MHK icon

Mohawk Industries

121.01 USD
+1.32
1.10%
At close Feb 14, 4:00 PM EST
After hours
121.01
+0.00
0.00%
1 day
1.10%
5 days
0.57%
1 month
-3.64%
3 months
-13.77%
6 months
-15.98%
Year to date
4.39%
1 year
3.70%
5 years
-12.30%
10 years
-29.42%
 

About: Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring North America, and Flooring Rest of the World. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Employees: 43,300

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

132% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 44

50% more call options, than puts

Call options by funds: $59M | Put options by funds: $39.5M

33% more capital invested

Capital invested by funds: $6.13B [Q2] → $8.19B (+$2.05B) [Q3]

13% more funds holding

Funds holding: 432 [Q2] → 488 (+56) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 12 [Q2] → 12 (+0) [Q3]

3.58% less ownership

Funds ownership: 84.34% [Q2] → 80.76% (-3.58%) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 177

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$125
3%
upside
Avg. target
$147
21%
upside
High target
$165
36%
upside

10 analyst ratings

positive
70%
neutral
30%
negative
0%
Raymond James
Sam Darkatsh
29% 1-year accuracy
2 / 7 met price target
36%upside
$165
Strong Buy
Reiterated
10 Feb 2025
Loop Capital
Laura Champine
52% 1-year accuracy
14 / 27 met price target
28%upside
$155
Buy
Maintained
10 Feb 2025
JP Morgan
Michael Rehaut
63% 1-year accuracy
10 / 16 met price target
29%upside
$156
Overweight
Maintained
10 Feb 2025
Evercore ISI Group
Stephen Kim
0% 1-year accuracy
0 / 25 met price target
16%upside
$140
In-Line
Maintained
10 Feb 2025
Truist Securities
Keith Hughes
49% 1-year accuracy
25 / 51 met price target
22%upside
$148
Buy
Maintained
10 Feb 2025

Financial journalist opinion

Based on 12 articles about MHK published over the past 30 days

Negative
Seeking Alpha
4 days ago
Mohawk Industries: Downgrade To Hold Due To Stubbornly High Mortgage Rates
I have downgraded Mohawk Industries to a hold rating due to persistently high mortgage rates and weaker-than-expected housing activity. Trump's administration introduces additional risks, including currency and tariff uncertainties, impacting MHK's earnings and cost structure. Until there are clearer signs of a housing market recovery, I recommend a hold rating due to limited near-term upside and valuation concerns.
Mohawk Industries: Downgrade To Hold Due To Stubbornly High Mortgage Rates
Neutral
Seeking Alpha
1 week ago
Mohawk Industries, Inc. (MHK) Q4 2024 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK ) Q4 2024 Earnings Conference Call February 7, 2025 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman and CEO Christopher Wellborn - Vice Chairman Conference Call Participants Trevor Allinson - Wolfe Research Mike Dahl - RBC Capital Markets Eric Bosshard - Cleveland Research Susan Maklari - Goldman Sachs Stephen Kim - Evercore ISI Sam Reid - Wells Fargo Keith Hughes - Truist Michael Rehaut - JPMorgan Tim Wojs - Baird John Lovallo - UBS Phil Ng - Jefferies Laura Champine - Loop Capital Operator Good day, and welcome to the Mohawk Industries Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
Mohawk Industries, Inc. (MHK) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 week ago
Mohawk's Q4 Earnings & Sales Beat, Adjusted Gross Margin Down Y/Y
MHK's fourth-quarter 2024 results reflect benefits from restructuring and productivity initiatives. Click away to know more about the stock's performance.
Mohawk's Q4 Earnings & Sales Beat, Adjusted Gross Margin Down Y/Y
Neutral
Zacks Investment Research
1 week ago
Mohawk Industries (MHK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Mohawk Industries (MHK) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Mohawk Industries (MHK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Positive
Zacks Investment Research
1 week ago
Mohawk Industries (MHK) Tops Q4 Earnings and Revenue Estimates
Mohawk Industries (MHK) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.96 per share a year ago.
Mohawk Industries (MHK) Tops Q4 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
1 week ago
Mohawk Industries Reports Q4 Results
CALHOUN, Ga., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2024 net earnings of $93 million and earnings per share (“EPS”) of $1.48; adjusted net earnings were $123 million, and adjusted EPS was $1.95. Net sales for the fourth quarter of 2024 were $2.6 billion, an increase of 1.0% as reported and a decrease of 1.0% on an adjusted basis versus the prior year. During the fourth quarter of 2023, the Company reported net sales of $2.6 billion, net earnings of $140 million and earnings per share of $2.18; adjusted net earnings were $125 million, and adjusted EPS was $1.96.
Mohawk Industries Reports Q4 Results
Neutral
Zacks Investment Research
1 week ago
Curious about Mohawk Industries (MHK) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Evaluate the expected performance of Mohawk Industries (MHK) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Curious about Mohawk Industries (MHK) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Positive
Zacks Investment Research
1 week ago
Mohawk's Q4 Earnings Preview: What Could Drive the Results?
MHK's fourth-quarter 2024 results are likely to reflect a declining sales trend due to a softer residential market. That said, restructuring actions and cost-saving efforts bode well.
Mohawk's Q4 Earnings Preview: What Could Drive the Results?
Positive
Zacks Investment Research
2 weeks ago
Why Mohawk Industries (MHK) Could Beat Earnings Estimates Again
Mohawk Industries (MHK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Mohawk Industries (MHK) Could Beat Earnings Estimates Again
Positive
Zacks Investment Research
2 weeks ago
Mohawk Industries (MHK) Expected to Beat Earnings Estimates: Should You Buy?
Mohawk Industries (MHK) possesses 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 (MHK) Expected to Beat Earnings Estimates: Should You Buy?
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