Zacks Research Expects Lower Earnings for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHK - Free Report) - Investment analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of Mohawk Industries in a research report issued on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the company will post earnings of $3.17 per share for the quarter, down from their prior forecast of $3.18. The consensus estimate for Mohawk Industries' current full-year earnings is $10.00 per share. Zacks Research also issued estimates for Mohawk Industries' Q3 2026 earnings at $3.82 EPS.

Mohawk Industries (NYSE:MHK - Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The company reported $3.00 EPS for the quarter, beating analysts' consensus estimates of $2.75 by $0.25. The company had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.84 billion. Mohawk Industries had a negative net margin of 3.30% and a positive return on equity of 8.07%. The firm's revenue was down 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.76 EPS.

Several other research firms have also recently issued reports on MHK. Loop Capital boosted their target price on Mohawk Industries from $145.00 to $185.00 and gave the company a "buy" rating in a research note on Monday, July 29th. Baird R W raised shares of Mohawk Industries from a "hold" rating to a "strong-buy" rating in a research report on Monday. Jefferies Financial Group raised their target price on shares of Mohawk Industries from $150.00 to $160.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. boosted their price target on shares of Mohawk Industries from $124.00 to $155.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Finally, Wells Fargo & Company upgraded shares of Mohawk Industries from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $140.00 to $160.00 in a report on Monday, October 7th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Mohawk Industries has a consensus rating of "Moderate Buy" and an average target price of $166.25.

Mohawk Industries Trading Down 0.8 %

NYSE:MHK traded down $1.23 during mid-day trading on Wednesday, reaching $151.70. 638,360 shares of the company's stock traded hands, compared to its average volume of 695,990. The company has a 50 day moving average price of $154.76 and a 200-day moving average price of $133.48. The firm has a market capitalization of $9.69 billion, a price-to-earnings ratio of -23.20, a PEG ratio of 1.23 and a beta of 1.37. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.92 and a quick ratio of 1.04. Mohawk Industries has a 12-month low of $76.02 and a 12-month high of $164.29.

Hedge Funds Weigh In On Mohawk Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quest Partners LLC lifted its holdings in shares of Mohawk Industries by 40.0% during the 2nd quarter. Quest Partners LLC now owns 294 shares of the company's stock valued at $33,000 after buying an additional 84 shares during the period. Blue Trust Inc. boosted its position in Mohawk Industries by 85.6% in the third quarter. Blue Trust Inc. now owns 362 shares of the company's stock worth $58,000 after purchasing an additional 167 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Mohawk Industries during the 2nd quarter valued at about $50,000. Quent Capital LLC increased its position in shares of Mohawk Industries by 27.2% during the 1st quarter. Quent Capital LLC now owns 496 shares of the company's stock valued at $65,000 after purchasing an additional 106 shares during the last quarter. Finally, AM Squared Ltd bought a new position in shares of Mohawk Industries in the 2nd quarter worth approximately $68,000. Institutional investors own 78.98% of the company's stock.

Insider Buying and Selling at Mohawk Industries

In related news, insider Suzanne L. Helen sold 700 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $146.97, for a total transaction of $102,879.00. Following the sale, the insider now directly owns 121,669 shares of the company's stock, valued at approximately $17,881,692.93. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Suzanne L. Helen sold 700 shares of the business's stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $146.97, for a total value of $102,879.00. Following the completion of the transaction, the insider now directly owns 121,669 shares in the company, valued at $17,881,692.93. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Suzanne L. Helen sold 660 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $151.46, for a total value of $99,963.60. Following the sale, the insider now owns 118,709 shares in the company, valued at approximately $17,979,665.14. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,415 shares of company stock worth $673,387. 17.10% of the stock is owned by insiders.

Mohawk Industries Company Profile

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.