Mohawk Industries, Inc. (NYSE:MHK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Mohawk Industries, Inc. (NYSE:MHK) have received a consensus rating of “Moderate Buy” from the sixteen research firms that are currently covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $135.7857.

MHK has been the subject of several analyst reports. Raymond James Financial reissued a “strong-buy” rating and set a $150.00 target price (up previously from $140.00) on shares of Mohawk Industries in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mohawk Industries in a research report on Friday, October 31st. Evercore ISI cut their price objective on Mohawk Industries from $124.00 to $118.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 19th. Jefferies Financial Group reduced their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a research note on Monday, December 15th. Finally, Barclays set a $121.00 target price on Mohawk Industries in a research note on Monday, December 8th.

Mohawk Industries Price Performance

Shares of NYSE:MHK opened at $109.24 on Thursday. Mohawk Industries has a twelve month low of $96.24 and a twelve month high of $143.13. The stock’s 50 day moving average is $111.24 and its 200-day moving average is $117.94. The company has a quick ratio of 1.24, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 2.23 and a beta of 1.23.

Mohawk Industries (NYSE:MHK) last posted its earnings results on Thursday, October 23rd. The company reported $2.67 EPS for the quarter, missing the consensus estimate of $2.68 by ($0.01). The business had revenue of $2.76 billion for 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 was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.90 earnings per share. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. Sell-side analysts forecast that Mohawk Industries will post 9.8 EPS for the current fiscal year.

Insider Activity at Mohawk Industries

In related news, insider Suzanne L. Helen sold 3,500 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $110.36, for a total value of $386,260.00. Following the sale, the insider directly owned 70,593 shares in the company, valued at approximately $7,790,643.48. The trade was a 4.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders sold 17,600 shares of company stock worth $1,945,754. 17.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mohawk Industries

Several institutional investors have recently made changes to their positions in MHK. Root Financial Partners LLC bought a new stake in shares of Mohawk Industries during the 3rd quarter valued at $25,000. MTM Investment Management LLC purchased a new position in Mohawk Industries during the 2nd quarter valued at about $28,000. Quent Capital LLC purchased a new position in Mohawk Industries during the 3rd quarter valued at about $33,000. SJS Investment Consulting Inc. increased its position in shares of Mohawk Industries by 5,385.7% during the third quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock valued at $50,000 after buying an additional 377 shares during the period. Finally, Danske Bank A S purchased a new stake in shares of Mohawk Industries in the third quarter worth about $52,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Mohawk Industries Company Profile

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.