The Latest Breaking News from MHK

Mohawk Industries has underperformed the building and construction industry over the past year, but analysts are moderately optimistic about the stock’s prospects.

Mohawk Industries has outpaced the broader market over the past year, and analysts remain moderately bullish on the stock’s prospects.

The home improvement industry promises long-term growth due to rising home starts, growing disposable incomes, falling mortgage rates, and increasing interest in remodeling projects. Given their solid growth prospects, investors could consider buying fundamentally strong home improvement stocks: Mohawk Industries (MHK), Lifetime Brands (LCUT), Alarm.com (ALRM), and Hamilton Beach Brands…

The future of the home improvement industry looks promising with evolving consumer preferences, steady market growth, and a surge in Gen Z homeownership. Hence, fundamentally strong home improvement stocks, Kingfisher plc (KGFHY), Mohawk Industries (MHK), and Hooker Furnishings Corporation (HOFT), with massive growth potential, might be ideal buys now. Read…

With rapid urbanization, rising disposable incomes, and shifting consumer preferences toward automated and sustainable solutions, the home improvement and goods industry is poised for significant long-term growth. Hence, it could be wise to buy top home improvement stocks Hooker Furniture (HOFT), Mohawk Industries (MHK), and HNI Corporation (HNI) this year.…

Campaigners have hailed a “historic vote” on assisted dying which they said puts the Isle of Man on the path to becoming the first part of the…

Pro-change campaigners hailed a ‘historic vote’ but Care Not Killing called it a ‘dangerous and ideological policy’.

Mohawk Industries Inc (NYSE:MHK) has agreed to acquire the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for about $293 million in cash. Vitromex was founded in 1967 and includes four manufacturing facilities strategically located throughout Mexico. Mohawk expects the acquisition to enhance its customer base, manufacturing efficiencies, and logistical capabilities. Vitromex's product…

Raymond James has decided to maintain its Strong Buy rating of Mohawk Industries (NYSE:MHK) and lower its price target from $220.00 to $190.00. Shares of Mohawk Industries are trading up 0.59% over the last 24 hours, at $125.44 per share.