Mohawk Industries, Inc. (NYSE: MHK) is 26.74% higher on its value in year-to-date trading and has touched a low of $76.02 and a high of $133.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MHK stock was last observed hovering at around $131.97 in the last trading session, with the day’s loss setting it -0.79%.
Currently trading at $131.18, the stock is 14.28% and 12.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.60% at the moment leaves the stock 23.79% off its SMA200. MHK registered 16.68% gain for a year compared to 6-month gain of 31.50%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 16.66% loss in the last 1 month and extending the period to 3 months gives it a 21.16%, and is 8.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.27% over the week and 2.89% over the month.
Mohawk Industries, Inc. (MHK) has around 43300 employees, a market worth around $8.38B and $11.01B in sales. Fwd P/E is 11.81. Profit margin for the company is -3.77%. Distance from 52-week low is 72.56% and -1.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.29%).
The EPS is expected to grow by 3.41% this year
The shares outstanding are 63.69M, and float is at 52.75M with Short Float at 4.08%.
Mohawk Industries, Inc. (MHK) Insider Activity
The most recent transaction is an insider sale by HELEN SUZANNE L, the company’s Possible Member of Group. SEC filings show that HELEN SUZANNE L sold 1,800 shares of the company’s common stock on Jun 14 ’24 at a price of $111.74 per share for a total of $0.2 million. Following the sale, the insider now owns 0.12 million shares.
Mohawk Industries, Inc. disclosed in a document filed with the SEC on May 15 ’24 that Patton Rodney David (VP BUSINESS STRATEGY) sold a total of 2,267 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $125.33 per share for $0.28 million. Following the transaction, the insider now directly holds 13054.0 shares of the MHK stock.
Still, SEC filings show that on Mar 12 ’24, Patton Rodney David (VP BUSINESS STRATEGY) disposed off 1,551 shares at an average price of $119.51 for $0.19 million. The insider now directly holds 15,321 shares of Mohawk Industries, Inc. (MHK).