Published: Sun, April 22, 2018
Entertaiment | By Mabel Barber

Analysts See $3.01 EPS for Mohawk Industries, Inc. (MHK)


The institutional investor held 106,579 shares of the consumer durables company at the end of 2017Q4, valued at $29.41 million, up from 104,656 at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Woodward Inc for a number of months, seems to be bullish on the $4.64B market cap company. The stock decreased 1.15% or $1.11 during the last trading session, reaching $95. About 226,177 shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 20, 2017 and is uptrending. It has outperformed by 30.35% the S&P500.

Hitchwood Capital Management Lp decreased its stake in Mohawk Inds Inc (MHK) by 39.76% based on its latest 2017Q4 regulatory filing with the SEC. Hitchwood Capital Management Lp sold 165,000 shares as the company's stock declined 17.56% with the market. The Claar Advisors Llc holds 246,960 shares with $21.13M value, up from 232,777 last quarter. About 645,091 shares traded. Mohawk Industries, Inc. (MHK) has risen 0.12% since April 20, 2017 and is uptrending. It has underperformed by 11.43% the S&P500. During the same quarter in the previous year, the company earned $3.26 EPS. research analysts predict that Mohawk Industries will post 15.65 earnings per share for the current year. (NYSE:MHK) to report earnings on April, 26 after the close. Finally, Loop Capital began coverage on Mohawk Industries in a report on Thursday, March 1st. Another trade for 17,383 shares valued at $4.35M was made by Thiers Bernard on Tuesday, February 20. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 40,000 shares in the quarter, for a total of 120,000 shares, and has risen its stake in Alphabet Inc.

Since February 14, 2018, it had 1 insider buy, and 11 sales for $9.24 million activity. Jefferies initiated Mohawk Industries, Inc. The firm has "Buy" rating given on Friday, July 28 by Stifel Nicolaus. Turner John C JR also sold $230,917 worth of Mohawk Industries, Inc. (NYSE:MHK) on Friday, March 9. Great Lakes Advisors Lc stated it has 0.02% in Mohawk Industries, Inc. Boykin Frank H had sold 1,388 shares worth $344,580 on Wednesday, March 14. RUNGE WILLIAM HENRY III bought $125,435 worth of stock or 500 shares. Shares for $2.19M were sold by WELLBORN CHISTOPHER.

Among 11 analysts covering Mohawk Industries (NYSE:MHK), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Exova Group Plc had 32 analyst reports since August 24, 2015 according to SRatingsIntel. Hap Trading holds 0.12% of its portfolio in Mohawk Industries, Inc. Mohawk Industries now has a consensus rating of "Buy" and a consensus target price of $247.82. RBC Capital Markets maintained the shares of MHK in report on Tuesday, November 14 with "Buy" rating. The firm earned "Buy" rating on Monday, October 30 by RBC Capital Markets. The rating was maintained by Barclays Capital on Thursday, April 7 with "Overweight". The stock of Mohawk Industries, Inc. (NYSE:MHK) rating on Monday, November 20. The firm has "Buy" rating by KeyBanc Capital Markets given on Sunday, August 27. Mohawk Industries presently has a consensus rating of "Buy" and a consensus target price of $290.73. Canaccord Genuity maintained the stock with "Buy" rating in Monday, October 30 report.

Investors sentiment increased to 1.13 in 2017 Q4. The company has a quick ratio of 0.80, a current ratio of 1.53 and a debt-to-equity ratio of 0.22. (NYSE:MHK) shares were sold by Turner John C JR. Following the completion of the acquisition, the director now owns 2,335 shares of the company's stock, valued at approximately $585,781.45. Everett Harris And Com Ca accumulated 99,920 shares. (NYSE:MHK). Moreover, Arrowstreet Capital Ltd Partnership has 0.07% invested in Mohawk Industries, Inc.

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Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. (NYSE:MHK). Pnc Finance Service reported 446,685 shares stake. Buckingham Asset Management Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $483.44 billion market cap company. (NYSE:MHK). Captrust Financial Advsrs has 0% invested in Mohawk Industries, Inc. (NYSE:MHK). State Teachers Retirement Sys invested in 99,325 shares or 0.06% of the stock. Evercore Wealth Lc owns 420 shares or 0% of their USA portfolio.

Joho Capital Llc holds 9.06% of its portfolio in Mohawk Industries, Inc. for 127,677 shares. (NYSE:MHK). Moreover, Swiss Bancorp has 0.07% invested in Mohawk Industries, Inc. (NYSE:MHK) or 13,830 shares. Qci Asset Mgmt Ny holds 1.65% or 188,143 shares. (NYSE:MHK). Foundry Prtnrs Ltd Co holds 828 shares or 0.01% of its portfolio.

Analysts await BlackRock, Inc. 16,000 shares were sold by Cox Christopher K, worth $2.80M. They expect $6.73 earnings per share, up 28.44% or $1.49 from last year's $5.24 per share. BLK's profit will be $1.09 billion for 19.48 P/E if the $6.73 EPS becomes a reality. After having $3.42 EPS previously, Mohawk Industries, Inc.'s analysts see -11.99 % EPS growth.

Investors sentiment increased to 1 in Q4 2017. Its up 0.04, from 0.96 in 2017Q3. It increased, as 28 investors sold MHK shares while 181 reduced holdings. 122 funds opened positions while 313 raised stakes. 129.61 million shares or 0.73% less from 130.57 million shares in 2017Q3 were reported. Lakeview Limited Company has 0.92% invested in Facebook, Inc. With 1.35M avg volume, 4 days are for Dte Energy Company (NYSE:DTE)'s short sellers to cover DTE's short positions. Natl Bank Of America De reported 623,568 shares. Chesley Taft And Limited Company reported 0.49% in BlackRock, Inc. Oakbrook Investments LLC raised its holdings in shares of Mohawk Industries by 4.2% in the fourth quarter. Eqis Management Incorporated reported 481 shares. Hermes Investment Mgmt Ltd holds 0.96% or 782,483 shares in its portfolio. Southeast Asset Advsr has 8,432 shares. Horizon Inv Svcs Limited Liability Co stated it has 14,736 shares or 1.68% of all its holdings. 75 are held by Wealthtrust. Missouri-based Argent Cap Mngmt Ltd Co has invested 0.75% in Microsoft Corporation (NASDAQ:MSFT). Viking Glob Lp reported 123,161 shares or 0.21% of all its holdings. 782 are held by Gratry Lc. Therefore 91% are positive. Robert W. Baird has "Buy" rating and $302.0 target. The company was maintained on Friday, July 21 by Jefferies. The stock has "Perform" rating by Oppenheimer on Thursday, October 26. The firm has "Buy" rating by Nomura given on Friday, October 27. As per Wednesday, January 17, the company rating was maintained by Jefferies. New Mexico Educational Retirement Board now owns 6,100 shares of the company's stock worth $1,683,000 after acquiring an additional 200 shares during the last quarter. The stock of Facebook, Inc. Credit Suisse Group reissued an outperform rating and issued a $310.00 price target (up from $303.00) on shares of Mohawk Industries in a report on Monday, January 22nd.

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