Mohawk Industries, Inc. (MHK)
| Market Cap | 6.21B |
| Revenue (ttm) | 11.74B |
| Net Income (ttm) | 25.25M |
| Shares Out | 63.54M |
| EPS (ttm) | 0.39 |
| PE Ratio | 247.08 |
| Forward PE | 9.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 61,203 |
| Open | 97.27 |
| Previous Close | 96.36 |
| Day's Range | 97.01 - 98.44 |
| 52-Week Range | 87.02 - 159.00 |
| Beta | 1.28 |
| Analysts | Hold |
| Price Target | 122.09 (+24.88%) |
| Earnings Date | Apr 27, 2023 |
About MHK
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segm... [Read more]
Financial Performance
In 2022, MHK's revenue was $11.74 billion, an increase of 4.79% compared to the previous year's $11.20 billion. Earnings were $25.25 million, a decrease of -97.56%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for MHK stock is "Hold." The 12-month stock price forecast is $122.09, which is an increase of 24.88% from the latest price.
News
Mohawk's (MHK) Q4 Earnings Beat, Stock Falls on Tepid Q1 View
Mohawk Industries' (MHK) fourth-quarter results reflect intense inflation, higher interest rates and lower volume.
Mohawk Industries (MHK) Q4 Earnings Surpass Estimates
Mohawk Industries (MHK) delivered earnings and revenue surprises of 2.33% and 2.55%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Mohawk Industries Reports Q4 2022 Results
CALHOUN, Ga., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2022 net earnings of $33 million and diluted earnings per share (EPS) of $0.52. Adjus...
Mohawk (MHK) to Report Q4 Earnings: Factors to Consider
Mohawk Industries' (MHK) fourth-quarter performance is most likely to reflect significant inflationary pressure and soft housing demand woes.
Analysts Estimate Mohawk Industries (MHK) to Report a Decline in Earnings: What to Look Out for
Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mohawk (MHK) Cuts Q4 Adjusted EPS View on Low Flooring Demand
Mohawk (MHK) suffers from soft global residential flooring business and industry headwinds.
Mohawk Issues Profit Warning Amid Low Demand and Plant Closures
The flooring company expects fourth-quarter adjusted earnings of $1.27 to $1.31 per share, compared with a previous guidance range of $1.40 to $1.50.
Mohawk stock leads S&P 500's premarket decliners after profit warning
Shares of Mohawk Industries Inc. MHK, -0.39% shed 5.2%, enough to pace the S&P 500's premarket decliners, after the residential and commercial floorings company cut its fourth-quarter profit outlook, ...
Mohawk Provides Litigation and Earnings Guidance Update
CALHOUN, Ga., Jan. 16, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK), the world's largest floor covering manufacturer, today announced that it has entered into an agreement with plainti...
Mohawk Industries, Inc. Invites You to Join the Fourth Quarter 2022 Earnings Conference Call
CALHOUN, Ga., Jan. 05, 2023 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Fourth Quarter 2022 earnings release on Thursday February 9, 2023, you are invited to listen to ...
Mohawk (MHK) Q3 Earnings Meet, Sales Lag, EPS View Tepid
Mohawk Industries' (MHK) third-quarter results reflect persistent industry challenges and high costs.
Mohawk Industries (MHK) Q3 Earnings Meet Estimates
Mohawk Industries (MHK) delivered earnings and revenue surprises of 0% and 4.62%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Mohawk Industries Reports Q3 Results
CALHOUN, Ga., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced a 2022 third quarter net loss of $534 million and a diluted loss per share of $8.40, including the i...
Mohawk (MHK) to Report Tepid Earnings in Q3 on Soft Demand
Mohawk Industries' (MHK) third-quarter performance will likely reflect significant inflationary pressure and soft housing demand woes.
Earnings Preview: Mohawk Industries (MHK) Q3 Earnings Expected to Decline
Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mohawk Industries, Inc. Invites You to Join the Third Quarter 2022 Earnings Conference Call
CALHOUN, Ga., Oct. 05, 2022 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2022 earnings release on Thursday October 27, 2022, you are invited to listen to t...
Mohawk (MHK) Q2 Earnings Beat, Sales Miss, Shares Slip
Mohawk Industries' (MHK) second-quarter results reflect higher pricing, productivity and buyouts. However, higher inflation is risk.
Mohawk Industries (MHK) Q2 Earnings Top Estimates
Mohawk Industries (MHK) delivered earnings and revenue surprises of 1.38% and 1.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Mohawk Industries Reports Q2 Results
CALHOUN, Ga., July 28, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2022 second quarter net earnings of $280 million and diluted earnings per share (EPS) of $4.40. Adju...
Mohawk (MHK) Q2 Earnings to Fall on Volatile Natural Gas Prices
Mohawk Industries' (MHK) second-quarter performance will likely reflect significant inflationary pressure and material, labor and transportation woes.
Mohawk Industries, Inc. Invites You to Join the Second Quarter 2022 Earnings Conference Call
CALHOUN, Ga., July 07, 2022 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Second Quarter 2022 earnings release on Thursday July 28, 2022 you are invited to listen to its ...
Mohawk Industries (MHK) is a Top-Ranked Growth Stock: Should You Buy?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Mohawk (MHK) to Buy Ceramic Tile Business Vitromex for $293M
Mohawk (MHK) to expand the Mexican ceramic tile market with the buyout of Vitromex.
4 Consumer Cyclical Stocks That Fit Graham's Lost Formula
On the back of a stronger-than-expected jobs report for May and rising interest rates, U.S. market indexes declined on Friday.
Mohawk Industries Announces Acquisition of Vitromex Ceramic Tile Business From Grupo Industrial Saltillo
CALHOUN, Georgia, June 03, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) announced today that it has entered into an agreement to purchase the Vitromex ceramic tile business from Grupo ...