Mohawk Industries: Remain Confident That Earnings Growth Can Inflect In FY25 [Seeking Alpha]
Mohawk Industries, Inc. (MHK)
Last mohawk industries, inc. earnings: 2/13 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
mohawkind.com/corporateiroverview.aspx
Company Research
Source: Seeking Alpha
9min Summary I maintain a buy rating for Mohawk Industries (MHK) due to expected earnings growth in FY25 as mortgage rates decline and consumer confidence improves. Despite a 1.7% revenue decline in 3Q24, solid cost control led to a 3.7% y/y adj EBITDA growth and improved adj EPS. Market concerns over weak 4Q24 guidance and near-term margin headwinds are transitory; demand recovery and cost optimizations should drive strong earnings growth in FY25. The Good Brigade Summary Following my coverage on Mohawk Industries ( NYSE: MHK ) in Aug'24, for which I recommended a buy rating due to my expectation that the growth outlook remains positive as I expected rates to get cut, this post This article was written by Jay Capital 1.16K Follower s Follow I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability
Show less
Read more
Impact Snapshot
Event Time:
MHK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MHK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MHK alerts
High impacting Mohawk Industries, Inc. news events
Weekly update
A roundup of the hottest topics
MHK
News
- When Should You Buy Mohawk Industries, Inc. (NYSE:MHK)? [Yahoo! Finance]Yahoo! Finance
- Mohawk Industries, Inc. (NYSE: MHK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Mohawk Industries, Inc. (NYSE: MHK) had its price target lowered by analysts at Wells Fargo & Company from $140.00 to $135.00. They now have an "equal weight" rating on the stock.MarketBeat
- Mohawk Industries, Inc. (NYSE: MHK) had its price target lowered by analysts at Barclays PLC from $146.00 to $141.00. They now have an "equal weight" rating on the stock.MarketBeat
- Mohawk Industries, Inc. (NYSE: MHK) had its price target lowered by analysts at Loop Capital from $185.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
MHK
Earnings
- 10/24/24 - Beat
MHK
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- MHK's page on the SEC website