Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $120.12 in the prior trading day, Mohawk Industries, Inc (NYSE: MHK) closed at $120.84, up 0.60%. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.7 million shares were traded. MHK stock price reached its highest trading level at $121.1796 during the session, while it also had its lowest trading level at $119.415.
Ratios:
Our goal is to gain a better understanding of MHK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.26.
On January 08, 2025, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $150.
Robert W. Baird Upgraded its Neutral to Outperform on October 21, 2024, whereas the target price for the stock was revised from $160 to $196.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 ’24 when HELEN SUZANNE L sold 4,000 shares for $127.75 per share. The transaction valued at 511,008 led to the insider holds 108,084 shares of the business.
HELEN SUZANNE L sold 4,000 shares of MHK for $504,424 on Dec 16 ’24. The Possible Member of Group now owns 104,084 shares after completing the transaction at $126.11 per share. On Dec 16 ’24, another insider, HELEN SUZANNE L, who serves as the Affiliate of the company, bought 4,000 shares for $126.11 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MHK now has a Market Capitalization of 7627577856 and an Enterprise Value of 9801073664. As of this moment, Mohawk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.67, and their Forward P/E ratio for the next fiscal year is 11.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.906 whereas that against EBITDA is 6.325.
Stock Price History:
The Beta on a monthly basis for MHK is 1.44, which has changed by 0.095885396 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, MHK has reached a high of $164.29, while it has fallen to a 52-week low of $101.83. The 50-Day Moving Average of the stock is -4.48%, while the 200-Day Moving Average is calculated to be -9.38%.
Shares Statistics:
The stock has traded on average 713.05K shares per day over the past 3-months and 888680 shares per day over the last 10 days, according to various share statistics. A total of 63.10M shares are outstanding, with a floating share count of 51.60M. Insiders hold about 18.26% of the company’s shares, while institutions hold 76.31% stake in the company. Shares short for MHK as of 1736899200 were 1209787 with a Short Ratio of 1.70, compared to 1734048000 on 1015244. Therefore, it implies a Short% of Shares Outstanding of 1209787 and a Short% of Float of 2.32.
