Zacks Research Has Negative Estimate for MHK Q4 Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Stock analysts at Zacks Research dropped their Q4 2027 earnings per share estimates for shares of Mohawk Industries in a research report issued to clients and investors on Thursday, March 5th. Zacks Research analyst Team now anticipates that the company will earn $2.50 per share for the quarter, down from their prior estimate of $2.71. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ FY2028 earnings at $11.94 EPS.

A number of other analysts also recently weighed in on MHK. Evercore set a $143.00 target price on shares of Mohawk Industries in a report on Tuesday, February 17th. Wolfe Research lowered Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. UBS Group reissued a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a research note on Monday, February 16th. Wells Fargo & Company upped their price objective on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research report on Wednesday, February 11th. Finally, Truist Financial raised their price objective on Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $137.64.

Mohawk Industries Price Performance

MHK stock opened at $107.91 on Monday. Mohawk Industries has a 52 week low of $96.24 and a 52 week high of $143.13. The firm has a market capitalization of $6.63 billion, a P/E ratio of 18.23, a price-to-earnings-growth ratio of 1.71 and a beta of 1.19. The company has a fifty day simple moving average of $121.45 and a two-hundred day simple moving average of $120.70. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK) last posted its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. Mohawk Industries’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm posted $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS.

Insider Activity

In related news, insider Suzanne L. Helen sold 300 shares of Mohawk Industries stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $123.89, for a total transaction of $37,167.00. Following the completion of the transaction, the insider directly owned 67,593 shares of the company’s stock, valued at approximately $8,374,096.77. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders have sold 10,650 shares of company stock valued at $1,178,383. 17.40% of the stock is currently owned by company insiders.

Institutional Trading of Mohawk Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MHK. Dimensional Fund Advisors LP boosted its position in shares of Mohawk Industries by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,138,557 shares of the company’s stock valued at $343,045,000 after buying an additional 53,545 shares during the period. Invesco Ltd. raised its holdings in shares of Mohawk Industries by 7.4% in the second quarter. Invesco Ltd. now owns 1,957,197 shares of the company’s stock worth $205,192,000 after buying an additional 135,246 shares during the period. State Street Corp lifted its stake in shares of Mohawk Industries by 2.1% during the 2nd quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after acquiring an additional 39,556 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Mohawk Industries by 0.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock worth $235,902,000 after acquiring an additional 9,516 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Mohawk Industries by 15.9% during the 4th quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after acquiring an additional 251,012 shares during the period. 78.98% of the stock is owned by hedge funds and other institutional investors.

Mohawk Industries Company Profile

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.