Robert W. Baird Stick to Their Hold Rating for Mohawk By Investing.com

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Robert W. Baird Stick to Their Hold Rating for Mohawk

Published Aug 01, 2021 02:47AM ET

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Robert W. Baird analyst Timothy Wojs maintained a Hold rating on Mohawk on Thursday, setting a price target of $225, which is approximately 15.44% above the present share price of $194.9.

Wojs expects Mohawk to post earnings per share (EPS) of $0.00 for the third quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Mohawk, with an average price target of $218.29.
The analysts price targets range from a high of $240 to a low of $154.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.95 billion and a net profit of $404.42 million. The company's market cap is $13.59 billion.

According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.7% and a 54.95% 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.

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