Mohawk Industries, Inc. with ticker code (MHK) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 136 and 87 calculating the mean target price we have $117.23. Given that the stocks previous close was at $95.47 this is indicating there is a potential upside of 22.8%. Also worth taking note is the 50 day moving average now sits at $100.05 and the 200 day MA is $106.34. The company has a market cap of $6,041m. You can visit the company’s website by visiting: https://www.mohawkind.com
The potential market cap would be $7,417m based on the market consensus.
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, 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, natural stone, porcelain slab, quartz countertop, and other products, as well as installation materials under the American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering products in various colors, textures, and patterns, including broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminate, medium-density fiberboards, wood flooring, luxury vinyl tiles (LVT), and sheet vinyl products through floor covering retailers, distributors, home centers, mass merchants, department stores, e-commerce retailers, shop at home, buying groups, builders, commercial contractors, and commercial end users. 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 laminate, LVT and sheet vinyl, wood flooring, broadloom carpet, and carpet tile collections; and roofing panels, insulation boards, mezzanine flooring products, and chipboards under the Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Leoline, Moduleo, Pergo, Quick-Step, and Unilin brands. This segment also licenses its intellectual property to flooring manufacturers. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 249.63, revenue per share of 183.89 and a 4.76% return on assets.
