Mohawk Industries (NYSE:MHK) Issues Q1 2025 Earnings Guidance

Mohawk Industries (NYSE:MHK) issued an update on its first quarter 2025 earnings guidance on Thursday morning. 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 -.

Mohawk Industries Stock Down 1.2 %

Shares of MHK stock opened at $120.46 on Friday. Mohawk Industries has a 52-week low of $101.83 and a 52-week high of $164.29. The stock has a market cap of $7.60 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 1.60 and a beta of 1.41. The firm’s 50-day moving average is $124.67 and its 200-day moving average is $140.52. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.09 and a current ratio of 2.03.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.10. Mohawk Industries had a return on equity of 8.00% and a net margin of 4.78%. Sell-side analysts predict that Mohawk Industries will post 10.71 EPS for the current year.

Analyst Ratings Changes

MHK has been the subject of a number of research analyst reports. Wolfe Research raised shares of Mohawk Industries from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Wednesday, January 8th. Truist Financial reduced their target price on shares of Mohawk Industries from $184.00 to $155.00 and set a “buy” rating for the company in a report on Monday, October 28th. Loop Capital lowered their price target on shares of Mohawk Industries from $185.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, December 4th. Robert W. Baird upgraded Mohawk Industries from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $160.00 to $196.00 in a report on Monday, October 21st. Finally, Barclays lowered their target price on Mohawk Industries from $141.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Mohawk Industries has an average rating of “Moderate Buy” and an average target price of $154.62.

Insider Buying and Selling

In other Mohawk Industries news, insider Suzanne L. Helen sold 2,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $135.48, for a total transaction of $270,960.00. Following the sale, the insider now directly owns 2,453 shares in the company, valued at $332,332.44. This represents a 44.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 19,078 shares of company stock worth $2,474,347. Company insiders own 17.10% of the company’s stock.

About Mohawk Industries

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.