Mohawk Industries (NYSE:MHK) Issues Q1 2025 Earnings Guidance

Mohawk Industries (NYSE:MHK) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.340-1.440 for the period, compared to the consensus EPS estimate of 1.670. The company issued revenue guidance of -.

Mohawk Industries Stock Down 1.2 %

Shares of MHK opened at $120.46 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.09 and a current ratio of 2.03. Mohawk Industries has a 52 week low of $101.83 and a 52 week high of $164.29. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 1.60 and a beta of 1.41. The stock has a fifty day moving average of $124.67 and a 200-day moving average of $140.52.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results 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 8.00% and a net margin of 4.78%. As a group, sell-side analysts anticipate that Mohawk Industries will post 10.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MHK shares. Wells Fargo & Company dropped their price target on shares of Mohawk Industries from $135.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday. The Goldman Sachs Group reduced their price target on Mohawk Industries from $170.00 to $145.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Wolfe Research raised Mohawk Industries from a “peer perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research note on Wednesday, January 8th. Royal Bank of Canada cut their price objective on Mohawk Industries from $140.00 to $134.00 and set a “sector perform” rating on the stock in a research note on Monday, October 28th. Finally, Baird R W raised shares of Mohawk Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 21st. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Mohawk Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.62.

Insider Buying and Selling

In related news, insider Suzanne L. Helen sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $126.11, for a total transaction of $504,440.00. Following the transaction, the insider now directly owns 104,084 shares of the company’s stock, valued at approximately $13,126,033.24. This represents a 3.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 19,078 shares of company stock valued at $2,474,347 over the last ninety days. 17.10% of the stock is owned by corporate insiders.

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.