Zacks Research Brokers Decrease Earnings Estimates for MHK

Mohawk Industries, Inc. (NYSE:MHKFree Report) – Stock analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of Mohawk Industries in a research note issued to investors on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the company will earn $3.17 per share for the quarter, down from their prior estimate of $3.18. The consensus estimate for Mohawk Industries’ current full-year earnings is $10.00 per share. Zacks Research also issued estimates for Mohawk Industries’ Q3 2026 earnings at $3.82 EPS.

Mohawk Industries (NYSE:MHKGet Free Report) last issued its quarterly earnings results on Thursday, July 25th. The company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $0.25. Mohawk Industries had a negative net margin of 3.30% and a positive return on equity of 8.07%. The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same quarter in the prior year, the firm posted $2.76 earnings per share. The business’s quarterly revenue was down 5.1% compared to the same quarter last year.

Several other brokerages also recently commented on MHK. Bank of America raised shares of Mohawk Industries from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $120.00 to $177.00 in a research report on Friday, July 26th. The Goldman Sachs Group lifted their price target on shares of Mohawk Industries from $141.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Loop Capital increased their price objective on shares of Mohawk Industries from $145.00 to $185.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. Barclays raised their target price on Mohawk Industries from $118.00 to $161.00 and gave the company an “equal weight” rating in a research note on Monday, July 29th. Finally, JPMorgan Chase & Co. upped their price target on Mohawk Industries from $124.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $166.25.

Get Our Latest Stock Analysis on MHK

Mohawk Industries Trading Down 5.2 %

NYSE MHK opened at $152.93 on Wednesday. The stock has a market capitalization of $9.77 billion, a P/E ratio of -23.38, a P/E/G ratio of 1.23 and a beta of 1.37. The business has a 50 day simple moving average of $154.60 and a 200 day simple moving average of $133.35. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.92 and a quick ratio of 1.04. Mohawk Industries has a one year low of $76.02 and a one year high of $164.29.

Institutional Investors Weigh In On Mohawk Industries

Several large investors have recently made changes to their positions in MHK. Quest Partners LLC grew its position in Mohawk Industries by 40.0% during the second quarter. Quest Partners LLC now owns 294 shares of the company’s stock valued at $33,000 after buying an additional 84 shares during the period. Headlands Technologies LLC purchased a new position in Mohawk Industries in the second quarter valued at about $50,000. Blue Trust Inc. grew its position in shares of Mohawk Industries by 85.6% during the 3rd quarter. Blue Trust Inc. now owns 362 shares of the company’s stock valued at $58,000 after acquiring an additional 167 shares during the period. Quent Capital LLC raised its holdings in shares of Mohawk Industries by 27.2% in the 1st quarter. Quent Capital LLC now owns 496 shares of the company’s stock worth $65,000 after purchasing an additional 106 shares during the period. Finally, AM Squared Ltd purchased a new position in Mohawk Industries in the second quarter valued at approximately $68,000. 78.98% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Mohawk Industries news, VP Rodney David Patton sold 755 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $162.78, for a total transaction of $122,898.90. Following the transaction, the vice president now directly owns 12,299 shares in the company, valued at approximately $2,002,031.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Mohawk Industries news, VP Rodney David Patton sold 755 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $162.78, for a total value of $122,898.90. Following the completion of the sale, the vice president now owns 12,299 shares in the company, valued at approximately $2,002,031.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Suzanne L. Helen sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $146.97, for a total value of $102,879.00. Following the completion of the transaction, the insider now owns 121,669 shares in the company, valued at $17,881,692.93. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,415 shares of company stock worth $673,387. 17.10% of the stock is owned by corporate insiders.

Mohawk Industries Company Profile

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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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Earnings History and Estimates for Mohawk Industries (NYSE:MHK)

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