Entering text into the input field will update the search result below

Mohawk Industries Reached Potential Flooring At A Reasonable Price

May 02, 2022 10:08 AM ETMohawk Industries, Inc. (MHK)3 Comments
InvestOhTrader profile picture


  • Mohawk Industries posted a declining revenue source in the Russia region relative to its total revenue, making it susceptible to operating disruption.
  • Potential peace talks between Russia and Ukraine, on the other hand, could result in an increase in demand for the company.
  • It enjoys a double-digit year-over-year revenue growth and a controlled outlook for operating costs from the management.
  • The company benefits from strong catalysts like expanding its capacity globally, aided by a robust buyback program and a positive insider trading by management.
  • Mohawk Industries is trading cheaply at a trailing P/E ratio of 9.13x and is sitting at a logical support.

Tile flooring samples on display

bbourdages/iStock via Getty Images

Employing more than 43,000 individuals and generating an annual revenue of more than $11 billion as of April 2022, Mohawk Industries, Inc. (NYSE:MHK) is a global leader in the manufacturing and distribution of flooring

This article was written by

InvestOhTrader profile picture
Hi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjoy surfing and riding the trends about equity, currencies and cryptocurrency. With a little over 5 years of experience in the market, I enjoy keeping my mind open to fresh ideas from different investment viewpoints since it allows me to expand my knowledge in this wild, but always energizing investing industry. PS. I apologize if I am unable to respond to your feedback immediately. However, when I have free time, I read through it all and enjoy reading both positive and negative feedback. Thank you!

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MHK either through stock ownership, options, or other derivatives. 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 business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (3)

pat45 profile picture
The book value ($130) and earnings look good, chart slowly turning up in this terrible market
The chart does look good
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.