Zacks Research Issues Negative Outlook for MHK Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Investment analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Mohawk Industries in a note issued to investors on Monday, March 3rd. Zacks Research analyst R. Department now expects that the company will earn $1.39 per share for the quarter, down from their prior estimate of $1.41. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q2 2025 earnings at $2.90 EPS, Q4 2025 earnings at $2.14 EPS, FY2025 earnings at $9.47 EPS, Q2 2026 earnings at $3.37 EPS, Q3 2026 earnings at $3.45 EPS, FY2026 earnings at $11.49 EPS and FY2027 earnings at $12.22 EPS.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.10. Mohawk Industries had a return on equity of 8.04% and a net margin of 4.78%.

A number of other research analysts have also commented on the company. The Goldman Sachs Group lowered their price objective on Mohawk Industries from $170.00 to $145.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Loop Capital lowered their target price on Mohawk Industries from $180.00 to $155.00 and set a “buy” rating on the stock in a report on Monday, February 10th. JPMorgan Chase & Co. lowered their target price on Mohawk Industries from $161.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 10th. Bank of America lowered their target price on Mohawk Industries from $152.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, February 10th. Finally, Wolfe Research raised Mohawk Industries from a “peer perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Mohawk Industries currently has an average rating of “Moderate Buy” and an average target price of $146.92.

Mohawk Industries Stock Performance

Shares of NYSE MHK opened at $113.06 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.12 and a current ratio of 2.06. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 1.44 and a beta of 1.41. The business’s 50-day simple moving average is $121.23 and its 200-day simple moving average is $137.05. Mohawk Industries has a 52 week low of $104.88 and a 52 week high of $164.29.

Insiders Place Their Bets

In related news, insider Suzanne L. Helen sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $127.75, for a total transaction of $511,000.00. Following the completion of the transaction, the insider now owns 108,084 shares in the company, valued at $13,807,731. This trade represents a 3.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 17,078 shares of company stock worth $2,203,387. 17.10% of the stock is currently owned by company insiders.

Institutional Trading of Mohawk Industries

Several institutional investors have recently bought and sold shares of the stock. QSM Asset Management Ltd acquired a new stake in Mohawk Industries in the 4th quarter valued at $6,002,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Mohawk Industries in the 4th quarter valued at $1,564,000. Jefferies Financial Group Inc. acquired a new stake in Mohawk Industries in the 4th quarter valued at $799,000. Forum Financial Management LP acquired a new stake in Mohawk Industries in the 4th quarter valued at $273,000. Finally, Toronto Dominion Bank boosted its stake in Mohawk Industries by 2.9% in the 4th quarter. Toronto Dominion Bank now owns 20,997 shares of the company’s stock valued at $2,501,000 after buying an additional 583 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

About Mohawk Industries

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.