Mohawk Industries, Inc. (NYSE:MHK) Receives Consensus Rating of “Hold” from Brokerages

Mohawk Industries, Inc. (NYSE:MHK) has been assigned an average rating of “Hold” from the fifteen research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $123.3333.

A number of analysts have recently issued reports on the company. Evercore set a $110.00 price target on Mohawk Industries in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on Mohawk Industries in a research report on Tuesday, May 5th. Zacks Research downgraded Mohawk Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Bank of America reiterated a “neutral” rating and set a $122.00 price target (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Finally, Wells Fargo & Company dropped their price target on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th.

Mohawk Industries Stock Performance

Shares of MHK opened at $107.63 on Friday. The company has a market cap of $6.56 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 2.66 and a beta of 1.20. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. The stock has a 50-day moving average price of $101.98 and a 200-day moving average price of $110.94. Mohawk Industries has a 12-month low of $92.99 and a 12-month high of $143.13.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.10. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 EPS. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, equities analysts forecast that Mohawk Industries will post 8.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Suzanne L. Helen sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $97.80, for a total value of $293,400.00. Following the completion of the sale, the insider owned 53,893 shares in the company, valued at $5,270,735.40. The trade was a 5.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the completion of the sale, the chief executive officer owned 25,000 shares of the company’s stock, valued at $2,638,250. The trade was a 16.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 16,700 shares of company stock valued at $1,736,819 in the last 90 days. 17.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Mohawk Industries

Hedge funds have recently bought and sold shares of the company. Bayforest Capital Ltd bought a new stake in Mohawk Industries in the 4th quarter worth approximately $27,000. Global Retirement Partners LLC lifted its position in Mohawk Industries by 950.0% in the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in Mohawk Industries by 216.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares during the last quarter. SJS Investment Consulting Inc. lifted its position in Mohawk Industries by 105.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock worth $32,000 after buying an additional 166 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in Mohawk Industries in the 4th quarter worth approximately $43,000. 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.