Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Mohawk Industries, Inc (NYSE: MHK) closed the day trading at $135.43 down -0.66% from the previous closing price of $136.33. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 0.94 million shares were traded. MHK stock price reached its highest trading level at $137.215 during the session, while it also had its lowest trading level at $133.79.
Ratios:
For a better understanding of MHK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.32. 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 03 ’24 when HELEN SUZANNE L bought 2,000 shares for $135.48 per share.
HELEN SUZANNE L sold 660 shares of MHK for $99,964 on Sep 09 ’24. The Possible Member of Group now owns 118,709 shares after completing the transaction at $151.46 per share. On Sep 09 ’24, another insider, HELEN SUZANNE L, who serves as the affiliate of the company, bought 660 shares for $151.46 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 8548517376 and an Enterprise Value of 10722013184. As of this moment, Mohawk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.32, and their Forward P/E ratio for the next fiscal year is 12.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.992 whereas that against EBITDA is 6.92.
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 $90.22. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be 2.28%.
Shares Statistics:
Over the past 3-months, MHK traded about 729.84K shares per day on average, while over the past 10 days, MHK traded about 548930 shares per day. A total of 63.10M shares are outstanding, with a floating share count of 51.61M. Insiders hold about 18.24% of the company’s shares, while institutions hold 77.82% stake in the company. Shares short for MHK as of 1731628800 were 857067 with a Short Ratio of 1.17, compared to 1728950400 on 911848. Therefore, it implies a Short% of Shares Outstanding of 857067 and a Short% of Float of 1.6400000000000001.
