Zacks Research Expects Weaker Earnings for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHK) – Stock analysts at Zacks Research cut their FY2025 earnings per share estimates for Mohawk Industries in a research report issued to clients and investors 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 previous estimate 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.

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

Several other analysts have also recently commented on MHK. Robert W. Baird boosted their price target on shares of Mohawk Industries from $130.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. Evercore ISI set a $124.00 price objective on Mohawk Industries in a report on Monday, October 27th. Vertical Research assumed coverage on shares of Mohawk Industries in a report on Monday, October 20th. They issued a “buy” rating for the company. Raymond James Financial reaffirmed a “strong-buy” rating and set a $150.00 price target (up previously from $140.00) on shares of Mohawk Industries in a research note on Tuesday, October 21st. Finally, Barclays reduced their target price on shares of Mohawk Industries from $125.00 to $122.00 and set an “equal weight” rating on the stock in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Mohawk Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.46.

Mohawk Industries Price Performance

Shares of NYSE:MHK opened at $106.85 on Friday. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 15.90, a P/E/G ratio of 2.38 and a beta of 1.31. The firm has a fifty day moving average price of $123.65 and a 200 day moving average price of $116.47. Mohawk Industries has a fifty-two week low of $96.24 and a fifty-two week high of $146.93. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25.

Insider Buying and Selling at Mohawk Industries

In related news, VP Rodney David Patton sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $128.05, for a total value of $89,635.00. Following the completion of the sale, the vice president owned 17,804 shares in the company, valued at approximately $2,279,802.20. The trade was a 3.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bernard Thiers sold 10,000 shares of Mohawk Industries stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $128.21, for a total value of $1,282,100.00. Following the sale, the director directly owned 105,532 shares of the company’s stock, valued at approximately $13,530,257.72. This trade represents a 8.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 18,906 shares of company stock worth $2,409,994 over the last 90 days. Company insiders own 17.40% of the company’s stock.

Institutional Investors Weigh In On Mohawk Industries

Several large investors have recently modified their holdings of MHK. Root Financial Partners LLC bought a new position in Mohawk Industries in the third quarter worth about $25,000. Federated Hermes Inc. grew its holdings in shares of Mohawk Industries by 326.3% during the first quarter. Federated Hermes Inc. now owns 243 shares of the company’s stock valued at $28,000 after buying an additional 186 shares during the last quarter. MTM Investment Management LLC purchased a new stake in shares of Mohawk Industries during the second quarter valued at $28,000. Quent Capital LLC acquired a new position in shares of Mohawk Industries in the 3rd quarter valued at $33,000. Finally, Brooklyn Investment Group raised its stake in Mohawk Industries by 2,506.3% in the 1st quarter. Brooklyn Investment Group now owns 417 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares during the last quarter. Institutional investors own 78.98% of the company’s stock.

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.