Mohawk Industries, Inc. (NYSE: MHK) started the day on Thursday, with a price increase of 2.23% at $118.61, before settling in for the price of $116.02 at the close. Taking a more long-term approach, MHK posted a 52-week range of $76.02-$131.19.
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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 2.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.26%. This publicly-traded company’s shares outstanding now amounts to $63.69 million, simultaneously with a float of $52.72 million. The organization now has a market capitalization sitting at $7.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $118.75, while the 200-day Moving Average is $102.63.
Mohawk Industries, Inc. (MHK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Furnishings, Fixtures & Appliances Industry. Mohawk Industries, Inc.’s current insider ownership accounts for 17.45%, in contrast to 80.36% institutional ownership. According to the most recent insider trade that took place on May 15 ’24, this organization’s VP BUSINESS STRATEGY sold 2,267 shares at the rate of 125.33, making the entire transaction reach 284,129 in total value, affecting insider ownership by 13,054. Preceding that transaction, on Mar 12 ’24, Company’s VP BUSINESS STRATEGY sold 1,551 for 119.51, making the whole transaction’s value amount to 185,352. This particular insider is now the holder of 15,321 in total.
Mohawk Industries, Inc. (MHK) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/31/2024, the organization reported 2.76 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at 2.65) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.74 per share during the current fiscal year.
Mohawk Industries, Inc.’s EPS increase for this current 12-month fiscal period is 4.26% and is forecasted to reach 11.20 in the upcoming year.
Mohawk Industries, Inc. (NYSE: MHK) Trading Performance Indicators
Let’s observe the current performance indicators for Mohawk Industries, Inc. (MHK). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 2.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.69. Similarly, its price to free cash flow for trailing twelve months is now 11.16.
In the same vein, MHK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.54, a figure that is expected to reach 2.74 in the next quarter, and analysts are predicting that it will be 11.20 at the market close of one year from today.
Technical Analysis of Mohawk Industries, Inc. (MHK)
If we take a close look at the recent performances of Mohawk Industries, Inc. (NYSE: MHK), its last 5-days Average volume was 0.51 million that shows plunge from its year to date volume of 0.68 million. During the previous 9 days, stock’s Stochastic %D was recorded 31.54% While, its Average True Range was 2.42.
Raw Stochastic average of Mohawk Industries, Inc. (MHK) in the period of the previous 100 days is set at 63.96%, which indicates a major rise in contrast to 35.51% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.13% that was lower than 29.07% volatility it exhibited in the past 100-days period.
