Mohawk Industries, Inc. (NYSE:MHK – Get Free Report) has been given a consensus recommendation of “Hold” by the fifteen research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $133.75.
Several analysts have commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $121.00 target price on shares of Mohawk Industries in a research note on Tuesday, August 4th. Royal Bank Of Canada cut Mohawk Industries from a “sector perform” rating to an “underperform” rating and decreased their price target for the stock from $130.00 to $112.00 in a research note on Wednesday, October 7th. Wells Fargo & Company upped their price target on Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Robert W. Baird lifted their price target on shares of Mohawk Industries from $112.00 to $132.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, Truist Financial boosted their price objective on shares of Mohawk Industries from $135.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, August 4th.
View Our Latest Report on Mohawk Industries
Mohawk Industries Stock Performance
Mohawk Industries stock opened at $139.57 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.92 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $9.45 billion, a P/E ratio of 16.38, a PEG ratio of 1.86 and a beta of 1.16. The stock’s 50 day moving average is $125.73 and its 200 day moving average is $116.57. Mohawk Industries has a twelve month low of $92.99 and a twelve month high of $141.17.
Mohawk Industries (NYSE:MHK – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.14. Mohawk Industries had a net margin of 4.63% and a return on equity of 7.44%. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the prior year, the firm posted $2.67 earnings per share. The business’s revenue was up 1.0% on a year-over-year basis. On average, equities research analysts predict that Mohawk Industries will post 9.80 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Mohawk Industries news, insider Suzanne L. Helen sold 800 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $125.62, for a total transaction of $100,496.00. Following the completion of the sale, the insider directly owned 5,332 shares in the company, valued at $669,805.84. The trade was a 13.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jeffrey S. Lorberbaum sold 11,400 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $128.21, for a total transaction of $1,461,594.00. Following the sale, the chief executive officer directly owned 59,299 shares of the company’s stock, valued at $7,602,724.79. The trade was a 16.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 172,996 shares of company stock valued at $22,433,248. Company insiders own 17.90% of the company’s stock.
Hedge Funds Weigh In On Mohawk Industries
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Mohawk Industries during the 2nd quarter valued at approximately $25,000. Elevation Wealth Partners LLC increased its holdings in Mohawk Industries by 122.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 220 shares of the company’s stock worth $27,000 after acquiring an additional 121 shares in the last quarter. Basecamp Wealth Advisors LLC raised its stake in Mohawk Industries by 2,281.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 262 shares of the company’s stock worth $26,000 after acquiring an additional 251 shares during the period. Provenance Wealth Advisors LLC bought a new stake in Mohawk Industries during the 3rd quarter worth approximately $36,000. Finally, Pension & Wealth Management Advisors Inc. purchased a new position in Mohawk Industries during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.
Key Stories Impacting Mohawk Industries
Here are the key news stories impacting Mohawk Industries this week:
- Positive Sentiment: Q3 earnings exceeded expectations: Mohawk reported diluted EPS of $2.72, up from $2.67 a year earlier and above the approximately $2.56–$2.58 analyst consensus. Net sales rose about 1% year over year to $2.786 billion, while operating income increased to $187.7 million from $136.7 million. Mohawk Industries Reports Q3 2026 Results
- Positive Sentiment: Cash flow and shareholder returns were strong: Operating cash flow reached $471 million and free cash flow totaled $390 million, up 78% year to date. The company repurchased approximately 2.0 million shares for $261 million during the quarter, reducing shares outstanding by about 4%. Mohawk Industries Reports Q3 2026 Sales and EPS
- Positive Sentiment: New buyback authorization supports the stock: Mohawk approved an additional repurchase program of up to $500 million and introduced a long-term strategic and capital-allocation framework focused on shareholder value creation. Mohawk Announces New Share Repurchase Authorization
- Neutral Sentiment: Results were mixed by segment: Growth in Global Ceramic and Flooring North America helped offset broadly flat adjusted sales, with adjusted EBITDA of approximately $353 million and a 12.7% margin.
- Negative Sentiment: Revenue missed forecasts and near-term guidance is cautious: Sales came in below the roughly $2.82 billion consensus estimate. Management forecast fourth-quarter adjusted EPS of $1.35–$1.45, indicating weaker sequential earnings momentum and leaving investors sensitive to demand conditions in the flooring market. Mohawk Industries Q3 2026 Earnings Call Transcript
About Mohawk Industries
Mohawk Industries, Inc is a global manufacturer and distributor of flooring products. The company serves residential and commercial customers through products sold to retailers, distributors, builders, contractors and other industry professionals.
Its product portfolio includes carpet, rugs, ceramic and porcelain tile, hardwood flooring, laminate, luxury vinyl tile and other resilient flooring products. Mohawk markets products under a range of well-known brands, including Mohawk, Karastan, Pergo, Quick-Step, Marazzi, Daltile, American Olean and Durkan.
The company traces its origins to a carpet mill established in 1878 and is headquartered in Calhoun, Georgia.
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