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NYSE: MHK
Mohawk Industries Inc Stock Forecast, Predictions & Price Target

Analyst price target for MHK

Based on 11 analysts offering 12 month price targets for Mohawk Industries Inc.
Min Forecast
$134.00-23.58%
Avg Forecast
$194.73+11.05%
Max Forecast
$250.00+42.57%

Should I buy or sell MHK stock?

Based on 12 analysts offering ratings for Mohawk Industries Inc.
Buy
Strong Buy
5 analysts 41.67%
Buy
0 analysts 0%
Hold
6 analysts 50%
Sell
1 analysts 8.33%
Strong Sell
0 analysts 0%

MHK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 16%
85
Strong BuyMaintains$215.00+22.61%2021-11-01
Raymond James
Top 2%
99
Strong BuyMaintains$245.00+39.72%2021-11-01
RBC Capital
Top 32%
69
SellMaintains$157.00-10.46%2021-11-01
Loop Capital
Top 18%
83
HoldMaintains$190.00+8.35%2021-10-12
Anonymous
RBC Capital
SellMaintains$170.00-3.05%2021-08-02
Raymond James
Top 22%
79
Strong BuyMaintains$250.00+42.57%2021-08-02
Wells Fargo
Top 23%
78
HoldInitiates Coverage On$213.00+21.47%2021-07-16
Wolfe Research
Top 23%
78
HoldInitiates Coverage OnN/AN/A2021-03-17
Credit Suisse
Top 21%
80
HoldUpgrades$180.00+2.65%2021-02-18
Truist Securities
Top 1%
100
Strong BuyMaintains$220.00+25.46%2021-02-16

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Forecast return on equity

Is MHK forecast to generate an efficient return?
Company
13.94%
Industry
40.04%
Market
46.47%
MHK's Return on Equity is forecast to be low in 3 years (13.94%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is MHK forecast to generate an efficient return on assets?
Company
8.44%
Industry
7.73%
MHK is forecast to generate higher Return on Assets (8.44%) than the US Furnishings Fixtures & Appliances industry average (7.73%)
Forecast

MHK earnings per share forecast

What is MHK's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$14.92-4.6%
Avg 2 year Forecast
$16.57+5.95%
Avg 3 year Forecast
$18.00+15.09%
MHK's earnings are forecast to grow at a rate of 2.79% per year, which is not exceptional
Forecast

MHK revenue forecast

What is MHK's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$11.2B+0.95%
Avg 2 year Forecast
$11.8B+6.28%
Avg 3 year Forecast
$12.1B+8.77%
MHK's revenue is forecast to grow at a rate of 2.66% per year, which is not exceptional
Forecast

MHK earnings growth forecast

How is MHK forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
2.79%
Industry
3.54%
Market
17.69%
MHK's earnings are forecast to grow slower (2.79% per year) than the US Furnishings Fixtures & Appliances industry average (3.54%)
Forecast
MHK's earnings are forecast to grow slower (2.79% per year) than the US market average (17.69%)
Forecast
MHK's earnings are forecast to grow faster (2.79% per year) than the risk-free savings rate (1.4%)
Forecast

MHK revenue growth forecast

How is MHK forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
2.66%
Industry
4.45%
Market
10.71%
MHK's revenues are forecast to grow slower (2.66% per year) than the US Furnishings Fixtures & Appliances industry average (4.45%)
Forecast
MHK's revenues are forecast to grow slower (2.66% per year) than the US market average (10.71%)
Forecast

Mohawk Industries Stock Forecast FAQ

Is Mohawk Industries Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: MHK) stock is to Buy MHK stock.

Out of 12 analysts, 5 (41.67%) are recommending MHK as a Strong Buy, 0 (0%) are recommending MHK as a Buy, 6 (50%) are recommending MHK as a Hold, 1 (8.33%) are recommending MHK as a Sell, and 0 (0%) are recommending MHK as a Strong Sell.

What is MHK's earnings growth forecast for 2021-2023?

(NYSE: MHK) Mohawk Industries's forecast annual earnings growth rate of 2.79% is not forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast earnings growth rate of 3.54%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Mohawk Industries's earnings in 2021 is $1,092,291,000.On average, 5 Wall Street analysts forecast MHK's earnings for 2021 to be $1,010,567,005, with the lowest MHK earnings forecast at $914,387,036, and the highest MHK earnings forecast at $1,055,270,371. On average, 5 Wall Street analysts forecast MHK's earnings for 2022 to be $1,122,325,421, with the lowest MHK earnings forecast at $978,732,790, and the highest MHK earnings forecast at $1,235,438,484.

In 2023, MHK is forecast to generate $1,219,182,714 in earnings, with the lowest earnings forecast at $1,219,182,714 and the highest earnings forecast at $1,219,182,714.

What is MHK's revenue growth forecast for 2021-2023?

(NYSE: MHK) Mohawk Industries's forecast annual revenue growth rate of 2.66% is not forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast revenue growth rate of 4.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Mohawk Industries's revenue in 2021 is $11,081,640,000.On average, 4 Wall Street analysts forecast MHK's revenue for 2021 to be $757,712,032,360, with the lowest MHK revenue forecast at $753,184,665,084, and the highest MHK revenue forecast at $763,445,442,270. On average, 4 Wall Street analysts forecast MHK's revenue for 2022 to be $797,743,558,112, with the lowest MHK revenue forecast at $783,312,024,594, and the highest MHK revenue forecast at $812,646,238,017.

In 2023, MHK is forecast to generate $816,439,454,102 in revenue, with the lowest revenue forecast at $812,585,278,881 and the highest revenue forecast at $822,088,130,813.

What is MHK's forecast return on assets (ROA) for 2021-2023?

(NYSE: MHK) forecast ROA is 8.44%, which is higher than the forecast US Furnishings Fixtures & Appliances industry average of 7.73%.

What is MHK's Price Target?

According to 11 Wall Street analysts that have issued a 1 year MHK price target, the average MHK price target is $194.73, with the highest MHK stock price forecast at $250.00 and the lowest MHK stock price forecast at $134.00.

On average, Wall Street analysts predict that Mohawk Industries's share price could stay at $194.73 by Nov 1, 2022. The average Mohawk Industries stock price prediction forecasts a potential downside of N/A from the current MHK share price of $175.35.

What is MHK's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: MHK) Mohawk Industries's current Earnings Per Share (EPS) is $15.64. On average, analysts forecast that MHK's EPS will be $14.92 for 2021, with the lowest EPS forecast at $13.50, and the highest EPS forecast at $15.58. On average, analysts forecast that MHK's EPS will be $16.57 for 2022, with the lowest EPS forecast at $14.45, and the highest EPS forecast at $18.24. In 2023, MHK's EPS is forecast to hit $18.00 (min: $18.00, max: $18.00).

What is MHK's forecast return on equity (ROE) for 2021-2023?

(NYSE: MHK) forecast ROE is 13.94%, which is considered weak.
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