
Mohawk Industries (MHK) Stock Forecast & Price Target
Mohawk Industries (MHK) Analyst Ratings
Bulls say
Mohawk Industries Inc has demonstrated positive financial performance, with an EBIT increase of $5.5 million compared to the prior year, leading to a modest rise in the EBIT margin to 5.3%. The Global Ceramic segment continues to be a significant driver of revenue, achieving a sales growth of 1.5%, while the Flooring North America segment experienced a year-over-year increase of 2.8%. Additionally, operational efficiencies have contributed to $100 million in productivity gains, positioning the company favorably for an earnings recovery as market demand stabilizes.
Bears say
Mohawk Industries Inc. has reported a decrease in EBIT of $5.8 million year-over-year, alongside a decline in operating margin of approximately 60 basis points to 10.0%, primarily driven by unfavorable price/mix dynamics and increased material costs. The Flooring Rest of the World segment experienced a revenue drop of 2.1%, exacerbated by a negative price/mix impact estimated to have reduced EBIT by over $350 million for 2024. Additionally, management anticipates a further negative impact on EPS for Q1 2025 due to ongoing systems issues in the Flooring North America segment, compounded by risks such as declining consumer confidence and possible supply chain pressures.
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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