Raymond James analyst Sam Darkatsh maintained a Buy rating on Mohawk on Tuesday, setting a price target of $200, which is approximately 18.15% above the present share price of $169.28.
Darkatsh expects Mohawk to post earnings per share (EPS) of $3.50 for the first quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Mohawk, with an average price target of $159.25.
The analysts price targets range from a high of $200 to a low of $130.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.64 billion and a net profit of $282.73 million. The company's market cap is $12.05 billion.
According to TipRanks.com, Raymond James analyst Sam Darkatsh is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.6% and a 54.78% success rate.
Mohawk Industries (NYSE:MHK), Inc. engages in the manufacture, design, and distribution of residential and commercial flooring products. It operates through the following segments: Global Ceramic, Flooring North America (NA), and Flooring Rest of the World (ROW). The Global Ceramic segment comprises ceramic, porcelain, and natural stone tile products used for wall and floor applications. The Flooring NA segment includes floor covering product lines, in a broad range of colors, textures, and patterns. The Flooring ROW segment consists of laminate, hardwood flooring, and vinyl flooring products, roofing elements, insulation boards, medium-density fiberboard, and chipboards. The company was founded on December 22, 1988 and is headquartered in Calhoun, GA.