Mohawk Industries, Inc. (MHK)
Market Cap | 9.37B |
Revenue (ttm) | 10.86B |
Net Income (ttm) | -358.52M |
Shares Out | 63.12M |
EPS (ttm) | -5.63 |
PE Ratio | n/a |
Forward PE | 13.71 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 591,507 |
Open | 148.41 |
Previous Close | 149.86 |
Day's Range | 145.00 - 149.51 |
52-Week Range | 76.02 - 164.06 |
Beta | 1.37 |
Analysts | Buy |
Price Target | 156.58 (+5.53%) |
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 12 analysts, the average rating for MHK stock is "Buy." The 12-month stock price forecast is $156.58, which is an increase of 5.53% from the latest price.
News
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
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Mohawk Industries: Upgrade To Buy On Clearer View Of Recovery
I upgraded my recommendation on Mohawk Industries to buy due to a clearer picture of recovery. Recent earnings showed improvement in sales decline and volume growth, with cost-cutting efforts leading ...
Mohawk Industries, Inc. (MHK) Q1 2024 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman and Chief Executiv...
Mohawk Industries Reports Q1 Results
CALHOUN, Ga., April 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2024 net earnings of $105 million and earnings per share (“EPS”) of $1.64; adjusted n...
Mohawk Industries, Inc. Invites You to Join the First Quarter 2024 Earnings Conference Call
CALHOUN, Ga., April 05, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) First Quarter 2024 earnings release on Thursday, April 25, 2024, you are invited to listen to t...
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Mohawk Industries, Inc. (MHK) Q4 2023 Earnings Call Transcript
Mohawk Industries, Inc. (MHK) Q4 2023 Earnings Call Transcript
Mohawk Industries Reports Q4 Results
CALHOUN, Ga., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2023 net earnings of $139 million and earnings per share (“EPS”) of $2.18; adjusted n...
Mohawk Industries, Inc. Invites You to Join the Fourth Quarter 2023 Earnings Conference Call
CALHOUN, Ga., Jan. 08, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Fourth Quarter 2023 earnings release on Thursday, February 8, 2024, you are invited to listen to...
Mohawk Industries: Underappreciated Margins Hidden Behind Macro Woes
Mohawk Industries operates in a U.S. duopoly through past roll-up acquisitions. They are now directing this strategy towards emerging markets. The company has bought back 15% of its shares since 2017 ...
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Each earnings season, most publicly traded companies will report results that beat analysts' consensus estimates for sales and earnings. Positive “surprises” are set up and expected, with a typical “b...
Mohawk Industries, Inc. (MHK) Q3 2023 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman and CEO Chris We...
Mohawk Industries Reports Q3 Results
CALHOUN, Ga., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced a third quarter 2023 net loss of $760 million and a loss per share of $11.94 with the impact of non-...
Mohawk Industries, Inc. Invites You to Join the Third Quarter 2023 Earnings Conference Call
CALHOUN, Ga., Oct. 06, 2023 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2023 earnings release on Thursday, October 26, 2023, you are invited to listen to ...
Mohawk Highlights a Year of Progress in New 2022 Environmental, Social & Governance Report
CALHOUN, Ga., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 2022 Environmental, Social and Governance (ESG) Report, Connections That Create Value , which d...