Mohawk Industries, Inc. (MHK) Stock Forecast & Predictions

Mohawk Industries, Inc. MHK: $154.04

160 S Industrial Blvd, Calhoun, Georgia, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.mohawkind.com

  • Market Cap$10.43B
  • Change (52 Weeks)6.72%
  • Low (52 Weeks)$141.64
  • Mohawk Industries, Inc. (MHK) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Mohawk Industries, Inc. (MHK) is based on 21 Institutional Analyst Ratings where 28.57% are on Strong Buy, 14.29% on Moderate Buy, 47.62% remains on Hold, 0.00% are on Moderate Sell and 9.52% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended MHK stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Mohawk Industries, Inc..

    Mohawk Industries, Inc. (MHK) Stock Price Prediction By Analysts


    HighLowAverage
    $260.40$158.57$217.55
    $217.5541.23% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for MHK set by the institutional analysts is $217.55 where High Estimate is $260.40, Median $224.4 and Low $158.57.

    The average price target for MHK by Institutional Analysts is $217.55, which is 41.23% Upside from the current price. So according to the Institutional Analysts, MHK Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Mohawk Industries, Inc. (MHK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    UBSNeutralInitiated
    Evercore ISI GroupIn-LineDowngraded
    BarclaysEqual-WeightDowngraded
    RBC CapitalUnderperformMaintained
    Raymond JamesStrong BuyMaintained
    BarclaysOverweightMaintained
    Loop CapitalHoldMaintained
    RBC CapitalUnderperformMaintained
    Raymond JamesStrong BuyMaintained
    Wells FargoEqual-WeightInitiated
    Raymond JamesStrong BuyMaintained
    BarclaysOverweightMaintained
    Loop CapitalHoldMaintained
    Raymond JamesStrong BuyMaintained
    Wolfe ResearchPeer PerformInitiated
    Credit SuisseNeutralUpgraded
    Truist SecuritiesBuyMaintained
    Raymond JamesStrong BuyMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    Raymond JamesStrong BuyMaintained
    Deutsche bankHoldUpgraded
    UBSNeutralInitiated
    JP MorganOverweightUpgraded
    Raymond JamesStrong BuyUpgraded
    Credit SuisseUnderperformMaintained
    BairdNeutralMaintained
    Raymond JamesOutperformMaintained
    Northcoast ResearchBuyUpgraded
    Truist SecuritiesBuyMaintained
    Deutsche BankSellDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    Credit SuisseUnderperformInitiated
    Nomura InstinetBuyMaintained
    RBC CapitalUnderperformDowngraded
    Raymond JamesOutperformMaintained
    NomuraBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    BairdNeutralDowngraded
    RBC CapitalSector PerformUpgraded
    NomuraBuyMaintained
    JefferiesHoldDowngraded
    Evercore ISI GroupOutperformUpgraded
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Raymond JamesOutperformMaintained
    Wells FargoUnderweightMaintained
    Deutsche BankHoldMaintained
    CFRAHoldMaintained
    JP MorganNeutralUpgraded
    Goldman SachsBuyInitiated
    Deutsche BankHoldInitiated
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Wells FargoUnderperformDowngraded
    Wells FargoMarket PerformUpgraded
    Buckingham ResearchNeutralUpgraded
    Wells FargoUnderperformDowngraded
    Stifel NicolausBuyMaintained
    NomuraBuyMaintained
    Stifel NicolausBuyUpgraded
    JefferiesBuyUpgraded
    Longbow ResearchNeutralDowngraded
    Wells FargoMarket PerformMaintained
    BuckinghamUnderperformInitiated
    RBC CapitalUnderperformDowngraded
    Wells FargoMarket PerformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesOutperformMaintained
    Credit SuisseNeutralDowngraded
    BarclaysOverweightMaintained
    Bank of AmericaUnderperformDowngraded
    NomuraBuyMaintained
    RBC CapitalSector PerformDowngraded
    Raymond JamesOutperformMaintained
    JP MorganUnderweightDowngraded
    JefferiesBuyMaintained
    Stifel NicolausBuyMaintained
    Raymond JamesOutperformDowngraded
    Credit SuisseOutperformMaintained
    JP MorganNeutralMaintained
    JP MorganNeutralMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformMaintained
    Loop CapitalHoldInitiated
    Longbow ResearchBuyUpgraded
    BairdOutperformMaintained
    JefferiesBuyInitiated
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    NomuraBuyMaintained
    Northcoast ResearchBuyInitiated
    NomuraBuyMaintained
    Credit SuisseOutperformInitiated
    NomuraBuyInitiated
    BarclaysOverweightInitiated
    Evercore ISI GroupBuyInitiated
    Bank of AmericaBuyUpgraded
    Wells FargoMarket PerformInitiated
    Bank of AmericaNeutralInitiated
    UBSBuyMaintained
    TopekaHoldInitiated
    MKM PartnersBuyInitiated
    BarclaysOverweightMaintained
    JP MorganNeutralDowngraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Cantor FitzgeraldHoldMaintained
    BarclaysOverweightMaintained
    BairdOutperformInitiated
    BarclaysOutperformMaintained
    Goldman SachsBuyInitiated
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Cantor FitzgeraldHoldInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyMaintained
    JP MorganOverweightMaintained
    Evercore ISI GroupHoldDowngraded
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Raymond JamesStrong BuyUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformUpgraded
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    Raymond JamesMarket PerformDowngraded
    JP MorganOverweightUpgraded
    BarclaysOverweightMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformUpgraded
    JP MorganNeutralMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseNeutralMaintained
    UBSBuyMaintained
    Raymond JamesOutperformUpgraded
    RBC CapitalOutperformUpgraded
    Credit SuisseNeutralMaintained
    MacquarieOutperformUpgraded
    Stifel NicolausBuyMaintained
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    Stifel NicolausBuyUpgraded

    Mohawk Industries, Inc. (MHK) Stock Earning Per Share (EPS) Forecast / Estimate


    $3.287
    The average consensus EPS for MHK is $3.287 with a high estimate of $4.116 and Low of $2.313 for the period 2022-03-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $3.95$3.84552021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.90482021-12-31
    $3.95$3.84552021-09-30
    $4.45$3.7122021-06-30
    $3.49$2.83872021-03-31
    $3.54$2.89592020-12-31
    $3.26$2.16282020-09-30
    $0.37$-0.09252020-06-30
    $1.66$1.67512020-03-31
    $2.25$2.22522019-12-31
    $2.75$2.66172019-09-30
    $2.89$2.89912019-06-30
    $2.13$2.09792019-03-31
    $2.53$2.51972018-12-31
    $3.29$3.61272018-09-30
    $3.51$3.93592018-06-30
    $3.01$3.02772018-03-31
    $3.42$3.35462017-12-31
    $3.75$3.77532017-09-30
    $3.72$3.63972017-06-30
    $2.72$2.74422017-03-31
    $3.26$3.25382016-12-31
    $3.5$3.49352016-09-30
    $3.47$3.40462016-06-30
    $2.38$2.34412016-03-31
    $2.82$2.7572015-12-31
    $2.98$3.01852015-09-30
    $2.69$2.64832015-06-30
    $1.7$1.61962015-03-31
    $2.27$2.22972014-12-31
    $2.44$2.4422014-09-30
    $2.21$2.22132014-06-30
    $1.23$1.18242014-03-31
    $1.79$1.7622013-12-31
    $2.02$1.91982013-09-30
    $1.84$1.6752013-06-30
    $0.87$0.84782013-03-31
    $1.01$0.95412012-12-31
    $1.04$1.03042012-09-30
    $1.14$1.13672012-06-30
    $0.58$0.55592012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).