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 earnings per share guidance of 1.340-1.440 for the period, compared to the consensus earnings per share estimate of 1.670. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Loop Capital decreased their target price on shares of Mohawk Industries from $185.00 to $180.00 and set a “buy” rating for the company in a research report on Wednesday, December 4th. Robert W. Baird raised shares of Mohawk Industries from a “neutral” rating to an “overweight” rating and upped their price target for the company from $160.00 to $196.00 in a report on Monday, October 21st. Royal Bank of Canada lowered their price target on shares of Mohawk Industries from $140.00 to $134.00 and set a “sector perform” rating on the stock in a report on Monday, October 28th. Wells Fargo & Company reduced their target price on Mohawk Industries from $135.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Barclays cut their price objective on Mohawk Industries from $141.00 to $130.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $154.62.

Mohawk Industries Stock Performance

NYSE:MHK opened at $121.81 on Friday. Mohawk Industries has a 1-year low of $101.83 and a 1-year high of $164.29. The firm has a 50-day moving average of $124.67 and a two-hundred day moving average of $140.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.03 and a quick ratio of 1.09. The stock has a market cap of $7.69 billion, a P/E ratio of 13.79, a PEG ratio of 1.60 and a beta of 1.41.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.10. Mohawk Industries had a net margin of 5.22% and a return on equity of 8.05%. On average, research analysts expect that Mohawk Industries will post 9.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Suzanne L. Helen sold 2,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $135.48, for a total value of $270,960.00. Following the completion of the transaction, the insider now directly owns 2,453 shares of the company’s stock, valued at $332,332.44. This represents a 44.91 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 19,078 shares of company stock valued at $2,474,347 over the last three months. Company insiders own 17.10% of the company’s stock.

Mohawk Industries Company Profile

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.