Zacks Research Has Bullish Outlook for MHK FY2027 Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Research analysts at Zacks Research lifted their FY2027 EPS estimates for shares of Mohawk Industries in a research note issued on Monday, June 22nd. Zacks Research analyst Team now expects that the company will post earnings of $9.70 per share for the year, up from their prior estimate of $9.66. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Mohawk Industries’ current full-year earnings is $8.67 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2027 earnings at $2.25 EPS.

Other analysts have also recently issued research reports about the company. Evercore set a $110.00 target price on Mohawk Industries in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on Mohawk Industries in a report on Tuesday, May 5th. Barclays dropped their price target on Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Robert W. Baird cut their price objective on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, Wells Fargo & Company reduced their price objective on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $123.33.

Mohawk Industries Price Performance

Shares of Mohawk Industries stock opened at $108.72 on Wednesday. The stock’s 50-day simple moving average is $104.86 and its 200-day simple moving average is $110.61. Mohawk Industries has a 52 week low of $92.99 and a 52 week high of $143.13. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 2.73 and a beta of 1.20. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK) last issued its earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.10. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the firm posted $1.52 EPS. Mohawk Industries’s quarterly revenue was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS.

Insider Transactions at Mohawk Industries

In related news, insider Suzanne L. Helen sold 16,600 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the completion of the transaction, the insider directly owned 14,132 shares of the company’s stock, valued at approximately $1,596,492.04. This represents a 54.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $105.53, for a total value of $527,650.00. Following the transaction, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at approximately $2,638,250. The trade was a 16.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 40,186 shares of company stock valued at $4,460,321. Company insiders own 17.90% of the company’s stock.

Institutional Trading of Mohawk Industries

A number of large investors have recently added to or reduced their stakes in MHK. Dimensional Fund Advisors LP raised its holdings in shares of Mohawk Industries by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after acquiring an additional 80,761 shares in the last quarter. State Street Corp grew its holdings in shares of Mohawk Industries by 2.1% in the second quarter. State Street Corp now owns 1,915,831 shares of the company’s stock valued at $200,856,000 after purchasing an additional 39,556 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Mohawk Industries by 15.9% in the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after purchasing an additional 251,012 shares in the last quarter. Pzena Investment Management LLC increased its position in Mohawk Industries by 0.6% in the fourth quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock worth $129,674,000 after purchasing an additional 7,332 shares during the last quarter. Finally, Brandes Investment Partners LP increased its position in Mohawk Industries by 20.4% in the fourth quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock worth $120,513,000 after purchasing an additional 186,649 shares during the last quarter. Institutional investors own 78.98% of the company’s stock.

About Mohawk Industries

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.