Zacks Research Issues Negative Estimate for MHK Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Zacks Research cut their Q2 2025 EPS estimates for shares of Mohawk Industries in a report released on Thursday, May 22nd. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $2.60 for the quarter, down from their previous forecast of $2.90. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q3 2025 earnings at $2.77 EPS, Q4 2025 earnings at $2.20 EPS, Q1 2026 earnings at $1.93 EPS, Q2 2026 earnings at $3.06 EPS, Q3 2026 earnings at $3.29 EPS and Q4 2026 earnings at $2.37 EPS.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, May 1st. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.11. Mohawk Industries had a net margin of 4.78% and a return on equity of 8.04%. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period last year, the firm posted $1.86 EPS. The firm’s quarterly revenue was down 5.7% on a year-over-year basis.

MHK has been the subject of a number of other reports. Royal Bank of Canada dropped their target price on shares of Mohawk Industries from $130.00 to $119.00 and set a “sector perform” rating for the company in a research note on Monday, May 5th. Truist Financial dropped 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 note on Monday, February 10th. Loop Capital dropped their target price on shares of Mohawk Industries from $180.00 to $155.00 and set a “buy” rating for the company in a research note on Monday, February 10th. Evercore ISI dropped their target price on shares of Mohawk Industries from $150.00 to $140.00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Mohawk Industries in a research note on Tuesday, April 1st. They issued a “hold” rating and a $121.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $140.00.

Mohawk Industries Trading Down 1.2%

Shares of MHK stock opened at $101.12 on Monday. Mohawk Industries has a 12-month low of $96.24 and a 12-month high of $164.29. The company has a market capitalization of $6.32 billion, a P/E ratio of 12.44, a P/E/G ratio of 1.44 and a beta of 1.24. The firm has a 50-day moving average price of $107.16 and a 200 day moving average price of $118.67. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.22.

Insider Transactions at Mohawk Industries

In related news, insider Suzanne L. Helen sold 10,500 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $113.44, for a total transaction of $1,191,120.00. Following the completion of the transaction, the insider now owns 93,584 shares in the company, valued at approximately $10,616,168.96. The trade was a 10.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 17.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MHK. Alyeska Investment Group L.P. grew its holdings in Mohawk Industries by 436.4% during the first quarter. Alyeska Investment Group L.P. now owns 756,030 shares of the company’s stock valued at $86,324,000 after purchasing an additional 615,095 shares during the period. Sound Shore Management Inc. CT acquired a new position in Mohawk Industries during the first quarter valued at approximately $61,159,000. Norges Bank acquired a new position in Mohawk Industries during the fourth quarter valued at approximately $61,171,000. JPMorgan Chase & Co. boosted its holdings in shares of Mohawk Industries by 12.8% in the first quarter. JPMorgan Chase & Co. now owns 3,626,004 shares of the company’s stock valued at $414,017,000 after buying an additional 410,388 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Mohawk Industries by 66.2% in the fourth quarter. Millennium Management LLC now owns 898,322 shares of the company’s stock valued at $107,017,000 after buying an additional 357,687 shares during the period. Institutional investors and hedge funds own 78.98% 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.