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

January 8, 2018 - By Clifton Ray

 Mohawk Industries, Inc. (MHK) Analysts See $3.33 EPS
Investors sentiment increased to 1.1 in Q3 2017. Its up 0.01, from 1.09 in 2017Q2. It is positive, 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.
Panagora Asset Management holds 0% in Mohawk Industries, Inc. (NYSE:MHK) or 3,633 shares. Thrivent Fincl For Lutherans stated it has 0% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Cambridge Invest Research Advsrs invested in 0.01% or 1,513 shares. Pggm Invs accumulated 64,201 shares or 0.08% of the stock. Breton Hill Limited has 3,246 shares for 0.15% of their portfolio. Stifel Fincl Corporation invested in 0.01% or 11,672 shares. State Of Tennessee Treasury Department holds 0.05% or 40,189 shares. Century stated it has 0.06% in Mohawk Industries, Inc. (NYSE:MHK). Patten Patten Inc Tn invested in 0.23% or 8,733 shares. Brown Brothers Harriman And holds 5,277 shares or 0.01% of its portfolio. Moreover, Ibm Retirement Fund has 0.08% invested in Mohawk Industries, Inc. (NYSE:MHK) for 1,593 shares. Polar Cap Limited Liability Partnership stated it has 0.59% in Mohawk Industries, Inc. (NYSE:MHK). Wellington Mgmt Limited Liability Partnership owns 902,394 shares. Pub Employees Retirement Systems Of Ohio holds 0.16% or 126,396 shares in its portfolio. Gulf National Bank (Uk) Ltd invested 0.07% in Mohawk Industries, Inc. (NYSE:MHK).

Since August 11, 2017, it had 0 insider buys, and 2 sales for $5.06 million activity. LORBERBAUM JEFFREY S sold $5.02 million worth of stock.

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 $247.54M giving it 20.77 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 0.51% or $1.41 during the last trading session, reaching $276.67. About 550,518 shares traded or 16.64% up from the average. Mohawk Industries, Inc. (NYSE:MHK) has risen 20.32% since January 8, 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 had 43 analyst reports since August 10, 2015 according to SRatingsIntel. Jefferies initiated the stock with “Buy” rating in Tuesday, December 12 report. The rating was maintained by RBC Capital Markets on Monday, July 31 with “Buy”. The firm earned “Outperform” rating on Tuesday, November 3 by Robert W. Baird. The rating was initiated by Wells Fargo with “Market Perform” on Thursday, September 29. JP Morgan downgraded the shares of MHK in report on Tuesday, March 15 to “Neutral” rating. Barclays Capital maintained it with “Overweight” rating and $215 target in Thursday, April 7 report. On Friday, October 27 the stock rating was maintained by Nomura with “Buy”. The company was maintained on Monday, November 20 by Robert W. Baird. The firm has “Neutral” rating given on Friday, September 23 by Bank of America. Robert W. Baird maintained the stock with “Buy” rating in Thursday, October 19 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 $20.57 billion. It operates through three divisions: Global Ceramic, Flooring North America , and Flooring Rest of the World (Flooring ROW). It has a 5.55 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 Streetinsider.com which published an article titled: “Form 4 MOHAWK INDUSTRIES INC For: Jan 02 Filed by: BRUCKMANN BRUCE” on January 04, 2018.

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