Media coverage about Mohawk Industries (NYSE:MHK) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mohawk Industries earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.4085202388624 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Top Strategist Has 5 Growth Stock Portfolio Buys to Add Now (msn.com)
- FY2018 EPS Estimates for Mohawk Industries, Inc. Lifted by Jefferies Group (MHK) (americanbankingnews.com)
- Mohawk Industries (MHK) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Mohawk Industries (MHK) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Mohawk Industries, Inc. Forecasted to Post Q1 2018 Earnings of $3.17 Per Share (MHK) (americanbankingnews.com)
Mohawk Industries (MHK) traded up $0.42 on Monday, reaching $279.56. The company’s stock had a trading volume of 579,199 shares, compared to its average volume of 542,500. The company has a quick ratio of 0.77, a current ratio of 1.48 and a debt-to-equity ratio of 0.23. The stock has a market cap of $20,745.69, a PE ratio of 21.67, a price-to-earnings-growth ratio of 2.27 and a beta of 1.37. Mohawk Industries has a 52 week low of $206.74 and a 52 week high of $286.85.
Several research analysts recently weighed in on the stock. Northcoast Research assumed coverage on shares of Mohawk Industries in a research note on Thursday, October 5th. They issued a “buy” rating and a $295.00 target price for the company. Instinet reissued a “buy” rating and issued a $288.00 target price (up previously from $280.00) on shares of Mohawk Industries in a research note on Saturday, September 30th. Jefferies Group assumed coverage on shares of Mohawk Industries in a research note on Tuesday, December 12th. They issued a “buy” rating and a $330.00 target price for the company. Barclays boosted their target price on shares of Mohawk Industries from $285.00 to $301.00 and gave the company an “overweight” rating in a research note on Monday, October 30th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $310.00 target price (up previously from $303.00) on shares of Mohawk Industries in a research note on Monday. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $296.00.
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About Mohawk Industries
Mohawk Industries, Inc is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company’ segments include Global Ceramic, Flooring North America (Flooring NA) and Flooring Rest of the World (Flooring ROW). Its manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile and vinyl flooring.
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