Brokerages Anticipate Mohawk Group Holdings (NYSE:MWK) to Post ($0.33) Earnings Per Share

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Shares of Mohawk Group Holdings (NYSE:MWK) have received an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokers have set a 12-month consensus price objective of $12.00 for the company and are expecting that the company will post ($0.33) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Mohawk Group an industry rank of 45 out of 256 based on the ratings given to related companies.

A number of brokerages have recently commented on MWK. National Securities began coverage on Mohawk Industries in a research note on Thursday. They issued a “buy” rating on the stock. Alliance Global Partners began coverage on Mohawk Group in a research note on Monday, July 8th. They issued a “buy” rating and a $15.00 target price on the stock. Finally, Roth Capital began coverage on Mohawk Group in a research note on Monday, July 8th. They issued a “buy” rating and a $9.00 target price on the stock.

Shares of MWK opened at $7.28 on Tuesday. Mohawk Group has a 52 week low of $6.11 and a 52 week high of $10.74.

Mohawk Group Company Profile

Mohawk Group Holdings, Inc operates as a technology-enabled consumer products company in the United States. It offers home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOme, Vremi, Xtava, and RIF6 brands.

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