Zacks Research Cuts Earnings Estimates for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHK) – Stock analysts at Zacks Research dropped their FY2025 earnings per share (EPS) estimates for Mohawk Industries in a research note issued on Thursday, November 13th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $8.94 for the year, down from their prior forecast of $9.09. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2025 earnings at $1.98 EPS, Q3 2026 earnings at $3.14 EPS, Q4 2026 earnings at $2.15 EPS, FY2026 earnings at $10.27 EPS, Q1 2027 earnings at $2.73 EPS, Q2 2027 earnings at $3.45 EPS and FY2027 earnings at $11.98 EPS.

A number of other equities analysts also recently commented on MHK. Robert W. Baird upped their price objective on shares of Mohawk Industries from $130.00 to $142.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Vertical Research started coverage on shares of Mohawk Industries in a research note on Monday, October 20th. They set a “buy” rating on the stock. Barclays cut their price target on shares of Mohawk Industries from $125.00 to $122.00 and set an “equal weight” rating for the company in a report on Monday, October 27th. JPMorgan Chase & Co. boosted their target price on Mohawk Industries from $139.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, Wells Fargo & Company reissued a “neutral” rating and set a $130.00 target price on shares of Mohawk Industries in a research note on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Mohawk Industries currently has a consensus rating of “Moderate Buy” and an average price target of $138.46.

Mohawk Industries Price Performance

Mohawk Industries stock opened at $108.04 on Friday. The business has a 50 day simple moving average of $124.30 and a 200-day simple moving average of $116.40. Mohawk Industries has a 12 month low of $96.24 and a 12 month high of $146.93. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24. The stock has a market capitalization of $6.68 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 2.38 and a beta of 1.31.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $2.67 EPS for the quarter, missing the consensus estimate of $2.68 by ($0.01). The company had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.73 billion. Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The firm’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.90 earnings per share. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS.

Insider Buying and Selling

In other news, Director Bernard Thiers sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $128.21, for a total value of $1,282,100.00. Following the completion of the transaction, the director owned 105,532 shares in the company, valued at $13,530,257.72. This trade represents a 8.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Rodney David Patton sold 700 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $128.05, for a total transaction of $89,635.00. Following the completion of the sale, the vice president owned 17,804 shares in the company, valued at $2,279,802.20. This represents a 3.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 18,906 shares of company stock valued at $2,409,994. 17.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Comerica Bank lifted its stake in Mohawk Industries by 3.3% in the 3rd quarter. Comerica Bank now owns 12,976 shares of the company’s stock valued at $1,673,000 after buying an additional 415 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of Mohawk Industries by 334.5% in the third quarter. Brown Brothers Harriman & Co. now owns 882 shares of the company’s stock worth $114,000 after acquiring an additional 679 shares during the last quarter. Glenmede Investment Management LP raised its holdings in shares of Mohawk Industries by 6.0% in the third quarter. Glenmede Investment Management LP now owns 2,729 shares of the company’s stock worth $352,000 after acquiring an additional 154 shares during the last quarter. Pathstone Holdings LLC boosted its stake in shares of Mohawk Industries by 8.9% during the third quarter. Pathstone Holdings LLC now owns 22,758 shares of the company’s stock valued at $2,934,000 after acquiring an additional 1,859 shares during the last quarter. Finally, Certuity LLC acquired a new stake in shares of Mohawk Industries during the third quarter valued at $316,000. 78.98% of the stock is owned by hedge funds and other institutional investors.

Mohawk Industries Company Profile

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.