MHK - Mohawk Industries, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
92.17
+8.86 (+10.63%)
As of 12:44PM EDT. Market open.
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close83.31
Open87.97
Bid91.96 x 1100
Ask92.15 x 1200
Day's Range87.30 - 92.29
52 Week Range56.62 - 156.60
Volume442,685
Avg. Volume998,498
Market Cap6.561B
Beta (5Y Monthly)1.52
PE Ratio (TTM)1.85
EPS (TTM)49.90
Earnings DateJul 23, 2020 - Jul 27, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est95.57
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-10% Est. Return
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  • Thomson Reuters StreetEvents

    Edited Transcript of MHK earnings conference call or presentation 5-May-20 3:00pm GMT

    Q1 2020 Mohawk Industries Inc Earnings Call

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  • ACCESSWIRE

    Lawsuit for Investors in Mohawk Industries, Inc. (NYSE:MHK) announced by Shareholders Foundation

    SAN DIEGO, CA / ACCESSWIRE / May 19, 2020 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in (NYSE:MHK) shares. Investors, who purchased shares of Mohawk Industries, ...

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  • Moody's

    Mohawk Industries, Inc. -- Moody's rates Mohawk's Senior Unsecured Notes Baa1; outlook is stable

    Moody's Investors Service, ("Moody's") assigned a Baa1 rating to Mohawk Industries, Inc's ("Mohawk") new $500 million senior unsecured 10-year notes. Moody's expects that Mohawk's operating performance will be negatively impacted in 2020 by lower demand for its products as a result of weakening global economic conditions caused by the coronavirus outbreak. Moody's expects demand for flooring to decline 30% to 40% in the year ahead as residential remodeling and corporate investment will be postponed as recessionary pressures persist.

  • Mohawk Industries Inc (MHK) Q1 2020 Earnings Call Transcript
    Motley Fool

    Mohawk Industries Inc (MHK) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. Mohawk Industries Inc (NYSE: MHK)Q1 2020 Earnings CallMay 5, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.

  • Mohawk (MHK) Q1 Earnings Miss, Down Y/Y on Lower Demand
    Zacks

    Mohawk (MHK) Q1 Earnings Miss, Down Y/Y on Lower Demand

    Soft demand, reduced production volume and unplanned shutdown costs hurt Mohawk Industries' (MHK) Q1 results.

  • Mohawk Industries (MHK) Lags Q1 Earnings and Revenue Estimates
    Zacks

    Mohawk Industries (MHK) Lags Q1 Earnings and Revenue Estimates

    Mohawk Industries (MHK) delivered earnings and revenue surprises of -0.60% and -1.09%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Mohawk Industries Reports Q1 Results

    CALHOUN, Ga., May 04, 2020 -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2020 first quarter net earnings of $111 million and diluted earnings per share (EPS) of $1.54..

  • What Is Mohawk Industries's (NYSE:MHK) P/E Ratio After Its Share Price Rocketed?
    Simply Wall St.

    What Is Mohawk Industries's (NYSE:MHK) P/E Ratio After Its Share Price Rocketed?

    Mohawk Industries (NYSE:MHK) shareholders are no doubt pleased to see that the share price has bounced 34% in the last...

  • Whirlpool CEO: We will see a U-shaped recovery from the COVID-19 pandemic
    Yahoo Finance

    Whirlpool CEO: We will see a U-shaped recovery from the COVID-19 pandemic

    Whirlpool CEO Marc Bitzer joins Yahoo Finance to discuss the road ahead for the appliance giant.

  • Will Soft Sales & Higher Cost Hurt Mohawk (MHK) Q1 Earnings?
    Zacks

    Will Soft Sales & Higher Cost Hurt Mohawk (MHK) Q1 Earnings?

    Inflationary pressure and lower demand are likely to reflect on Mohawk Industries' (MHK) first-quarter 2020 results.

  • Mohawk Industries, Inc. (NYSE:MHK): Should The Recent Earnings Drop Worry You?
    Simply Wall St.

    Mohawk Industries, Inc. (NYSE:MHK): Should The Recent Earnings Drop Worry You?

    Examining Mohawk Industries, Inc.'s (NYSE:MHK) past track record of performance is an insightful exercise for...

  • Analysts Estimate Mohawk Industries (MHK) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Mohawk Industries (MHK) to Report a Decline in Earnings: What to Look Out for

    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.

  • GlobeNewswire

    Mohawk Industries, Inc. Invites You to Join the First Quarter 2020 Conference Call on the Web

    CALHOUN, Ga., April 17, 2020 -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) First Quarter 2020 earnings release on Monday May 4, 2020 you are invited to listen to.

  • Mohawk Industries calls former CFO out of retirement to navigate flooring giant through challenging times
    American City Business Journals

    Mohawk Industries calls former CFO out of retirement to navigate flooring giant through challenging times

    Georgia-based flooring giant Mohawk Industries Inc. has called its longtime former chief financial officer out of retirement to help lead it through the business disruption of the COVID-19 pandemic. Calhoun, Ga.-based Mohawk (NYSE: MHK) said Wednesday it's named Frank Boykin to be its CFO, effective immediately. Boykin retired in 2019 and has continued to support the business as a senior consultant for the past year.

  • GlobeNewswire

    Mohawk Names Frank Boykin Chief Financial Officer

    Mohawk Industries, Inc. (MHK) today announced the appointment of Frank H. Boykin as chief financial officer, effective April 15, 2020. “During his 25 years with the business, Frank played an important role in Mohawk’s growth,” said Jeff Lorberbaum, Mohawk’s chairman and chief executive officer.

  • MHK Long -Term Investor Alert: Johnson Fistel Continues to Investigate Mohawk Industries; Should Management be Held Accountable for Investors Losses?
    PR Newswire

    MHK Long -Term Investor Alert: Johnson Fistel Continues to Investigate Mohawk Industries; Should Management be Held Accountable for Investors Losses?

    Johnson Fistel, LLP is investigating potential claims on behalf of Mohawk Industries, Inc. ("Mohawk" or the "Company") (NYSE: MHK) against certain of its officers and directors.

  • NOTICE For Investors in NYSE: MHK: Lawsuit against Mohawk Industries, Inc. announced by Shareholders Foundation
    Newsfile

    NOTICE For Investors in NYSE: MHK: Lawsuit against Mohawk Industries, Inc. announced by Shareholders Foundation

    San Diego, California--(Newsfile Corp. - April 7, 2020) -  The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors who purchased shares of Mohawk Industries, Inc. (NYSE: MHK).Investors in shares of Mohawk Industries, Inc. (NYSE: MHK) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.On January 9, 2020, a lawsuit was filed against Mohawk Industries, Inc over alleged Securities Laws Violations. The plaintiff ...

  • Coronavirus: Big Georgia manufacturer Mohawk Industries says COVID-19 will hurt financial results
    American City Business Journals

    Coronavirus: Big Georgia manufacturer Mohawk Industries says COVID-19 will hurt financial results

    The spread of COVID-19 is having an increasing impact on the economies where the floor-covering giant operates around the world.

  • A Sliding Share Price Has Us Looking At Mohawk Industries, Inc.'s (NYSE:MHK) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Mohawk Industries, Inc.'s (NYSE:MHK) P/E Ratio

    To the annoyance of some shareholders, Mohawk Industries (NYSE:MHK) shares are down a considerable 36% in the last...

  • Mohawk's Flooring Business Strong Amid Coronavirus Mayhem
    Zacks

    Mohawk's Flooring Business Strong Amid Coronavirus Mayhem

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  • Hedge Funds Were Buying Mohawk Industries, Inc. (MHK) Before The Coronavirus
    Insider Monkey

    Hedge Funds Were Buying Mohawk Industries, Inc. (MHK) Before The Coronavirus

    Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]

  • GlobeNewswire

    MHK Long -Term Investor Alert: Johnson Fistel Investigates Mohawk Industries; Should Management be Held Accountable for Investors Losses?

    Johnson Fistel, LLP is investigating potential claims on behalf of Mohawk Industries, Inc. ("Mohawk" or the "Company") (MHK) against certain of its officers and directors. Recently a class action lawsuit was filed in federal court against the Company on behalf of purchasers of the securities of Mohawk from April 28, 2017 and July 25, 2019 (the "Class Period"). According to the lawsuit, defendants throughout the Class Period made false and misleading statements and failed to disclose that: (1) Mohawk was engaging in fraudulent channel stuffing; (2) Mohawk's statements regarding sales growth and the demand for its conventional flooring products were false and misleading; (3) the Company falsely assured stockholders about its increasing accounts receivable and inventory levels during the Class Period by falsely attributing those increases to external factors like rising raw material costs and inflation; and (4) as a result of the foregoing, defendants' statements about its business and operations were materially false and misleading at all relevant times.

  • Insider Buying Surpasses Insider Selling For First Time In 10 Years
    Benzinga

    Insider Buying Surpasses Insider Selling For First Time In 10 Years

    For the first time in at least 10 years, there is more insider buying than insider selling on Wall Street.Last week, company insiders purchased an aggregate $682.8 million in stock as the market sold off, according to InsideArbitrage. That buying was up from just $278.6 million in the previous week and outpaced total insider selling of $668.5 million.While insider buying may seem like a bullish signal on the surface, InsiderArbitrage founder Asif Suria said Sunday that Wall Street insiders tend to be overly optimistic when it comes to their own companies."We have been bearish for several weeks now and have written about showing restraint despite the insiders stepping up their insider buying because insiders as a group generally tend to be optimistic about their own companies, sometime buy to 'signal' the market and like value investors often tend to be early," Suria said.Top Insider Buying Stocks InsiderArbitrage found the most insider buying among bank stocks, followed by oil & gas stocks and capital markets stocks.The top five insider purchases of the week are included below: * American Homes 4 Rent (NYSE: AMH) * Mohawk Industries, Inc. (NYSE: MHK) * Energy Transfer LP Unit (NYSE: ET) * Encompass Health Corp (NYSE: EHC) * Kinder Morgan Inc (NYSE: KMI)Company insiders whose compensation includes shares of stock can't be faulted for selling those shares and raising cash periodically. However, traders tend to pay much more attention to insider buying because executives are going out of their way to put their own money at risk.Benzinga's Take Investors and traders should be careful in attempting to time the coronavirus market bottom. It's nearly impossible to time the bottom, so investors looking to buy the dip should be patient or even consider taking positions in increments as the market falls.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Related Links:Insider Buying Vs. Insider Selling: What Numbers Really Matter For Traders?'Dusting Off The Financial Crisis Playbook:' Markets Fall After Fed Announces Emergency Rate CutSee more from Benzinga * Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios * 8 Stocks To Buy With Dividend Yields Of At Least 9%(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.