In Thursday’s Wall Street session, Mohawk Industries, Inc (NYSE:MHK) shares traded at $102.69, up 1.75% from the previous session.
MHK stock price is now -9.64% away from the 50-day moving average and -22.72% away from the 200-day moving average. The market capitalization of the company currently stands at $6.42B.
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With the price target of $121, Deutsche Bank recently initiated with Hold rating for Mohawk Industries, Inc (NYSE: MHK). On January 10, 2025, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $161, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, HELEN SUZANNE L, Possible Member of Group sold 10,500 shares of the company’s stock on Mar 14 ’25. The stock was sold for $1,191,162 at an average price of $113.44. Upon completion of the transaction, the Possible Member of Group now directly owns 93,584 shares in the company, valued at $9.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, AFFILIATE HELEN SUZANNE L bought 5,500 shares of the business’s stock. A total of $623,944 was incurred on buying the stock at an average price of $113.44. A total of 18.68% of the company’s stock is owned by insiders.
During the past 12 months, Mohawk Industries, Inc has had a low of $96.24 and a high of $164.29. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 2.06, and a quick ratio of 1.12. According to the stock market information, the enterprise value for the company is $8394282496, which is based on a 12.63 price-to-earnings ratio, a 1.36 price-to-earnings-growth ratio, and a beta of 1.26. The fifty day moving average price for MHK is $113.641 and a two-hundred day moving average price translates $132.87645 for the stock.
The latest earnings results from Mohawk Industries, Inc (NYSE: MHK) was released for 2024-12-31. The net profit margin was 4.78% and return on equity was 6.82% for MHK. The company reported revenue of $2.64 billion for the quarter, compared to $2.61 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.95 percent. For the current quarter, analysts expect MHK to generate $2.56B in revenue.
