
Mohawk Industries (MHK) Stock Forecast & Price Target
Mohawk Industries (MHK) Analyst Ratings
Bulls say
Mohawk Industries Inc. exhibited resilience in its Global Ceramic segment, achieving a positive price/mix trend of +4% which helped offset a decline in volumes of -4%. The expectation of revenue growth is supported by improved pricing, a faster ramp-up of luxury vinyl tile (LVT) capacity, and stronger-than-anticipated demand from the U.S. market, coupled with less significant foreign competition. Additionally, the company's projected FY’25 earnings per share (EPS) has increased by +2% to $9.04, attributed to productivity gains despite competitive pricing pressures within the industry.
Bears say
Mohawk Industries faces a negative outlook primarily due to continued growth weakness and margin erosion arising from a loss of market share and intensified competition. Furthermore, there are concerns regarding weaker growth in both the residential and commercial end markets in the U.S., which could have broader implications if consumer spending declines due to overall economic weakness. The company's Flooring North America segment has already experienced a decline in volumes, indicating significant challenges in maintaining revenue growth amidst these pressures.
This aggregate rating is based on analysts' research of Mohawk Industries and is not a guaranteed prediction by Public.com or investment advice.
Mohawk Industries (MHK) Analyst Forecast & Price Prediction
Start investing in Mohawk Industries (MHK)
Order type
Buy in
Order amount
Est. shares
0 shares