Raymond James upgraded Mohawk from Mkt Perform to Strong Buy and set a new price target of $140.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $160.00 → $196.00 | Neutral → Outperform | Robert W. Baird |
| 10/7/2024 | $140.00 → $160.00 | Underweight → Equal Weight | Wells Fargo |
| 7/26/2024 | $120.00 → $177.00 | Underperform → Buy | BofA Securities |
| 6/10/2024 | $140.00 | Mkt Perform → Strong Buy | Raymond James |
| 2/12/2024 | $98.00 → $152.00 | Hold → Buy | Deutsche Bank |
| 1/12/2024 | $80.00 → $101.00 | Underperform → Sector Perform | RBC Capital Mkts |
| 12/13/2023 | $80.00 → $100.00 | Underweight → Equal Weight | Barclays |
| 10/17/2023 | $85.00 | Underweight | Wells Fargo |
CALHOUN, Ga., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE:MHK) today announced the planned retirement of Chris Wellborn, President and Chief Operating Officer and the promotion of Paul De Cock to succeed Mr. Wellborn effective February 1, 2025. The Company also announced that Ken Walma is joining the organization and will succeed Mr. De Cock as President of the Flooring North America Segment on February 1, 2025, after acquiring comprehensive knowledge of the Company's operations. Following his retirement, Mr. Wellborn will serve as Vice Chair of Mohawk's Board of Directors and assist with these leadership transitions. "A strong organization requires effective successio
CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE:MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share ("EPS") of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of 2023, the Company reported net sales of $2.8 billion, a net loss of $760 million and a loss per share of $11.94; adjusted net earnings were $174 million, and adjusted EPS was $2.72. The Company's prior-year earnings were impacted by non-cash impairment charges of $876 m
CALHOUN, Ga., Oct. 10, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE:MHK) Third Quarter 2024 earnings release on Thursday, October 24, 2024, you are invited to listen to the conference call that will be broadcast live on Friday, October 25, 2024, at 11:00 am ET. What:Mohawk Industries, Inc. 3rd Quarter 2024 Earnings Call When:October 25, 2024 11:00 am ET Where: www.mohawkind.com Select "Investor Information" How:Live over the Internet – Simply log on via the web at the address above or Register for the conference call at: https://dpregister.com/sreg/10193716/fdbc8887b0 Live Conference Call:Dial 1-833-630-1962 (US/Canada) Dial 1-412-317-1843 (I
CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE:MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share ("EPS") of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of 2023, the Company reported net sales of $2.8 billion, a net loss of $760 million and a loss per share of $11.94; adjusted net earnings were $174 million, and adjusted EPS was $2.72. The Company's prior-year earnings were impacted by non-cash impairment charges of $876 m
CALHOUN, Ga., Oct. 10, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE:MHK) Third Quarter 2024 earnings release on Thursday, October 24, 2024, you are invited to listen to the conference call that will be broadcast live on Friday, October 25, 2024, at 11:00 am ET. What:Mohawk Industries, Inc. 3rd Quarter 2024 Earnings Call When:October 25, 2024 11:00 am ET Where: www.mohawkind.com Select "Investor Information" How:Live over the Internet – Simply log on via the web at the address above or Register for the conference call at: https://dpregister.com/sreg/10193716/fdbc8887b0 Live Conference Call:Dial 1-833-630-1962 (US/Canada) Dial 1-412-317-1843 (I
CALHOUN, Ga., July 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE:MHK) today announced second quarter 2024 net earnings of $157 million and earnings per share ("EPS") of $2.46; adjusted net earnings were $192 million, and adjusted EPS was $3.00. Net sales for the second quarter of 2024 were $2.8 billion, a decrease of 5.1% as reported and 4.5% on an adjusted basis versus the prior year. During the second quarter of 2023, the Company reported net sales of $3.0 billion, net earnings of $101 million and EPS of $1.58; adjusted net earnings were $176 million, and adjusted EPS was $2.76. For the six months ended June 29, 2024, net earnings and EPS were $262 million and $4.10, respec
Barclays analyst Matthew Bouley maintains Mohawk Industries (NYSE:MHK) with a Equal-Weight and lowers the price target from $120 to $118.
In the last three months, 7 analysts have published ratings on Mohawk Industries (NYSE:MHK), offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 3 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 3 0 0 Analysts have recently evaluated Mohawk Industries and provided 12-month price targets. The average target is $128.86, accompanied by a high estimate of $140.00 and a low estimate of $108.00. This up
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4 - MOHAWK INDUSTRIES INC (0000851968) (Issuer)
CALHOUN, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the appointment of James F. Brunk as chief financial officer, effective April 1, 2021. “I have worked with Jim for many years, and I am confident that he will do an excellent job as our chief financial officer,” said Jeff Lorberbaum, Mohawk’s chairman and chief executive officer. “He has a deep understanding of our global operations and will positively influence our performance. His expertise in financial planning and analysis, mergers and acquisitions, accounting and investor relations has been exhibited throughout his three-decade career.” Since May 2009, Brunk, 55, has served as Mohawk’
Robert W. Baird upgraded Mohawk from Neutral to Outperform and set a new price target of $196.00 from $160.00 previously
Wells Fargo upgraded Mohawk from Underweight to Equal Weight and set a new price target of $160.00 from $140.00 previously
BofA Securities upgraded Mohawk from Underperform to Buy and set a new price target of $177.00 from $120.00 previously
8-K - MOHAWK INDUSTRIES INC (0000851968) (Filer)
8-K - MOHAWK INDUSTRIES INC (0000851968) (Filer)
10-Q - MOHAWK INDUSTRIES INC (0000851968) (Filer)