Mohawk Industries – Consensus Indicates Potential 34.5% Upside

Broker Ratings
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Mohawk Industries with ticker code (MHK) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 248 and 157 with the average target price sitting at 213.29. With the stocks previous close at 158.61 this is indicating there is a potential upside of 34.5%. The day 50 moving average is 171.76 and the 200 moving average now moves to 188.76. The market cap for the company is $10,736m. Find out more information at: https://www.mohawkind.com

The potential market cap would be $14,437m based on the market concensus.

Mohawk Industries designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering product lines in a range of colors, textures, and patterns, including carpets, carpet tiles, rugs and mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles (LVT), and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, and Quick-Step brands. The Flooring ROW segment provides hardwood flooring and vinyl flooring, as well as laminates, roofing elements, sheet vinyl, LVT, insulation boards, medium-density fiberboards, chipboards, and other woods products under the Balterio, Feltex, Godfrey Hirst, Hycraft, IVC, Leoline, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses its intellectual property to flooring manufacturers. Mohawk Industries was founded in 1988 and is headquartered in Calhoun, Georgia.

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