Mohawk Industries, Inc (NYSE: MHK) kicked off on Tuesday, up 1.56% from the previous trading day, before settling in for the closing price of $117.47. Over the past 52 weeks, MHK has traded in a range of $104.88-$164.29.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Consumer Cyclical sector has jumped its sales by 2.01% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -0.85%. With a float of $51.53 million, this company’s outstanding shares have now reached $63.12 million.
In an organization with 43300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.19%, operating margin of 6.88%, and the pretax margin is 5.96%.
Mohawk Industries, Inc (MHK) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of Mohawk Industries, Inc is 18.36%, while institutional ownership is 76.07%. The most recent insider transaction that took place on Dec 13 ’24, was worth 511,008. In this transaction Possible Member of Group of this company sold 4,000 shares at a rate of $127.75, taking the stock ownership to the 108,084 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Possible Member of Group sold 4,000 for $126.11, making the entire transaction worth $504,424. This insider now owns 104,084 shares in total.
Mohawk Industries, Inc (MHK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.18% during the next five years compared to -4.60% drop over the previous five years of trading.
Mohawk Industries, Inc (NYSE: MHK) Trading Performance Indicators
Take a look at Mohawk Industries, Inc’s (MHK) current performance indicators. Last quarter, stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 15.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.14, a number that is poised to hit 1.41 in the next quarter and is forecasted to reach 11.62 in one year’s time.
Technical Analysis of Mohawk Industries, Inc (MHK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.16 million. That was better than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.30%. Additionally, its Average True Range was 3.97.
During the past 100 days, Mohawk Industries, Inc’s (MHK) raw stochastic average was set at 7.35%, which indicates a significant decrease from 17.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.97% in the past 14 days, which was lower than the 36.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.87, while its 200-day Moving Average is $133.52. However, in the short run, Mohawk Industries, Inc’s stock first resistance to watch stands at $120.45. Second resistance stands at $121.60. The third major resistance level sits at $123.53. If the price goes on to break the first support level at $117.38, it is likely to go to the next support level at $115.46. Assuming the price breaks the second support level, the third support level stands at $114.31.
Mohawk Industries, Inc (NYSE: MHK) Key Stats
The company with the Market Capitalisation of 7.53 billion has total of 63,121K Shares Outstanding. Its annual sales at the moment are 10,837 M in contrast with the sum of 517,700 K annual income. Company’s last quarter sales were recorded 2,637 M and last quarter income was 93,200 K.
