In the latest session, Mohawk Industries, Inc. (NYSE: MHK) closed at $109.49 down -2.00% from its previous closing price of $111.72. On the day, 744437 shares were traded.
Ratios:
For a deeper understanding of Mohawk Industries, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Deutsche Bank on February 12, 2024, Upgraded its rating to Buy and sets its target price to $152 from $98 previously.
On January 12, 2024, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform and also upped its target price recommendation from $80 to $101.
Barclays Upgraded its Underweight to Equal Weight on December 13, 2023, whereas the target price for the stock was revised from $80 to $100.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 12 ’24 when Patton Rodney David sold 1,551 shares for $119.51 per share. The transaction valued at 185,352 led to the insider holds 15,321 shares of the business.
Brunk James sold 4,007 shares of MHK for $470,542 on Feb 28 ’24. The CFO – VP FINANCE now owns 18,902 shares after completing the transaction at $117.43 per share. On Dec 14 ’23, another insider, HELEN SUZANNE L, who serves as the Possible Member of Group of the company, sold 4,500 shares for $107.01 each. As a result, the insider received 481,554 and left with 4,453 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
Over the past 52 weeks, MHK has reached a high of $131.19, while it has fallen to a 52-week low of $76.02.
Shares Statistics:
A total of 63.69M shares are outstanding, with a floating share count of 53.21M. Insiders hold about 16.46% of the company’s shares, while institutions hold 80.22% stake in the company.
