MHK - Mohawk Industries, Inc.

NYSE - NYSE Delayed Price. Currency in USD
135.00
+0.83 (+0.62%)
At close: 4:02PM EST

135.00 0.00 (0.00%)
After hours: 4:18PM EST

Stock chart is not supported by your current browser
Previous Close134.17
Open133.98
Bid130.51 x 800
Ask134.65 x 800
Day's Range133.12 - 135.09
52 Week Range108.93 - 156.60
Volume814,348
Avg. Volume623,000
Market Cap9.669B
Beta (5Y Monthly)1.31
PE Ratio (TTM)2.71
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Thomson Reuters StreetEvents

    Edited Transcript of MHK earnings conference call or presentation 14-Feb-20 4:00pm GMT

    Q4 2019 Mohawk Industries Inc Earnings Call

  • Results: Mohawk Industries, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
    Simply Wall St.

    Results: Mohawk Industries, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

    It's been a good week for Mohawk Industries, Inc. (NYSE:MHK) shareholders, because the company has just released its...

  • Mohawk (MHK) Q4 Earnings Surpass Estimates, Decline Y/Y
    Zacks

    Mohawk (MHK) Q4 Earnings Surpass Estimates, Decline Y/Y

    Despite better-than-expected earnings in Q4, soft demand, stiff competition and reduced production volume hurt Mohawk Industries (MHK).

  • Mohawk Industries (MHK) Q4 Earnings and Revenues Beat Estimates
    Zacks

    Mohawk Industries (MHK) Q4 Earnings and Revenues Beat Estimates

    Mohawk Industries (MHK) delivered earnings and revenue surprises of 2.27% and 0.71%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Tom Gayner's Top 5 Buys in the 4th Quarter
    GuruFocus.com

    Tom Gayner's Top 5 Buys in the 4th Quarter

    Markel co-CEO releases portfolio Continue reading...

  • Mohawk's (MHK) Q4 Earnings to be Hurt by Margin-Related Woes
    Zacks

    Mohawk's (MHK) Q4 Earnings to be Hurt by Margin-Related Woes

    Mohawk Industries (MHK) is likely to post lackluster fourth-quarter 2019 results due to inflationary pressure and lower demand.

  • Earnings Preview: Mohawk Industries (MHK) Q4 Earnings Expected to Decline
    Zacks

    Earnings Preview: Mohawk Industries (MHK) Q4 Earnings Expected to Decline

    Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Is Mohawk Industries, Inc.'s (NYSE:MHK) ROE Of 9.1% Concerning?
    Simply Wall St.

    Is Mohawk Industries, Inc.'s (NYSE:MHK) ROE Of 9.1% Concerning?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Apprenticeship program building ready workforce in two Triad counties
    American City Business Journals

    Apprenticeship program building ready workforce in two Triad counties

    Egger Wood Products, Davidson County Community College leading the way for the Davidson and Davie Apprenticeship Consortium.

  • How Much is Mohawk Industries, Inc.'s (NYSE:MHK) CEO Getting Paid?
    Simply Wall St.

    How Much is Mohawk Industries, Inc.'s (NYSE:MHK) CEO Getting Paid?

    In 2001 Jeff Lorberbaum was appointed CEO of Mohawk Industries, Inc. (NYSE:MHK). This report will, first, examine the...

  • Mississippi retirement fund sues Mohawk Industries, claims Georgia flooring giant deceived investors
    American City Business Journals

    Mississippi retirement fund sues Mohawk Industries, claims Georgia flooring giant deceived investors

    PERS of Mississippi is asking the court to give its lawsuit class-action status, meaning that if granted the case would represent all investors who bought Mohawk common stock between April 28, 2017, and July 25, 2019.

  • 2019 Review: Top Hedge Fund Stocks vs. Mohawk Industries, Inc. (MHK)
    Insider Monkey

    2019 Review: Top Hedge Fund Stocks vs. Mohawk Industries, Inc. (MHK)

    Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]

  • GuruFocus.com

    Smashed, Smushed, Trampled: This Year's Worst Performers

    Some of this year’s worst-performing stocks will vanish into history, but others will claw their way back Continue reading...

  • Here's What Mohawk Industries, Inc.'s (NYSE:MHK) P/E Is Telling Us
    Simply Wall St.

    Here's What Mohawk Industries, Inc.'s (NYSE:MHK) P/E Is Telling Us

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Goldman Sachs: 3 Buy-Rated Stocks with Double-Digit Potential in 2020
    TipRanks

    Goldman Sachs: 3 Buy-Rated Stocks with Double-Digit Potential in 2020

    The clock is ticking down on calendar year 2019 -- and what a year it's been!Stocks forming the S&P 500 index of America's biggest companies have returned 23% profits year-to-date -- twice the index's long-term average. And while it might seem unlikely that such a feat could repeat, at least one analyst thinks a strong 2020 isn't entirely out of the question.Goldman Sachs chief U.S. equity strategist David Kostin outlined his firm's take on the 2020 stock market, predicting that with help from a "durable profit cycle and continued economic expansion ... the current bull market in US equities will continue in 2020."Mind you, not everyone is so optimistic. CNBC notes that Goldman Sachs' prediction of an S&P 500 hitting 3,400 by December 31, 2020 is "one of the most bullish outlooks for 2020 among the major investment banks tracked by CNBC." But as Kostin argues, so long as Congress remains "divided," with neither political party holding a commanding lead, governmental meddling in the market should be kept to a minimum, resulting in stronger-than-average profits for stocks in the year to come.So which stocks in particular have the best chance to thrive in 2020? With help from the TipRanks Stock Screener tool, we've identified three separate equities rated highly by Goldman Sachs \-- and enjoying strong support elsewhere on Wall Street as well. Let's get to know them, beginning with...Wingstop (WING)Dallas, Texas-based Wingstop is -- as you've probably guessed -- a chicken-wings joint. It's no mom-and-pop shop, though, but a chain boasting 1,250 owned and franchised restaurants.On Monday, Goldman Sachs analyst Katherine Fogertey added Wingstop to the investment bank's "conviction list," citing "signs of sustained" same store sales momentum and improving "delivery economics." In the near term, she sees Wingstop producing impressive same store sales growth of 12.5% in Q4. Longer term, Fogertey predicts that this company could grow off its already large base of stores to build a network of 4,000 domestic restaurants, and 2,300 international restaurants, by 2035."A key tenet of our international growth thesis is based on Wingstop’s ability to continue to sign and execute master franchise agreements to accelerate unit growth. We believe Wingstop will continue to execute master franchise agreements in order to accelerate international unit development, and expect this will be a key topic of discussion at the January analyst day," the analyst concluded.Such astounding growth deserves an astounding price target prediction, and Fogertey doesn't fail to deliver: By this time next year, she thinks Wingstop stock will top $140 a share -- 66% profit from Monday's close. (To watch Fogertey's track record, click here)Wall Street as a whole is bullish on Wingstop stock, with six "buy" ratings and 5 "holds" added by analysts in just the last month. On average, analyst estimates predict 18% upside for Wingstop shares as they climb to $99.44 per share over the next 12 months -- but Goldman Sachs is even more optimistic than that. (See Wingstop’s price targets and analyst ratings on TipRanks)Owens Corning (OC) Our next nominee from Goldman Sachs needs even less introduction. Pink Panther fans and homeowners alike will recognize the name of one of America's best-known makers of pink insulation. Goldman Sachs analyst Susan Maklari initiated coverage on this one with a "buy" rating, and also with a place on the firm's "conviction list." (To watch Maklari's track record, click here)"Greater than expected top-line and margin expansion in its insulation and roofing segments" are key to Maklari's enthusiasm for Owens Corning stock, as the analyst forecasts a recovery in new home construction "on the back of lower [interest] rates." The analyst expects demand for roofing materials to be especially brisk in 2020 as transportation costs decline and construction demand ticks back up, resulting in "favorable volume, pricing, and cost dynamics across 75% of [OC's] revenue base over the next 12-months, allowing for above average profitability. This should offset more modest results in composites (remaining 25% of revenues) on the back of slower global growth."Maklari concluded, "We believe greater than expected earnings power will be reflected in OC’s valuation over the next 12 months."And once again, Goldman is ahead of the curve on price targets. Six analysts have chimed in on Owens Corning in the past month, with four of them rating the stock "buy," and two only "hold." Whereas the average analyst on Wall Street has Owens Corning pegged for about an 11% price gain to $72.44 over the next 12 months, Maklari is predicting a price closer to $80 a share -- 23% above Monday's close. (See Owens stock-price forecasts and analyst ratings on TipRanks)Mohawk Industries (MHK)Perhaps a less familiar name -- but still one tied to the housing industry -- our final Goldman pick today is Calhoun, Georgia's Mohawk Industries, maker of carpet, tile, hardwood, and other flooring products for homes and businesses. Once again, Maklari is the analyst making the pick, and once again she thinks this stock is a "buy" (albeit, apparently not a "conviction" buy).Mohawk, as investors may recall, has had a rough couple of years, with profits declining (year over year) more quarters than they gained. Last quarter in particular, sales were down 1% -- and earnings fell 31.5%. But in Maklari's view, the company is close to "turning a corner" now.President Trump's tariffs imposed on ceramic tiles imported from China will "negate their value," permitting "US ceramic tile inventories [to] normalize" as retailers work down their "excess supplies." At the same time, Maklari is predicting growing profit margins in the company's "US luxury vinyl tile" business. Combined with "consistent results" internationally, the analyst forecasts that a halt to revenue declines this year will be followed by a return to growth in both sales and earnings in 2020 and 2021, giving rise to greater investor interest in the equity."Although we recognize Mohawk has faced various operating and demand challenges over the last two years, we believe it is closer to turning a corner. We look for the stock to re-rate higher as the results of these efforts come through," Maklari concluded.The average analyst price target for Mohawk over the next year is only $158.58 (14% upside), with two analysts rating the stock "buy" in the past month -- and one voting "sell." Maklari, however -- one of Mohawk's fans -- thinks the stock could rise as high as $165 a share, delivering a 19% profit to new investors en route. (See Mohawk stock analysis on TipRanks)

  • Do Hedge Funds Love Mohawk Industries, Inc. (MHK)?
    Insider Monkey

    Do Hedge Funds Love Mohawk Industries, Inc. (MHK)?

    Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]

  • 5 Manufacturing Companies Gurus Broadly Own
    GuruFocus.com

    5 Manufacturing Companies Gurus Broadly Own

    Stocks to consider as manufacturing sector continues contracting Continue reading...

  • Mohawk Industries, Inc.'s (NYSE:MHK) Earnings Dropped -19%, Did Its Industry Show Weakness Too?
    Simply Wall St.

    Mohawk Industries, Inc.'s (NYSE:MHK) Earnings Dropped -19%, Did Its Industry Show Weakness Too?

    Increase in profitability and industry-beating performance can be essential considerations in a stock for some...

  • Tom Gayner Continues to Buy Alphabet, Amazon
    GuruFocus.com

    Tom Gayner Continues to Buy Alphabet, Amazon

    Investor's repeat buys of the last 2 quarters Continue reading...

  • Gayner Invests in Embattled Berkshire Holding Kraft Heinz
    GuruFocus.com

    Gayner Invests in Embattled Berkshire Holding Kraft Heinz

    Markel’s new buys during 3rd quarter include struggling packaged foods company Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of MHK earnings conference call or presentation 25-Oct-19 3:00pm GMT

    Q3 2019 Mohawk Industries Inc Earnings Call

  • Have Insiders Sold Mohawk Industries, Inc. (NYSE:MHK) Shares Recently?
    Simply Wall St.

    Have Insiders Sold Mohawk Industries, Inc. (NYSE:MHK) Shares Recently?

    We'd be surprised if Mohawk Industries, Inc. (NYSE:MHK) shareholders haven't noticed that the President of Flooring...

  • Mohawk (MHK) Shares Up 4.7% as Q3 Earnings Beat Estimates
    Zacks

    Mohawk (MHK) Shares Up 4.7% as Q3 Earnings Beat Estimates

    Despite lower demand, shares of Mohawk Industries (MHK) rises on better-than-expected earnings in Q3.

  • Mohawk Industries (MHK) Beats Q3 Earnings and Revenue Estimates
    Zacks

    Mohawk Industries (MHK) Beats Q3 Earnings and Revenue Estimates

    Mohawk Industries (MHK) delivered earnings and revenue surprises of 4.17% and 0.82%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Will Lower Deliveries Hurt Leggett's (LEG) Earnings in Q3?
    Zacks

    Will Lower Deliveries Hurt Leggett's (LEG) Earnings in Q3?

    Leggett & Platt's (LEG) third-quarter earnings are likely to have benefited from strategic initiatives & acquisitions. However, lower deliveries and currency headwinds might have hurt its performance.