Mohawk Industries, Inc. (MHK)
NYSE: MHK · IEX Real-Time Price · USD
119.34
-1.02 (-0.85%)
May 20, 2024, 3:06 PM EDT - Market open
Mohawk Industries Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Mohawk Industries stock have an average target of 124.11, with a low estimate of 100 and a high estimate of 152. The average target predicts an increase of 4.00% from the current stock price of 119.34.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MHK stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 3 | 4 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 10 | 10 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $122 → $124 | Hold | Maintains | $122 → $124 | +3.90% | May 3, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $140 → $135 | Strong Buy | Maintains | $140 → $135 | +13.12% | Apr 29, 2024 |
| Barclays | Barclays | Hold Maintains $122 → $120 | Hold | Maintains | $122 → $120 | +0.55% | Apr 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $106 → $108 | Hold | Maintains | $106 → $108 | -9.50% | Apr 29, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $127 → $140 | Strong Buy | Maintains | $127 → $140 | +17.31% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
11.04B
from 11.14B
Decreased by -0.84%
Revenue Next Year
11.37B
from 11.04B
Increased by 2.93%
EPS This Year
9.67
from -6.90
EPS Next Year
11.28
from 9.67
Increased by 16.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8B | 12.1B | 12.5B | 12.7B | 13.0B |
| Avg | 11.0B | 11.4B | 11.9B | 12.2B | 12.5B |
| Low | 10.2B | 10.4B | 11.5B | 11.8B | 12.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.1% | 9.6% | 9.7% | 6.3% | 7.1% |
| Avg | -0.8% | 2.9% | 4.7% | 2.3% | 3.0% |
| Low | -8.5% | -5.6% | 1.1% | -0.8% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.08 | 13.07 | 15.86 | 14.74 | 16.37 |
| Avg | 9.67 | 11.28 | 13.39 | 14.18 | 15.75 |
| Low | 8.21 | 9.18 | 11.81 | 13.76 | 15.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 35.2% | 40.6% | 10.1% | 15.4% |
| Avg | - | 16.6% | 18.8% | 5.9% | 11.0% |
| Low | - | -5.0% | 4.7% | 2.7% | 7.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.