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After finishing at $119.10 in the prior trading day, Mohawk Industries, Inc (NYSE: MHK) closed at $116.82, down -1.91%. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 0.97 million shares were traded. MHK stock price reached its highest trading level at $120.225 during the session, while it also had its lowest trading level at $115.82.
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 17.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.94. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on October 21, 2024, Upgraded its rating to Outperform and sets its target price to $196 from $160 previously.
On October 07, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $140 to $160.
BofA Securities Upgraded its Underperform to Buy on July 26, 2024, whereas the target price for the stock was revised from $120 to $177.
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 7373830144 and an Enterprise Value of 9691242496. As of this moment, Mohawk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.21, and their Forward P/E ratio for the next fiscal year is 10.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 0.896 whereas that against EBITDA is 6.255.
Stock Price History:
Over the past 52 weeks, MHK has reached a high of $164.29, while it has fallen to a 52-week low of $96.28. The 50-Day Moving Average of the stock is -16.68%, while the 200-Day Moving Average is calculated to be -12.21%.
Shares Statistics:
The stock has traded on average 760.22K shares per day over the past 3-months and 655620 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 51.62M. Insiders hold about 18.22% of the company’s shares, while institutions hold 77.69% stake in the company. Shares short for MHK as of 1732838400 were 888628 with a Short Ratio of 1.17, compared to 1730332800 on 769034. Therefore, it implies a Short% of Shares Outstanding of 888628 and a Short% of Float of 1.7000000000000002.
