Professional
Added to YB: 2023-12-15
Pitch date: 2023-12-15
MHK [bullish]
Mohawk Industries, Inc.
+6.61%
current return
Author Info
No bio for this author
Company Info
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally.
Market Cap
$6.5B
Pitch Price
$105.52
Price Target
38.07 (-66%)
Dividend
N/A
EV/EBITDA
5.00
P/E
15.59
EV/Sales
0.77
Sector
Household Durables
Category
value
Ariel Focus Fund position - $MHK
$MHK facing headwinds: muted demand, margin pressure. But mgmt optimistic on housing recovery. Strong B/S & track record thru cycles. Poised for LT growth in resi remodel, new home & commercial. Trades -64% to our PMV estimate.
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