After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Mohawk Industries Reports Q4 Results.
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Stocks Info
This NYSE-listed company operates within the Furnishings, Fixtures & Appliances industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Mohawk Industries, Inc. is $7.35B. A total of 0.7 million shares were traded on the day, compared to an average of 905.30K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, MHK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 22 SELLs from insiders. Insiders purchased 70,398 shares during that period but sold 56,553.
In the most recent transaction, HELEN SUZANNE L sold 4,500 shares of MHK for 107.01 per share on Dec 14. After the transaction, the Possible Member of Group now owns 4,453 company shares. In a previous transaction on Dec 13, HELEN SUZANNE L sold 5,500 shares at 94.09 per share. MHK shares that Possible Member of Group owns now total 8,953.
Among the insiders who sold shares, Patton Rodney David disposed of 279 shares on Nov 17 at a per-share price of $83.91. This resulted in the VP BUSINESS STRATEGY holding 14,208 shares of MHK after the transaction. In another insider transaction, LORBERBAUM JEFFREY S sold 25,000 shares at $86.34 per share on Nov 14. Company shares held by the CHIEF EXECUTIVE OFFICER now total 14,200.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MHK in the last 3 months, the mean price target is $120.43 with high estimates of $152.00 and low estimates of $100.00. In terms of 52-week highs and lows, MHK has a high of $118.36 and a low of $76.02.
As of this writing, MHK has an earnings estimate of $McKesson Corporation per share for the current quarter. EPS was calculated based on a consensus of Merck & Company, Inc. estimates, with a high estimate of $Mohawk Industries, Inc. per share and a lower estimate of $Chesapeake Energy Corporation.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MHK’s latest balance sheet shows that the firm has $591.89M in Cash & Short Term Investments as of fiscal 2021. There were $2.73B in debt and $2.95B in liabilities at the time. Its Book Value Per Share was $114.09, while its Total Shareholder’s Equity was $8.43B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MHK is Buy with a score of 3.36.
