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

Mohawk Industries (NYSE:MHK) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.340-1.440 for the period, compared to the consensus EPS estimate of 1.670. The company issued revenue guidance of -.

Mohawk Industries Price Performance

Shares of NYSE:MHK traded up $0.97 during midday trading on Thursday, reaching $121.81. 1,119,295 shares of the company’s stock were exchanged, compared to its average volume of 777,547. Mohawk Industries has a 12 month low of $101.83 and a 12 month high of $164.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.09 and a current ratio of 2.03. The firm has a market capitalization of $7.69 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The company’s 50 day simple moving average is $125.02 and its two-hundred day simple moving average is $140.65.

Mohawk Industries (NYSE:MHK) last posted its earnings results 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%. Equities research analysts expect that Mohawk Industries will post 9.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MHK has been the subject of a number of recent research reports. Loop Capital dropped their target price on Mohawk Industries from $185.00 to $180.00 and set a “buy” rating for the company in a research report on Wednesday, December 4th. Royal Bank of Canada cut their target price on shares of Mohawk Industries from $140.00 to $134.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. The Goldman Sachs Group lowered their price target on shares of Mohawk Industries from $170.00 to $145.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. raised shares of Mohawk Industries from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $151.00 to $161.00 in a research note on Friday, January 10th. Finally, Wells Fargo & Company dropped their target price on shares of Mohawk Industries from $135.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.62.

Insider Transactions at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 4,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $126.11, for a total value of $504,440.00. Following the completion of the transaction, the insider now owns 104,084 shares of the company’s stock, valued at $13,126,033.24. This represents a 3.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 19,078 shares of company stock valued at $2,474,347. Corporate 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.