Barclays (LON:BARC) analyst Matthew Bouley maintained a Buy rating on Mohawk Industries (NYSE:MHK) on Monday, setting a price target of $128, which is approximately 11.61% above the present share price of $114.69.
Bouley expects Mohawk Industries to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Mohawk Industries, with an average price target of $108.82.
The analysts price targets range from a high of $145 to a low of $86.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.57 billion and a net profit of $262.74 million. The company's market cap is $8.17 billion.
According to TipRanks.com, Barclays analyst Matthew Bouley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.6% and a 59.01% success rate.
Mohawk Industries, 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.