Currently, Mohawk Industries, Inc [MHK] is trading at $118.17, up 0.99%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MHK shares have gain 1.47% over the last week, with a monthly amount drifted -1.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Mohawk Industries, Inc [NYSE: MHK] stock has seen the most recent analyst activity on January 10, 2025, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $161 for it. Previously, Wolfe Research upgraded its rating to Outperform on January 08, 2025, and kept the price target unchanged to $150. On October 21, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $196 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $160 on October 07, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $177 on July 26, 2024. Raymond James upgraded its rating to Strong Buy for this stock on June 10, 2024, but kept the price target unchanged to $140. In a note dated February 12, 2024, Deutsche Bank upgraded an Buy rating on this stock and boosted its target price from $98 to $152.
This stock has fluctuated between a low of $104.88 and a high of $164.29 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $170 within the next 12 months. Mohawk Industries, Inc [NYSE: MHK] shares were valued at $118.17 at the most recent close of the market. An investor can expect a potential return of 43.86% based on the average MHK price forecast.
Analyzing the MHK fundamentals
Trailing Twelve Months sales for Mohawk Industries, Inc [NYSE:MHK] were 10.84B which represents 0.95% growth. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 116.37 points at the first support level, and at 114.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.49, and for the 2nd resistance point, it is at 120.80.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mohawk Industries, Inc [NYSE:MHK] is 2.06. Further, the Quick Ratio stands at 1.12, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 14.53.
Transactions by insiders
Recent insider trading involved HELEN SUZANNE L, Possible Member of Group, that happened on Dec 13 ’24 when 4000.0 shares were sold. Possible Member of Group, HELEN SUZANNE L completed a deal on Dec 16 ’24 to sell 4000.0 shares. Meanwhile, Affiliate HELEN SUZANNE L bought 4000.0 shares on Dec 16 ’24.
