Mohawk Industries, Inc. (NYSE:MHK) Receives $124.42 Average Price Target from Analysts

Mohawk Industries, Inc. (NYSE:MHKGet Free Report) has earned a consensus rating of “Hold” from the fifteen research firms that are presently covering the firm, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $124.4167.

Several equities analysts have weighed in on the company. Barclays raised their target price on Mohawk Industries from $96.00 to $109.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Wall Street Zen upgraded Mohawk Industries from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Truist Financial lowered their price target on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Weiss Ratings raised shares of Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Robert W. Baird reduced their price objective on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating for the company in a research note on Monday, May 4th.

Get Our Latest Research Report on Mohawk Industries

Insider Buying and Selling at Mohawk Industries

In other news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the sale, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at approximately $2,638,250. This trade represents a 16.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Suzanne L. Helen sold 16,600 shares of Mohawk Industries stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $112.97, for a total value of $1,875,302.00. Following the completion of the transaction, the insider owned 14,132 shares in the company, valued at $1,596,492.04. The trade was a 54.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,186 shares of company stock worth $4,460,321 in the last quarter. Insiders own 17.90% of the company’s stock.

Institutional Trading of Mohawk Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC boosted its position in shares of Mohawk Industries by 122.2% in the second quarter. Elevation Wealth Partners LLC now owns 220 shares of the company’s stock valued at $27,000 after acquiring an additional 121 shares during the period. Bayforest Capital Ltd bought a new position in Mohawk Industries during the fourth quarter worth $27,000. Global Retirement Partners LLC increased its position in Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after acquiring an additional 228 shares during the period. Basecamp Wealth Advisors LLC raised its stake in Mohawk Industries by 2,281.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 262 shares of the company’s stock valued at $26,000 after purchasing an additional 251 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its holdings in Mohawk Industries by 216.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after purchasing an additional 188 shares during the period. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Stock Performance

Shares of MHK stock opened at $113.16 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. Mohawk Industries has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The stock’s 50-day moving average is $109.43 and its two-hundred day moving average is $111.27. The firm has a market cap of $6.90 billion, a P/E ratio of 16.97, a PEG ratio of 2.72 and a beta of 1.18.

Mohawk Industries (NYSE:MHKGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.10. The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.74 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The firm’s revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.52 EPS. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Analysts predict that Mohawk Industries will post 8.71 earnings per share for the current fiscal year.

Mohawk Industries Company Profile

(Get Free Report)

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

Further Reading

Analyst Recommendations for Mohawk Industries (NYSE:MHK)

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