Zacks Research Expects Lower Earnings for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHK) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for Mohawk Industries in a note issued to investors on Monday, March 3rd. Zacks Research analyst R. Department now expects that the company will post earnings per share of $1.39 for the quarter, down from their previous forecast of $1.41. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q2 2025 earnings at $2.90 EPS, Q4 2025 earnings at $2.14 EPS, FY2025 earnings at $9.47 EPS, Q2 2026 earnings at $3.37 EPS, Q3 2026 earnings at $3.45 EPS, FY2026 earnings at $11.49 EPS and FY2027 earnings at $12.22 EPS.

A number of other brokerages have also recently commented on MHK. JPMorgan Chase & Co. reduced their target price on shares of Mohawk Industries from $161.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Truist Financial reduced their target price on shares of Mohawk Industries from $155.00 to $148.00 and set a “buy” rating for the company in a research report on Monday, February 10th. Wells Fargo & Company reduced 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, February 4th. Raymond James reiterated a “strong-buy” rating and issued a $165.00 target price (down from $185.00) on shares of Mohawk Industries in a research report on Monday, February 10th. Finally, The Goldman Sachs Group reduced their target price 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. Six equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Mohawk Industries currently has a consensus rating of “Moderate Buy” and an average target price of $146.92.

Mohawk Industries Stock Performance

MHK opened at $118.37 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.22. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 1.44 and a beta of 1.41. Mohawk Industries has a 52-week low of $104.88 and a 52-week high of $164.29. The firm’s fifty day simple moving average is $121.02 and its two-hundred day simple moving average is $136.68.

Mohawk Industries (NYSE:MHK) last posted 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 net margin of 4.78% and a return on equity of 8.04%.

Insiders Place Their Bets

In other news, insider Suzanne L. Helen sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were 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 approximately $13,126,033.24. This trade represents a 3.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 17,078 shares of company stock valued at $2,203,387 over the last 90 days. 17.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Mohawk Industries by 7.5% in the third quarter. Hantz Financial Services Inc. now owns 1,654 shares of the company’s stock valued at $266,000 after purchasing an additional 115 shares during the period. Huntington National Bank lifted its stake in Mohawk Industries by 27.4% in the fourth quarter. Huntington National Bank now owns 554 shares of the company’s stock worth $66,000 after acquiring an additional 119 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Mohawk Industries by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 25,659 shares of the company’s stock worth $3,054,000 after acquiring an additional 120 shares during the last quarter. Contravisory Investment Management Inc. lifted its stake in Mohawk Industries by 2.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 5,711 shares of the company’s stock worth $680,000 after acquiring an additional 121 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Mohawk Industries by 1.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,874 shares of the company’s stock worth $819,000 after acquiring an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 78.98% 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.