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

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Analyst price target for MHK

Based on 12 analysts offering 12 month price targets for Mohawk Industries Inc.
Min Forecast
$90.00-11.84%
Avg Forecast
$128.08+25.46%
Max Forecast
$175.00+71.42%

Should I buy or sell MHK stock?

Based on 14 analysts offering ratings for Mohawk Industries Inc.
Hold
Strong Buy
2 analysts 14.29%
Buy
0 analysts 0%
Hold
9 analysts 64.29%
Sell
2 analysts 14.29%
Strong Sell
1 analysts 7.14%

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MHK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Bottom 8%
8
Strong SellMaintains$90.00-11.84%2022-10-31
Deutsche Bank
Bottom 20%
20
HoldMaintains$99.00-3.03%2022-10-20
Bank of America
Top 15%
86
SellDowngrades$100.00-2.05%2022-10-18
Goldman Sachs
Bottom 7%
7
Strong BuyMaintains$125.00+22.44%2022-10-12
Credit Suisse
Bottom 20%
20
HoldMaintains$140.00+37.13%2022-08-03
Wells Fargo
Bottom 16%
16
HoldMaintains$132.00+29.30%2022-08-02
Baird
Bottom 28%
28
HoldMaintains$140.00+37.13%2022-08-01
UBS
Top 22%
79
HoldMaintains$146.00+43.01%2022-08-01
RBC Capital
Top 32%
69
SellMaintains$101.00-1.07%2022-08-01
Raymond James
Top 1%
100
HoldDowngradesN/AN/A2022-08-01

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Forecast return on equity

Is MHK forecast to generate an efficient return?
Company
14.55%
Industry
-62.78%
Market
62.54%
MHK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MHK forecast to generate an efficient return on assets?
Company
8.24%
Industry
8.93%
MHK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MHK earnings per share forecast

What is MHK's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$14.49+446.79%
Avg 2 year Forecast
$13.85+422.64%
Avg 3 year Forecast
$16.50+522.64%
MHK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MHK revenue forecast

What is MHK's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$12.2B+3.3%
Avg 2 year Forecast
$12.2B+2.94%
Avg 3 year Forecast
$12.5B+5.81%
MHK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MHK earnings growth forecast

How is MHK forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
77.04%
Industry
33.98%
Market
17%
MHK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MHK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MHK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MHK revenue growth forecast

How is MHK forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
1.38%
Industry
1.5%
Market
6.8%
MHK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MHK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MHK vs Furnishings Fixture & Appliance Stocks

TickerPricePrice TargetUp/downsideConsensus
MHK$102.09$128.08+25.46%Hold
TPX$32.08$34.86+8.66%Strong Buy
WHR$146.12$165.00+12.92%Hold
FBHS$63.58$85.17+33.95%Buy
LEG$35.31$38.00+7.62%Buy

Mohawk Industries Stock Forecast FAQ

Is Mohawk Industries Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: MHK) stock is to Hold MHK stock.

Out of 14 analysts, 2 (14.29%) are recommending MHK as a Strong Buy, 0 (0%) are recommending MHK as a Buy, 9 (64.29%) are recommending MHK as a Hold, 2 (14.29%) are recommending MHK as a Sell, and 1 (7.14%) are recommending MHK as a Strong Sell.

If you're new to stock investing, here's how to buy Mohawk Industries stock.

What is MHK's earnings growth forecast for 2022-2024?

(NYSE: MHK) Mohawk Industries's forecast annual earnings growth rate of 77.04% is forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast earnings growth rate of 33.98%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17%.

Mohawk Industries's earnings in 2022 is $180,880,000.On average, 6 Wall Street analysts forecast MHK's earnings for 2022 to be $920,608,124, with the lowest MHK earnings forecast at $876,134,301, and the highest MHK earnings forecast at $966,352,627. On average, 6 Wall Street analysts forecast MHK's earnings for 2023 to be $879,946,343, with the lowest MHK earnings forecast at $638,517,022, and the highest MHK earnings forecast at $1,016,544,512.

In 2024, MHK is forecast to generate $1,048,311,528 in earnings, with the lowest earnings forecast at $1,048,311,528 and the highest earnings forecast at $1,048,311,528.

What is MHK's revenue growth forecast for 2022-2024?

(NYSE: MHK) Mohawk Industries's forecast annual revenue growth rate of 1.38% is not forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast revenue growth rate of 1.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Mohawk Industries's revenue in 2022 is $11,847,127,000.On average, 5 Wall Street analysts forecast MHK's revenue for 2022 to be $777,516,268,537, with the lowest MHK revenue forecast at $769,208,431,445, and the highest MHK revenue forecast at $788,571,698,378. On average, 5 Wall Street analysts forecast MHK's revenue for 2023 to be $774,805,017,256, with the lowest MHK revenue forecast at $717,991,742,229, and the highest MHK revenue forecast at $827,931,031,202.

In 2024, MHK is forecast to generate $796,399,091,120 in revenue, with the lowest revenue forecast at $796,399,091,120 and the highest revenue forecast at $796,399,091,120.

What is MHK's forecast return on assets (ROA) for 2022-2025?

(NYSE: MHK) forecast ROA is 8.24%, which is lower than the forecast US Furnishings Fixtures & Appliances industry average of 8.93%.

What is MHK's Price Target?

According to 12 Wall Street analysts that have issued a 1 year MHK price target, the average MHK price target is $128.08, with the highest MHK stock price forecast at $175.00 and the lowest MHK stock price forecast at $90.00.

On average, Wall Street analysts predict that Mohawk Industries's share price could reach $128.08 by Oct 31, 2023. The average Mohawk Industries stock price prediction forecasts a potential upside of 25.46% from the current MHK share price of $102.09.

What is MHK's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: MHK) Mohawk Industries's current Earnings Per Share (EPS) is $2.65. On average, analysts forecast that MHK's EPS will be $14.49 for 2022, with the lowest EPS forecast at $13.79, and the highest EPS forecast at $15.21. On average, analysts forecast that MHK's EPS will be $13.85 for 2023, with the lowest EPS forecast at $10.05, and the highest EPS forecast at $16.00. In 2024, MHK's EPS is forecast to hit $16.50 (min: $16.50, max: $16.50).

What is MHK's forecast return on equity (ROE) for 2022-2025?

(NYSE: MHK) forecast ROE is 14.55%, which is considered weak.
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