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0 0.00103392816113977 -0.000268055449184319 0.00103392816113977 0.00493987899211159 0.0118710270353068 0.0146281687983457 0.0152791606035077
Stock impact report

Mohawk Industries: No Reason For Major Optimism Yet [Seeking Alpha]

Mohawk Industries, Inc. (MHK) 
Last mohawk industries, inc. earnings: 2/13 04:10 pm Check Earnings Report
US:NYSE Investor Relations: mohawkind.com/corporateiroverview.aspx
Company Research Source: Seeking Alpha
Productivity improvements and restructuring have stabilized earnings somewhat, but price competition still weighs on MHK's margin level. The short- to mid-term outlook remains volatile as a major housing market recovery hasn't been seen yet. I estimate MHK stock to have 11% base scenario upside to $146.6, representing a fair margin of safety. Nazar Rybak/E+ via Getty Images Mohawk Industries, Inc. ( MHK ) reported the company's Q4 results on the 12th of February. The flooring manufacturer's results still reflect clear industry weakness; a slow housing market clearly weighs on Mohawk's sales, also pressuring margins This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busin Show less Read more
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