Analysts See $3.33 EPS for Mohawk Industries, Inc. (MHK)

January 13, 2018 - By Kurt Siggers

 Analysts See $3.33 EPS for Mohawk Industries, Inc. (MHK)
Investors sentiment increased to 1.1 in Q3 2017. Its up 0.01, from 1.09 in 2017Q2. It improved, as 27 investors sold Mohawk Industries, Inc. shares while 171 reduced holdings. 59 funds opened positions while 158 raised stakes. 55.82 million shares or 0.01% less from 55.83 million shares in 2017Q2 were reported.
M&T National Bank Corporation holds 0.01% in Mohawk Industries, Inc. (NYSE:MHK) or 4,758 shares. Tiaa Cref Management Lc accumulated 0.11% or 667,617 shares. Invesco owns 281,355 shares for 0.03% of their portfolio. Highbridge Capital Mgmt Limited Liability Corp holds 0.03% or 6,953 shares. Fisher Asset Mngmt Ltd Liability Company accumulated 1,546 shares. Royal Bank Of Canada accumulated 279,607 shares. Bradley Foster Sargent Ct has 4,485 shares for 0.04% of their portfolio. Moreover, Wolverine Asset Mngmt Ltd Liability has 0.01% invested in Mohawk Industries, Inc. (NYSE:MHK). The New York-based Clearbridge Invests Lc has invested 0% in Mohawk Industries, Inc. (NYSE:MHK). Bamco Ny invested in 0.29% or 242,927 shares. Stifel Financial Corporation accumulated 11,672 shares or 0.01% of the stock. Amp Capital Invsts reported 18,763 shares. Hound Prtn Ltd Liability Com has 4.65% invested in Mohawk Industries, Inc. (NYSE:MHK) for 790,099 shares. Bancorpsouth, Mississippi-based fund reported 1,500 shares. 33,600 are owned by Picton Mahoney Asset Mngmt.

Since August 11, 2017, it had 0 insider buys, and 2 selling transactions for $5.06 million activity. The insider Patton Rodney David sold $33,809.

Analysts expect Mohawk Industries, Inc. (NYSE:MHK) to report $3.33 EPS on February, 8.They anticipate $0.07 EPS change or 2.15 % from last quarter’s $3.26 EPS. MHK’s profit would be $247.55M giving it 20.58 P/E if the $3.33 EPS is correct. After having $3.75 EPS previously, Mohawk Industries, Inc.’s analysts see -11.20 % EPS growth. The stock increased 0.86% or $2.35 during the last trading session, reaching $274.07. About 668,067 shares traded or 35.46% up from the average. Mohawk Industries, Inc. (NYSE:MHK) has risen 20.32% since January 13, 2017 and is uptrending. It has outperformed by 3.62% the S&P500.

Mohawk Industries, Inc. (NYSE:MHK) Ratings Coverage

Among 18 analysts covering Mohawk (NYSE:MHK), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Mohawk has $330.0 highest and $185 lowest target. $270.88’s average target is -1.16% below currents $274.07 stock price. Mohawk had 43 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Friday, July 28 by Stifel Nicolaus. Robert W. Baird initiated Mohawk Industries, Inc. (NYSE:MHK) on Tuesday, November 3 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Monday, August 10 with “Outperform”. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, December 5 report. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, September 6 report. On Wednesday, April 19 the stock rating was maintained by M Partners with “Buy”. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Buy” rating given on Tuesday, April 12 by M Partners. The company was maintained on Monday, February 13 by Stifel Nicolaus. The firm has “Market Perform” rating by Wells Fargo given on Thursday, September 29. Jefferies initiated the stock with “Buy” rating in Tuesday, December 12 report.

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. The company has market cap of $20.37 billion. It operates through three divisions: Global Ceramic, Flooring North America , and Flooring Rest of the World (Flooring ROW). It has a 5.49 P/E ratio. The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products.

Another recent and important Mohawk Industries, Inc. (NYSE:MHK) news was published by Prnewswire.com which published an article titled: “Mohawk Industries, Inc. le invita a su teleconferencia sobre el cuarto …” on January 10, 2018.

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