Zacks Research Issues Pessimistic Outlook for MHK Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Research analysts at Zacks Research decreased their Q4 2027 EPS estimates for Mohawk Industries in a research note issued on Thursday, March 5th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $2.50 for the quarter, down from their previous 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.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings data on Thursday, February 12th. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The business had revenue of $2.70 billion for 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%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the business earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS.

Several other equities research analysts have also issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mohawk Industries in a report on Wednesday, January 28th. Wells Fargo & Company raised their target price on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a report on Wednesday, February 11th. Truist Financial increased their target price on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Barclays set a $121.00 price target on shares of Mohawk Industries in a report on Monday, December 8th. Finally, Evercore set a $143.00 target price on Mohawk Industries in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $137.64.

Mohawk Industries Stock Performance

Shares of MHK stock opened at $108.05 on Monday. The stock’s fifty day simple moving average is $121.42 and its 200-day simple moving average is $120.53. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 18.25, a P/E/G ratio of 1.72 and a beta of 1.19. Mohawk Industries has a 1-year low of $96.24 and a 1-year high of $143.13.

Insider Buying and Selling

In other Mohawk Industries news, insider Suzanne L. Helen sold 300 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $123.89, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 9,500 shares of company stock worth $1,051,457. Company insiders own 17.40% of the company’s stock.

Hedge Funds Weigh In On Mohawk Industries

Several institutional investors and hedge funds have recently modified their holdings of MHK. Dimensional Fund Advisors LP raised its holdings in Mohawk Industries by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,138,557 shares of the company’s stock worth $343,045,000 after buying an additional 53,545 shares during the period. Invesco Ltd. boosted 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 valued at $205,192,000 after buying an additional 135,246 shares during the period. State Street Corp increased its position in shares of Mohawk Industries by 2.1% during the second 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 in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Mohawk Industries by 0.5% during the third 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 period. Finally, AQR Capital Management LLC raised its holdings in shares of Mohawk Industries by 15.9% during the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock worth $199,948,000 after acquiring an additional 251,012 shares during the period. 78.98% of the stock is currently owned by institutional investors and hedge funds.

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.