Mohawk Industries, Inc. (MHK)
NYSE: MHK · IEX Real-Time Price · USD
111.40
-2.04 (-1.80%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Mohawk Industries Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Mohawk Industries stock have an average target of 121.88, with a low estimate of 100 and a high estimate of 152. The average target predicts an increase of 9.41% from the current stock price of 111.40.
Analyst Consensus: Buy
* Price targets were last updated on Feb 13, 2024.
Analyst Ratings
The average analyst rating for MHK stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 4 | 4 | 4 | 4 | 3 |
| Sell | 3 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $98 → $127 | Strong Buy | Maintains | $98 → $127 | +14.00% | Feb 13, 2024 |
| Barclays | Barclays | Hold Maintains $100 → $122 | Hold | Maintains | $100 → $122 | +9.52% | Feb 12, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $101 → $106 | Hold | Maintains | $101 → $106 | -4.85% | Feb 12, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $98 → $152 | Hold → Strong Buy | Upgrades | $98 → $152 | +36.45% | Feb 12, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $105 → $100 | Sell | Maintains | $105 → $100 | -10.23% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
11.04B
from 11.14B
Decreased by -0.84%
Revenue Next Year
11.37B
from 11.04B
Increased by 2.93%
EPS This Year
9.67
from -6.90
EPS Next Year
11.28
from 9.67
Increased by 16.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.8B | 12.1B | 12.5B | 12.9B |
| Avg | 11.0B | 11.4B | 11.9B | 12.4B |
| Low | 10.2B | 10.4B | 11.5B | 12.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1% | 9.6% | 9.7% | 8.0% |
| Avg | -0.8% | 2.9% | 4.7% | 3.8% |
| Low | -8.5% | -5.6% | 1.1% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.08 | 13.07 | 15.86 | 15.69 |
| Avg | 9.67 | 11.28 | 13.39 | 15.09 |
| Low | 8.21 | 9.18 | 11.81 | 14.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 35.2% | 40.6% | 17.1% |
| Avg | - | 16.6% | 18.8% | 12.7% |
| Low | - | -5.0% | 4.7% | 9.3% |
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.