Home Sectors Consumer Cyclical Current Performance: Mohawk Industries (NYSE: MHK)

Current Performance: Mohawk Industries (NYSE: MHK)

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Mohawk Industries is part of the consumer cyclical sector and manufacturing apparel and furniture industry. The company CEO is Jeffrey S. Lorberbaum. Mohawk Industries Inc is a flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The company's business segments are Global Ceramic, Flooring North America and Flooring Rest of the World.

Previous Intraday Trading Performance:

The MHK stock showed a previous change of 0.25% with an open at 210.77 and a close of 210.96. It reached an intraday high of 212.64 and a low of 210.23.

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Liquidity:

The stock has a market cap of $15.7b with 74.6m shares outstanding, of which the float is 73.3m shares. Trading volume reached 554,276 shares compared to its average volume of 895,115 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Mohawk Industries shares returned 2.51% and in the past 30 trading days it returned 0.51%. Over three months, it changed -14.91%. In one year it has changed -11.93% and within that year its 52-week high was 286.85 and its 52-week low was 202.75. MHK stock is 4.05% above its 52 Week Low.

Our calculations show a 200 day moving average of 250.90 and a 50 day moving average of 220.88. Currently MHK stock is trading -15.92% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at 12.98 that ended on 2017-12-31, which according to the previous close, that is a PE of 16.25. Based on 8 analyst estimates, the consensus EPS for the next quarter is 3.01. The TTM EPS is 13.90, which comes to a TTM PE of 15.18. Historically, the PE high was 41.40 and the PE low was 15.18. MHK stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
03-31-2018:  3.01
12-31-2017:  3.42
09-30-2017:  3.75
06-30-2017:  3.72

Base on our calculations, the intrinsic value per share is 247.76, which means it is possibly undervalued and has a margin of safety of 14.85%

Indicators to Watch:

Based on the latest filings, there is 1.70% of insider ownership and 71.70% of institutional ownership. Short-interest is 1,315,456, which is 1.76% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.24. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.38

SeekingAlpha:  Daily Insider Ratings Round Up 5/17/18

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 14.63%, return on assets is 8.42%, profit margin is 10.15%, price-to-sales is 1.62 and price-to-book is 2.14.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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