Mohawk Industries, Inc (NYSE: MHK) is -8.89% 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 $116.65 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $116.0, the stock is 5.06% and 9.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -0.56% at the moment leaves the stock -3.26% off its SMA200. MHK registered -2.63% loss for a year compared to 6-month loss of -11.19%. The firm has a 50-day simple moving average (SMA 50) of $106.0438 and a 200-day simple moving average (SMA200) of $119.91.
The stock witnessed a 11.64% gain in the last 1 month and extending the period to 3 months gives it a 9.89%, and is 4.27% 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 2.78% over the week and 2.90% over the month.
Mohawk Industries, Inc (MHK) has around 41900 employees, a market worth around $7.25B and $10.68B in sales. Current P/E ratio is 15.17 and Fwd P/E is 10.83. Profit margin for the company is 4.54%. Distance from 52-week low is 20.53% and -29.39% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
The EPS is expected to shrink by -6.05% this year
672.0 institutions hold shares in Mohawk Industries, Inc (MHK), with institutional investors hold 101.16% of the company’s shares. The shares outstanding are 62.50M, and float is at 50.87M with Short Float at 3.84%. Institutions hold 83.51% 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 9.8219 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 4.7744 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.
