A new trading day began on Tuesday, with Mohawk Industries, Inc (NYSE: MHK) stock price up 2.70% from the previous day of trading, before settling in for the closing price of $136.75. MHK’s price has ranged from $78.30 to $164.29 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.52%. Meanwhile, its annual earnings per share averaged 4.80%. With a float of $51.97 million, this company’s outstanding shares have now reached $63.69 million.
Let’s determine the extent of company efficiency that accounts for 43300 employees. In terms of profitability, gross margin is 25.47%, operating margin of 7.28%, and the pretax margin is 6.36%.
Mohawk Industries, Inc (MHK) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of Mohawk Industries, Inc is 17.66%, while institutional ownership is 81.41%. The most recent insider transaction that took place on Sep 09 ’24, was worth 99,964. In this transaction Possible Member of Group of this company sold 660 shares at a rate of $151.46, taking the stock ownership to the 118,709 shares. Before that another transaction happened on Sep 09 ’24, when Company’s affiliate proposed sale 660 for $151.46, making the entire transaction worth $99,962.
Mohawk Industries, Inc (MHK) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 4.80% per share during the next fiscal year.
Mohawk Industries, Inc (NYSE: MHK) Trading Performance Indicators
Here are Mohawk Industries, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82. Likewise, its price to free cash flow for the trailing twelve months is 17.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.84, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 11.12 in one year’s time.
Technical Analysis of Mohawk Industries, Inc (MHK)
Looking closely at Mohawk Industries, Inc (NYSE: MHK), its last 5-days average volume was 0.82 million, which is a jump from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 35.69%. Additionally, its Average True Range was 4.83.
During the past 100 days, Mohawk Industries, Inc’s (MHK) raw stochastic average was set at 59.86%, which indicates a significant increase from 34.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.54% in the past 14 days, which was higher than the 48.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $152.14, while its 200-day Moving Average is $129.31. However, in the short run, Mohawk Industries, Inc’s stock first resistance to watch stands at $142.05. Second resistance stands at $143.65. The third major resistance level sits at $146.80. If the price goes on to break the first support level at $137.30, it is likely to go to the next support level at $134.15. Now, if the price goes above the second support level, the third support stands at $132.55.
Mohawk Industries, Inc (NYSE: MHK) Key Stats
With a market capitalization of 8.86 billion, the company has a total of 63,121K Shares Outstanding. Currently, annual sales are 11,135 M while annual income is -439,520 K. The company’s previous quarter sales were 2,719 M while its latest quarter income was 162,000 K.
