Why Mohawk Industries (MHK) Stock Is Down Today [Yahoo! Finance]
Mohawk Industries, Inc. (MHK)
Last mohawk industries, inc. earnings: 2/13 04:10 pm
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US:NYSE Investor Relations:
mohawkind.com/corporateiroverview.aspx
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Source: Yahoo! Finance
While the quarter's results were largely in line, guidance was well below, with management citing factors such as consumer confidence, inflation, and the recent hurricanes in the US. Overall, this was a softer quarter. MHK wasn't the only housing-related company to report underwhelming results. CSL, which is also exposed to residential construction and demand for homes, also put up weak results that sent the stock down The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Mohawk Industries? Access our full analysis report here, it's free Mohawk Industries's shares are somewhat volatile and have had 12 moves greater than 5% over the last year. But moves this big are rare even for Mohawk Industries and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock gained 19% on the news that the
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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