Mohawk Industries, Inc. (NYSE:MHK) Receives $123.50 Average Price Target from Analysts

Shares of Mohawk Industries, Inc. (NYSE:MHK) have been given a consensus rating of “Hold” by the fifteen research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $123.3333.

A number of research firms have issued reports on MHK. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mohawk Industries in a report on Monday, April 27th. Truist Financial dropped their price target on shares of Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Wells Fargo & Company dropped their price target on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Mohawk Industries in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada raised their price target on shares of Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 17th.

Insider Buying and Selling

In related news, insider Suzanne L. Helen sold 3,000 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $97.80, for a total transaction of $293,400.00. Following the sale, the insider owned 53,893 shares in the company, valued at approximately $5,270,735.40. This trade represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 12,000 shares of company stock worth $1,246,336 in the last quarter. 17.90% of the stock is currently owned by company insiders.

Institutional Trading of Mohawk Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in shares of Mohawk Industries in the third quarter valued at about $25,000. Bayforest Capital Ltd acquired a new stake in shares of Mohawk Industries in the fourth quarter valued at about $27,000. Global Retirement Partners LLC grew its position in shares of Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after purchasing an additional 228 shares during the period. Transamerica Financial Advisors LLC grew its position in shares of Mohawk Industries by 216.1% in the fourth 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. Finally, SJS Investment Consulting Inc. grew its position in shares of Mohawk Industries by 105.7% in the first quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the period. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Trading Down 0.2%

NYSE MHK opened at $103.66 on Wednesday. The company has a fifty day simple moving average of $105.08 and a two-hundred day simple moving average of $112.75. The stock has a market cap of $6.32 billion, a P/E ratio of 15.54, a P/E/G ratio of 2.54 and a beta of 1.20. Mohawk Industries has a 12-month low of $93.60 and a 12-month high of $143.13. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.10. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, analysts forecast that Mohawk Industries will post 8.78 earnings per share for the current year.

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.