Mohawk Industries, Inc (NYSE: MHK) is -13.52% lower on its value in year-to-date trading and has touched a low of $96.24 and a high of $164.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MHK stock was last observed hovering at around $108.95 in the last trading session, with the day’s loss setting it -5.93%.
Currently trading at $103.02, the stock is -7.89% and -10.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -5.44% at the moment leaves the stock -22.55% off its SMA200. MHK registered -17.68% loss for a year compared to 6-month loss of -33.77%. The firm has a 50-day simple moving average (SMA 50) of $115.4982 and a 200-day simple moving average (SMA200) of $133.0202.
The stock witnessed a -9.16% gain in the last 1 month and extending the period to 3 months gives it a -12.90%, and is -4.47% down 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 9.02% over the week and 4.43% over the month.
Mohawk Industries, Inc (MHK) has around 41900 employees, a market worth around $6.44B and $10.84B in sales. Current P/E ratio is 12.67 and Fwd P/E is 9.03. Profit margin for the company is 4.78%. Distance from 52-week low is 7.04% and -37.29% from its 52-week high. The company has generated returns on investments over the last 12 months (5.44%).
with sales reaching $2.56B over the same period.The EPS is expected to shrink by -1.52% this year, but quarterly earnings will post -0.70% year-over-year. Quarterly sales are estimated to shrink -4.41% in year-over-year returns.
689.0 institutions hold shares in Mohawk Industries, Inc (MHK), with institutional investors hold 99.09% of the company’s shares. The shares outstanding are 62.60M, and float is at 50.84M with Short Float at 2.90%. Institutions hold 81.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.25 million shares valued at $709.57 million. The investor’s holdings represent 9.8065 of the MHK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.26 million shares valued at $370.79 million to account for 5.1325 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.04 million shares representing 4.7669 and valued at over $344.9 million, while JPMORGAN CHASE & CO holds 4.639 of the shares totaling 2.95 million with a market value of $335.14 million.
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 10,500 shares of the company’s common stock on Mar 14 ’25 at a price of $113.44 per share for a total of $1.19 million. Following the sale, the insider now owns 93584.0 shares.
Still, SEC filings show that on Mar 14 ’25, HELEN SUZANNE L (affiliate) Proposed Sale 5,000 shares at an average price of $113.47 for $0.57 million. The insider now directly holds shares of Mohawk Industries, Inc (MHK).
