Mohawk Industries (NYSE:MHK – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.340-1.440 for the period, compared to the consensus EPS estimate of 1.670. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on MHK shares. Baird R W upgraded Mohawk Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, October 21st. Wells Fargo & Company lowered their price target on shares of Mohawk Industries from $135.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday. Truist Financial dropped their price target on Mohawk Industries from $184.00 to $155.00 and set a “buy” rating on the stock in a research report on Monday, October 28th. StockNews.com upgraded shares of Mohawk Industries from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Finally, Wolfe Research raised Mohawk Industries from a “peer perform” rating to an “outperform” rating and set a $150.00 target price for the company in a report on Wednesday, January 8th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.62.
Get Our Latest Analysis on MHK
Mohawk Industries Stock Up 0.8 %
Mohawk Industries (NYSE:MHK – Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.10. Mohawk Industries had a net margin of 5.22% and a return on equity of 8.05%. On average, equities research analysts forecast that Mohawk Industries will post 9.64 EPS for the current year.
Insider Buying and Selling at Mohawk Industries
In other Mohawk Industries news, insider Suzanne L. Helen sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $126.11, for a total transaction of $504,440.00. Following the sale, the insider now directly owns 104,084 shares in the company, valued at $13,126,033.24. This represents a 3.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders sold 19,078 shares of company stock worth $2,474,347 in the last quarter. 17.10% of the stock is owned by corporate insiders.
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.
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