
Mohawk Industries (MHK) Stock Forecast & Price Target
Mohawk Industries (MHK) Analyst Ratings
Bulls say
Mohawk Industries Inc. has demonstrated a positive financial trajectory, as evidenced by a $5.5 million increase in EBIT year-over-year, coupled with a marginal improvement in EBIT margin to 5.3%. The Global Ceramic segment showed resilience with a 1.5% increase in total sales, and the Flooring North America segment also experienced a 2.8% year-over-year revenue growth, indicating strong performance across multiple channels. Additionally, the company benefited from $100 million in productivity gains and a significant reduction in input costs, suggesting a solid foundation for future earnings recovery and operational leverage.
Bears say
Mohawk Industries Inc has experienced a decline in EBIT of $5.8 million compared to the previous year, with the operating margin also decreasing by approximately 60 basis points to 10.0%, primarily due to unfavorable price/mix and increased material costs. The Flooring Rest of the World segment witnessed a revenue decrease of 2.1%, which adjusted for currency and shipping days results in a greater decline of 4.8%, reflecting ongoing challenges in pricing dynamics and market conditions. Additionally, management's guidance indicates a projected negative impact to first-quarter 2025 EPS of $0.35, compounded by potential risks such as weakening consumer confidence and supply chain pressures that could hinder revenue growth.
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
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