Mohawk Industries, Inc. (NYSE:MHK) Receives $138.46 Average PT from Analysts

Shares of Mohawk Industries, Inc. (NYSE:MHK) have earned a consensus rating of “Moderate Buy” from the fifteen analysts that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $138.4615.

Several research firms recently issued reports on MHK. Robert W. Baird raised 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. Evercore ISI set a $124.00 price target on shares of Mohawk Industries in a report on Monday, October 27th. Barclays reduced their price target on shares of Mohawk Industries from $125.00 to $122.00 and set an “equal weight” rating on the stock in a research report on Monday, October 27th. JPMorgan Chase & Co. increased their price objective 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, Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research report on Friday, October 31st.

Mohawk Industries Stock Performance

Shares of Mohawk Industries stock opened at $104.05 on Wednesday. The business’s 50 day moving average price is $122.31 and its 200 day moving average price is $116.52. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 2.38 and a beta of 1.31. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25. Mohawk Industries has a one year low of $96.24 and a one year high of $146.93.

Mohawk Industries (NYSE:MHK) last issued its earnings results on Thursday, October 23rd. The company reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.01). Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter in the previous year, the company earned $2.90 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, research analysts predict that Mohawk Industries will post 9.8 EPS for the current year.

Insider Transactions at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 500 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $109.04, for a total value of $54,520.00. Following the transaction, the insider owned 82,378 shares of the company’s stock, valued at $8,982,497.12. This represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 7,206 shares of company stock valued at $900,089. 17.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mohawk Industries

Large investors have recently made changes to their positions in the stock. Yousif Capital Management LLC increased its holdings in shares of Mohawk Industries by 1.1% during the 2nd quarter. Yousif Capital Management LLC now owns 8,374 shares of the company’s stock worth $878,000 after buying an additional 88 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Mohawk Industries by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company’s stock valued at $2,224,000 after acquiring an additional 100 shares during the period. Resona Asset Management Co. Ltd. grew its position in Mohawk Industries by 22.6% during the third quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company’s stock valued at $78,000 after acquiring an additional 113 shares during the period. AlphaQuest LLC increased its stake in Mohawk Industries by 4.2% during the third quarter. AlphaQuest LLC now owns 2,774 shares of the company’s stock worth $358,000 after acquiring an additional 113 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Mohawk Industries by 4.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,912 shares of the company’s stock worth $375,000 after purchasing an additional 116 shares during the period. 78.98% of the stock is currently owned by institutional investors and hedge funds.

About Mohawk Industries

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.