Mohawk Industries Stock Today
| MHK Stock | USD 111.40 2.04 1.80% |
Performance6 of 100
| Odds Of DistressLess than 25
|
Mohawk Industries is selling for 111.40 as of the 25th of April 2024. This is a -1.8 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 110.04. Mohawk Industries has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mohawk Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. Mohawk Industries, Inc. The company has 63.86 M outstanding shares of which 1.87 M shares are now shorted by investors with about 3.12 days to cover. More on Mohawk Industries
Moving together with Mohawk Stock
| 0.8 | ETD | Ethan Allen Interiors Financial Report 7th of August 2024 | PairCorr |
Moving against Mohawk Stock
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| 0.53 | LEG | Leggett Platt rporated Earnings Call This Week | PairCorr |
| 0.48 | IRBT | iRobot Financial Report 14th of May 2024 | PairCorr |
Mohawk Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mohawk Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mohawk Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Mohawk Industries (MHK) is traded on New York Stock Exchange in USA. It is located in 160 South Industrial Boulevard, Calhoun, GA, United States, 30701 and employs 43,300 people. Mohawk Industries is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mohawk Industries's market, we take the total number of its shares issued and multiply it by Mohawk Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mohawk Industries runs under Household Durables sector within Consumer Discretionary industry. The entity has 63.86 M outstanding shares of which 1.87 M shares are now shorted by investors with about 3.12 days to cover.
Mohawk Industries has about 509.62 M in cash with 1.32 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.7.
Check Mohawk Industries Probability Of Bankruptcy
Ownership AllocationMohawk Industries holds a total of 63.86 Million outstanding shares. The majority of Mohawk Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mohawk Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mohawk Industries. Please pay attention to any change in the institutional holdings of Mohawk Industries as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Mohawk Ownership Details
Mohawk Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Mohawk Industries jumping above the current price in 90 days from now is about 76.8%. The Mohawk Industries probability density function shows the probability of Mohawk Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2047. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Mohawk Industries will likely underperform. Additionally, mohawk Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Mohawk Industries to move above the current price in 90 days from now is about 76.8 (This Mohawk Industries probability density function shows the probability of Mohawk Stock to fall within a particular range of prices over 90 days) .
Mohawk Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mohawk Industries market risk premium is the additional return an investor will receive from holding Mohawk Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mohawk Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mohawk Industries' alpha and beta are two of the key measurements used to evaluate Mohawk Industries' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0451 |
Mohawk Stock Against Markets
Picking the right benchmark for Mohawk Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mohawk Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mohawk Industries is critical whether you are bullish or bearish towards Mohawk Industries at a given time. Please also check how Mohawk Industries' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Mohawk Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Mohawk Industries Corporate Directors
Mohawk Industries corporate directors refer to members of a Mohawk Industries board of directors. The board of directors generally takes responsibility for the Mohawk Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mohawk Industries' board members must vote for the resolution. The Mohawk Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Engquist | Independent Director | Profile | |
| Jerry Burris | Independent Director | Profile | |
| Filip Balcaen | Independent Director | Profile | |
| Joseph Onorato | Independent Director | Profile |
How to buy Mohawk Stock?
Before investing in Mohawk Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mohawk Industries. To buy Mohawk Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mohawk Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mohawk Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mohawk Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mohawk Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mohawk Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mohawk Stock please use our How to Invest in Mohawk Industries guide.
Already Invested in Mohawk Industries?
The danger of trading Mohawk Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mohawk Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mohawk Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mohawk Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.Note that the Mohawk Industries information on this page should be used as a complementary analysis to other Mohawk Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Mohawk Stock analysis
When running Mohawk Industries' price analysis, check to measure Mohawk Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mohawk Industries is operating at the current time. Most of Mohawk Industries' value examination focuses on studying past and present price action to predict the probability of Mohawk Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mohawk Industries' price. Additionally, you may evaluate how the addition of Mohawk Industries to your portfolios can decrease your overall portfolio volatility.
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Is Mohawk Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.