Mohawk Industries (MHK) Gets Jefferies Civerage with $330.0 Target; 4 Analysts Are Bullish Genesco Inc. (GCO) Last Week

December 13, 2017 - By Migdalia James

Among 17 analysts covering Mohawk (NYSE:MHK), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Mohawk has $310.0 highest and $185 lowest target. $266.93’s average target is -3.05% below currents $275.34 stock price. Mohawk had 42 analyst reports since August 10, 2015 according to SRatingsIntel. M Partners initiated the stock with “Buy” rating in Tuesday, April 12 report. The company was maintained on Thursday, April 7 by Barclays Capital. Nomura maintained it with “Buy” rating and $300 target in Friday, October 27 report. The rating was maintained by RBC Capital Markets on Tuesday, November 14 with “Buy”. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Neutral” rating given on Monday, October 30 by JP Morgan. On Monday, November 20 the stock rating was maintained by Robert W. Baird with “Buy”. The stock has “Buy” rating by Bank of America on Wednesday, October 12. Barclays Capital initiated the shares of MHK in report on Friday, January 6 with “Overweight” rating. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 9. The stock has “Buy” rating by Stifel Nicolaus on Monday, August 10.

Among 13 analysts covering Genesco (NYSE:GCO), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. Genesco had 37 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Thursday, November 17 by Susquehanna. The stock of Genesco Inc. (NYSE:GCO) has “Neutral” rating given on Tuesday, April 19 by Sterne Agee CRT. Morgan Stanley maintained Genesco Inc. (NYSE:GCO) rating on Wednesday, September 13. Morgan Stanley has “Equal-Weight” rating and $28 target. The stock of Genesco Inc. (NYSE:GCO) has “Neutral” rating given on Friday, September 1 by Buckingham Research. The stock of Genesco Inc. (NYSE:GCO) earned “Hold” rating by Robert W. Baird on Friday, November 10. On Wednesday, April 26 the stock rating was upgraded by Susquehanna to “Positive”. The firm has “Positive” rating by Susquehanna given on Thursday, November 3. Robert W. Baird maintained Genesco Inc. (NYSE:GCO) rating on Friday, October 6. Robert W. Baird has “Hold” rating and $23.0 target. The firm has “Buy” rating given on Tuesday, October 13 by Sterne Agee CRT. The rating was upgraded by Piper Jaffray on Thursday, April 20 to “Overweight”. See Genesco Inc. (NYSE:GCO) latest ratings:

29/11/2017 Broker: Robert W. Baird Rating: Hold New Target: $27.0 Maintain
28/11/2017 Broker: Piper Jaffray Rating: Buy New Target: $35.0 Maintain
20/11/2017 Broker: Buckingham Research Rating: Neutral Old Target: $23 New Target: $30 Maintain
10/11/2017 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain
16/10/2017 Broker: SunTrust Rating: Buy New Target: $33.0 Maintain
06/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain
29/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $39.0 Maintain
13/09/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $38 New Target: $28 Maintain
01/09/2017 Broker: Buckingham Research Rating: Neutral Old Target: $38 New Target: $23 Maintain
31/08/2017 Broker: Jefferies Rating: Hold New Target: $27.0 Maintain

The stock decreased 0.33% or $0.1 during the last trading session, reaching $30.25. About 553,618 shares traded or 6.27% up from the average. Genesco Inc. (NYSE:GCO) has declined 26.87% since December 13, 2016 and is downtrending. It has underperformed by 43.57% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.03, from 1.1 in 2017Q1. It increased, as 34 investors sold Genesco Inc. shares while 43 reduced holdings. 30 funds opened positions while 55 raised stakes. 18.53 million shares or 8.73% less from 20.31 million shares in 2017Q1 were reported. National Bank Of Montreal Can reported 159,899 shares. Highland Capital Management L P stated it has 21,850 shares. Parallax Volatility Advisers Limited Partnership has 0.01% invested in Genesco Inc. (NYSE:GCO) for 106,652 shares. Smith Graham & Limited Partnership invested in 1.14% or 311,396 shares. Ray Gerald L & holds 24,021 shares or 0.1% of its portfolio. Moreover, Barclays Public Limited Liability has 0% invested in Genesco Inc. (NYSE:GCO). Ls Investment Advsrs Lc holds 0% of its portfolio in Genesco Inc. (NYSE:GCO) for 700 shares. State Of Tennessee Treasury Department holds 18,618 shares or 0% of its portfolio. 2,861 are held by Federated Pa. Public Employees Retirement Systems Of Ohio, a Ohio-based fund reported 4,278 shares. First Quadrant Limited Partnership Ca invested in 0% or 4,516 shares. Wedge Cap Mgmt L Lp Nc has 0.09% invested in Genesco Inc. (NYSE:GCO) for 264,595 shares. The Massachusetts-based Geode Capital Mgmt Limited Liability Company has invested 0% in Genesco Inc. (NYSE:GCO). The Connecticut-based Zebra Mgmt Lc has invested 0.14% in Genesco Inc. (NYSE:GCO). Jpmorgan Chase stated it has 0% of its portfolio in Genesco Inc. (NYSE:GCO).

Genesco Inc. retails and wholesales footwear, apparel, and accessories. The company has market cap of $602.37 million. The companyÂ’s Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, Little Burgundy, and Underground by Journeys retail stores, as well as through e-commerce and catalogs for young men, women, and children. It currently has negative earnings. The Company’s Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear for men and women, as well as sells footwear through e-commerce.

The stock decreased 0.73% or $2.03 during the last trading session, reaching $275.34. About 577,545 shares traded or 14.51% up from the average. Mohawk Industries, Inc. (NYSE:MHK) has risen 20.32% since December 13, 2016 and is uptrending. It has outperformed by 3.62% the S&P500.

Since June 16, 2017, it had 0 insider purchases, and 2 insider sales for $5.06 million activity. Patton Rodney David had sold 387 shares worth $93,654. LORBERBAUM JEFFREY S had sold 19,700 shares worth $5.02M.

Analysts await Mohawk Industries, Inc. (NYSE:MHK) to report earnings on February, 8. They expect $3.33 earnings per share, up 2.15% or $0.07 from last year’s $3.26 per share. MHK’s profit will be $247.54 million for 20.67 P/E if the $3.33 EPS becomes a reality. After $3.75 actual earnings per share reported by Mohawk Industries, Inc. for the previous quarter, Wall Street now forecasts -11.20% negative EPS growth.

Investors sentiment increased to 1.1 in 2017 Q2. Its up 0.01, from 1.09 in 2017Q1. It improved, as 41 investors sold Mohawk Industries, Inc. shares while 164 reduced holdings. 58 funds opened positions while 165 raised stakes. 55.83 million shares or 0.31% more from 55.66 million shares in 2017Q1 were reported. Point72 Asset Limited Partnership reported 101,600 shares. Oregon Pub Employees Retirement Fund stated it has 6,601 shares or 0.03% of all its holdings. Weik Invest owns 4.5% invested in Mohawk Industries, Inc. (NYSE:MHK) for 35,363 shares. Polar Asset Mgmt Partners stated it has 0.32% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Institute For Wealth reported 2,133 shares. Boston Limited Co has invested 0.38% in Mohawk Industries, Inc. (NYSE:MHK). Nomura Asset Mngmt Commerce Limited reported 0.03% stake. Sg Americas Secs holds 49,637 shares or 0.11% of its portfolio. Guggenheim Cap Limited Liability Com holds 0.09% or 147,372 shares. United Financial Advisers Ltd has invested 0% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Axa reported 0.03% in Mohawk Industries, Inc. (NYSE:MHK). Chevy Chase reported 0.06% stake. Cibc Asset Inc has invested 0.01% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Catalyst Cap Advsrs Limited Liability Company accumulated 8,000 shares. Michigan-based Bank & Trust has invested 0.08% in Mohawk Industries, Inc. (NYSE:MHK).

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 $20.47 billion. It operates through three divisions: Global Ceramic, Flooring North America , and Flooring Rest of the World (Flooring ROW). It has a 5.52 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.

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