Mohawk Industries, Inc. (MHK)
NYSE: MHK · IEX Real-Time Price · USD
110.33
+0.43 (0.39%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Mohawk Industries Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Mohawk Industries stock have an average target of 125.7, with a low estimate of 100 and a high estimate of 152. The average target predicts an increase of 13.93% from the current stock price of 110.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MHK stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 3 | 4 | 4 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold → Strong Buy Upgrades $140 | Hold → Strong Buy | Upgrades | $140 | +26.89% | Jun 10, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $122 → $124 | Hold | Maintains | $122 → $124 | +12.39% | May 3, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $140 → $135 | Strong Buy | Maintains | $140 → $135 | +22.36% | Apr 29, 2024 |
| Barclays | Barclays | Hold Maintains $122 → $120 | Hold | Maintains | $122 → $120 | +8.76% | Apr 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $106 → $108 | Hold | Maintains | $106 → $108 | -2.11% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
11.03B
from 11.14B
Decreased by -0.99%
Revenue Next Year
11.36B
from 11.03B
Increased by 3.02%
EPS This Year
9.67
from -6.90
EPS Next Year
11.35
from 9.67
Increased by 17.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6B | 12.1B | 12.5B | 12.7B | 13.0B |
| Avg | 11.0B | 11.4B | 11.9B | 12.2B | 12.5B |
| Low | 10.3B | 10.5B | 11.5B | 11.8B | 12.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5% | 10.0% | 10.0% | 6.4% | 7.1% |
| Avg | -1.0% | 3.0% | 4.7% | 2.3% | 3.0% |
| Low | -7.6% | -4.6% | 0.9% | -0.7% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.61 | 13.28 | 16.07 | 14.74 | 16.37 |
| Avg | 9.67 | 11.35 | 13.67 | 14.18 | 15.75 |
| Low | 8.62 | 9.64 | 12.25 | 13.76 | 15.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 37.3% | 41.6% | 7.9% | 15.4% |
| Avg | - | 17.3% | 20.5% | 3.8% | 11.0% |
| Low | - | -0.3% | 8.0% | 0.7% | 7.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.