Searching For Real Value In Market Debris At Mohawk Industries, Inc. (NYSE: MHK)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted Mohawk Industries Reports Q4 Results.

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Stocks Info

As a NYSE listed company, MHK falls under the Consumer Cyclical sector while operating within the Furnishings, Fixtures & Appliances industry segment. The current market capitalization of Mohawk Industries, Inc. is $7.70B. A total of 0.67 million shares were traded on the day, compared to an average of 837.38K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the 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 1 BUYs and 4 SELLs from insiders. Insiders purchased 30,000 shares during that period but sold 37,879.

In the most recent transaction, Brunk James sold 4,007 shares of MHK for 117.43 per share on Feb 28. After the transaction, the CFO – VP FINANCE now owns 18,902 company shares. In a previous transaction on Dec 14, HELEN SUZANNE L sold 4,500 shares at 107.01 per share. MHK shares that Possible Member of Group owns now total 4,453.

Among the insiders who sold shares, HELEN SUZANNE L disposed of 5,500 shares on Dec 13 at a per-share price of $94.09. This resulted in the Possible Member of Group holding 8,953 shares of MHK after the transaction. In another insider transaction, Patton Rodney David sold 279 shares at $83.91 per share on Nov 17. Company shares held by the VP BUSINESS STRATEGY now total 14,208.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, MHK has a high of $122.51 and a low of $76.02.

As of this writing, MHK has an earnings estimate of $1.68 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.72 per share and a lower estimate of $1.6. The company reported an EPS of $2.72 in the last quarter, which was 2.60% higher than expectations of $2.65.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $119.70, 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.

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