
Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
Shares of Mohawk Industries have done quite well over the past year or so, but they have underperformed the broader market. Revenue for the company has declined, but bottom-line results are finally sh...
Mohawk Highlights Sustainability Progress in 2023 Impact Report
CALHOUN, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 15th annual impact report, Surfaces with Purpose, which documents the Company's 2023 progress to...
Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes
Home builder stocks were rallying across the board on Thursday, after government data showed U.S. consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve...
Mohawk Industries, Inc. Invites You to Join the Second Quarter 2024 Earnings Conference Call
CALHOUN, Ga., June 28, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Second Quarter 2024 earnings release on Thursday, July 25, 2024, you are invited to listen to th...
Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager
Cheap industrials and companies that cater to middle class Americans may be the way forward for investors, as the Dow Jones Industrial Average flirts with 40,000.