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Mohawk Industries Inc (MHK) Stock Forecast & Price Prediction

Live MHK Stock Price & Analysis

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$120.12

+1.08 (0.91%)

12 Month Price Forecast For MHK

$120.12
Current Price
$7.58B
Market Cap
17 Ratings
Buy 8
Hold 9
Sell 0
Wall St Analyst Ratings

Distance to MHK Price Forecasts

+54.0%
To High Target of $185.00
+24.9%
To Median Target of $150.00
+8.2%
To Low Target of $130.00

MHK Price Momentum

-5.0%
1 Week Change
+2.0%
1 Month Change
+12.5%
1 Year Change
+0.8%
Year-to-Date Change
-26.9%
From 52W High of $164.29
+18.0%
From 52W Low of $101.83

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 5, 2025 12:55 PM UTC

MHK Analyst Ratings & Price Targets

Based on our analysis of 25 Wall Street analysts, MHK has a consensus that is neutral. The median price target is $150.00, with forecasts ranging from $130.00 to $185.00. Currently, there are 8 Buy ratings, 9 Hold ratings, and 0 Sell ratings.

With MHK currently trading at $120.12, the median price forecast suggests a 24.9% upside. The most optimistic forecast comes from Laura Champine at Loop Capital, projecting a 54.0% upside, while Sam Reid at Wells Fargo provides the most conservative target, suggesting a 8.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MHK Analyst Consensus

8
Buy
9
Hold
0
Sell

MHK Price Target Range

Low
$130.00
Average
$150.00
High
$185.00
Current: $120.12

Latest MHK Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MHK.

Date Firm Analyst Rating Change Price Target
Feb 4, 2025 Wells Fargo Sam Reid Equal-Weight Maintains $130.00
Jan 16, 2025 Barclays Matthew Bouley Equal-Weight Maintains $130.00
Jan 14, 2025 Goldman Sachs Susan Maklari Buy Maintains $145.00
Jan 10, 2025 JP Morgan Michael Rehaut Overweight Upgrade $161.00
Dec 17, 2024 Wells Fargo Sam Reid Equal-Weight Maintains $135.00
Dec 11, 2024 Barclays Matthew Bouley Equal-Weight Maintains $141.00
Dec 4, 2024 Loop Capital Laura Champine Buy Maintains $180.00
Oct 28, 2024 Barclays Matthew Bouley Equal-Weight Maintains $146.00
Oct 28, 2024 RBC Capital Michael Dahl Sector Perform Maintains $134.00
Oct 28, 2024 Truist Securities Keith Hughes Buy Maintains $155.00
Oct 21, 2024 Baird Timothy Wojs Overweight Upgrade $196.00
Oct 9, 2024 Jefferies Philip Ng Hold Maintains $160.00
Oct 7, 2024 Wells Fargo Deepa Raghavan Equal-Weight Upgrade $160.00
Aug 2, 2024 JP Morgan Michael Rehaut Neutral Maintains $155.00
Jul 29, 2024 Barclays Matthew Bouley Equal-Weight Maintains $161.00
Jul 29, 2024 Truist Securities Keith Hughes Buy Maintains $184.00
Jul 29, 2024 RBC Capital Michael Dahl Sector Perform Maintains $140.00
Jul 29, 2024 Loop Capital Laura Champine Buy Maintains $185.00
Jul 29, 2024 Goldman Sachs Susan Maklari Buy Maintains $185.00
Jul 29, 2024 Wells Fargo Sam Reid Underweight Maintains $140.00

Stocks Similar to Mohawk Industries Inc

The following stocks are similar to Mohawk based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Mohawk Industries Inc (MHK) Financial Data

Mohawk Industries Inc has a market capitalization of $7.58B with a P/E ratio of 13.6x. The company generates $10.81B in trailing twelve-month revenue with a 5.2% profit margin.

Revenue growth is -1.7% quarter-over-quarter, while maintaining an operating margin of +8.5% and return on equity of +7.5%.

Valuation Metrics

Market Cap $7.58B
Enterprise Value $9.69B
P/E Ratio 13.6x
PEG Ratio 10.8x
Price/Sales 0.7x

Growth & Margins

Revenue Growth (YoY) -1.7%
Gross Margin +25.5%
Operating Margin +8.5%
Net Margin +5.2%
EPS Growth -1.7%

Financial Health

Cash/Price Ratio +5.6%
Current Ratio 2.0x
Debt/Equity 33.0x
ROE +7.5%
ROA +4.3%

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Mohawk Industries Inc logo

Mohawk Industries Inc (MHK) Company Overview

About Mohawk Industries Inc

What They Do

Designs and manufactures flooring products globally.

Business Model

The company operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World, generating revenue by selling a diverse range of flooring products, including tiles, carpets, and installation materials. It also earns income through licensing its intellectual property to other flooring manufacturers and distributes its products through various channels, including retailers, wholesalers, and e-commerce.

Additional Information

Mohawk Industries has a strong brand portfolio with numerous well-known names in the flooring industry. The company serves a broad market, including both residential and commercial sectors, and has a significant international presence, making it a competitive player in the global flooring market. Established in 1988, its headquarters is located in Calhoun, Georgia.

Company Information

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances

Employees

43,300

CEO

Mr. Jeffrey S. Lorberbaum

Country

United States

IPO Year

1992

Mohawk Industries Inc (MHK) Latest News & Analysis

MHK stock latest news image
Quick Summary

MHK's Q4 2024 results may show declining sales due to a weak residential market, but restructuring and cost-saving measures could positively impact performance.

Why It Matters

MHK's declining sales may signal challenges in the residential market, impacting revenue. However, restructuring and cost-saving measures could enhance profitability, influencing investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Positive
MHK stock latest news image
Quick Summary

Mohawk Industries (MHK) is expected to report earnings that may exceed forecasts, driven by strong performance indicators ahead of its upcoming report.

Why It Matters

Positive earnings expectations for Mohawk Industries (MHK) can boost investor confidence, potentially leading to stock price appreciation ahead of the report.

Source: Zacks Investment Research
Market Sentiment: Positive
MHK stock latest news image
Quick Summary

Mohawk Industries (MHK) has a strong earnings surprise history and key indicators suggest a potential earnings beat in the next quarterly report.

Why It Matters

Mohawk Industries' strong earnings surprise history and favorable conditions suggest potential for positive future performance, impacting stock valuation and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Positive
MHK stock latest news image
Quick Summary

Zacks Premium offers Style Scores to help investors identify strong stocks, benefiting value, growth, and momentum strategies.

Why It Matters

The Zacks Style Scores enhance stock selection for various investment strategies, potentially improving returns and guiding portfolio decisions effectively.

Source: Zacks Investment Research
Market Sentiment: Positive
MHK stock latest news image
Quick Summary

Mohawk Industries faces declining revenue and profits, with analysts anticipating further drops in Q4 2024. Cost-cutting efforts show some promise, but economic conditions remain challenging. A cautious 'hold' rating is suggested.

Why It Matters

Declining revenue and profits for Mohawk Industries signal potential struggles ahead, affecting stock performance, while cost-cutting may not suffice against unfavorable economic trends.

Source: Seeking Alpha
Market Sentiment: Negative
MHK stock latest news image
Quick Summary

Zacks Style Scores help investors identify top-rated stocks aligned with their investing style, providing a tool for informed stock selection.

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Zacks Style Scores can help investors identify high-potential stocks aligned with their strategies, enhancing decision-making and potentially improving portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About MHK Stock

What is Mohawk Industries Inc's (MHK) stock forecast for 2025?

Based on our analysis of 25 Wall Street analysts, Mohawk Industries Inc (MHK) has a median price target of $150.00. The highest price target is $185.00 and the lowest is $130.00.

Is MHK stock a good investment in 2025?

According to current analyst ratings, MHK has 8 Buy ratings, 9 Hold ratings, and 0 Sell ratings. The stock is currently trading at $120.12. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MHK stock?

Wall Street analysts predict MHK stock could reach $150.00 in the next 12 months. This represents a 24.9% increase from the current price of $120.12. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Mohawk Industries Inc's business model?

The company operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World, generating revenue by selling a diverse range of flooring products, including tiles, carpets, and installation materials. It also earns income through licensing its intellectual property to other flooring manufacturers and distributes its products through various channels, including retailers, wholesalers, and e-commerce.

What is the highest forecasted price for MHK Mohawk Industries Inc?

The highest price target for MHK is $185.00 from Laura Champine at Loop Capital, which represents a 54.0% increase from the current price of $120.12.

What is the lowest forecasted price for MHK Mohawk Industries Inc?

The lowest price target for MHK is $130.00 from Sam Reid at Wells Fargo, which represents a 8.2% increase from the current price of $120.12.

What is the overall MHK consensus from analysts for Mohawk Industries Inc?

The overall analyst consensus for MHK is neutral. Out of 25 Wall Street analysts, 8 rate it as Buy, 9 as Hold, and 0 as Sell, with a median price target of $150.00.

How accurate are MHK stock price projections?

Stock price projections, including those for Mohawk Industries Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.