Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Mohawk Industries (MHK) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Mohawk Industries is a member of the Consumer Discretionary sector. This group includes 277 individual stocks and currently holds a Zacks Sector Ran ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Mohawk Industries, Inc. (MHK) has jumped 28.1% in the past three months, outperforming the Zacks Textile - Home Furnishing industry, the Zacks Consumer Discretionary sector, and the S&P 500 Index’s rise of 26.3%, 2.1% and 6.6%, respectively. Image Source: Zacks Investment Research Improving new residential construction trends and commercial business channels has been supporting MHK’s prospects. With potential rate cuts in the second half of 2024 or 2025, the company expects its demand to increase. Mohawk’s ...

The Good Brigade Summary Following my coverage of Mohawk Industries (NYSE:MHK) in May’24, which I recommended a buy rating as the path to growth recovery was clearer and that the market was reacting positively to the stock, this post is to provide an update on my thoughts on the business and stock. Before we get to it, just to give an update on performance, MHK traded up to $164 (~38% upside from the date of my last post) and is now trading at my previous target price of ~$143. I remain buy-rated for MH ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

业绩总结 - Mohawk 公司在 Q2 2024 实现了 28 亿美元的净销售额[64] - 调整后的每股收益为 3 美元，同比增长 8.7%[56] - Mohawk 公司的 Q3 调整后每股收益指导范围为 2.8 到 2.9 美元，不包括重组或其他一次性费用[97] - 2024年第二季度，Mohawk Industries, Inc.的调整后营业收入为11.0%[130] - 2024年第二季度，Mohawk Industries, Inc.的调整后营业亏损为55.7[131] - 2024年第二季度，Mohawk Industries, Inc.的调整后净利润为9.53美元[133] 全球陶瓷部门 - 全球陶瓷部门的销售额为 11.16 亿美元，同比下降 3.4%[74] - 2023年全球陶瓷销售额为43.0亿美元，同比下降0.2%[104] - 2024年调整后全球陶瓷净销售额为1121.5亿美元[108] - 2024年调整后全球陶瓷调整后运营收入为256.7亿美元，占净销售额的9.2%[112] - 2024年调整后全球陶瓷调整后EBITDA为383.8亿美元，占净销售额的14.5%[122] 地板部门 - 北美地板部门的销售额为 9.59 亿美元，同比下降 4.3%[74] - ROW 地板部门的销售额为 7.27 亿美元，同比下降 8.3%[74] - 2023年地板北美销售额为38.3亿美元，同比下降9.0%[104] - 2024年调整后地板ROW净销售额为737.7亿美元[110] - 2024年调整后地板NA调整后运营收入为82.0亿美元，占净销售额的8.6%[114] - 2024年调整后地板ROW调整后运营收入为25.8亿美元，占净销售额的12.6%[115]

Key TakeawaysFlooring manufacturer Mohawk Industries reported second-quarter revenue and earnings in line with analysts' expectations.Meanwhile, Bank of America analysts upgraded the stock to "buy" from "underperform," lifting their share-price target.The stock jumped Friday, pulling its year-to-date gain above 50%. Shares of Mohawk Industries (MHK) surged Friday after the company reported second-quarter financial results — and got a bullish pat on the back from analysts at Bank of America. Mohawk's stock, ...

财务数据和关键指标变化 - 第二季度销售额为28亿美元,同比下降5.1% [9] - 调整后每股收益为3美元,同比增长9% [9] - 第二季度自由现金流为1.42亿美元,年初至今为2.39亿美元 [10] - 第二季度公司回购了755,000股股票,约占总股本的1.2%,花费9000万美元 [10] 各条业务线数据和关键指标变化 - 全球陶瓷业务销售额为11亿美元,同比下降3.4% [28] - 北美地板业务销售额为9.59亿美元,同比下降4.3% [30] - 其他地区地板业务销售额为7.27亿美元,同比下降8.3% [32] 各个市场数据和关键指标变化 - 商业渠道持续优于住宅,但住宅市场出现一些疲软 [12] - 住宅装修市场受到最大压力,消费者推迟大型可选购买 [13] - 欧洲能源价格同比下降,有利于提高消费者可支配支出 [45] - 拉美市场仍然艰难,但墨西哥和巴西采取了销售和运营改善措施 [46] 公司战略和发展方向及行业竞争 - 公司正在优化制造、仓储和行政管理,以提高效率和降低成本 [16][17] - 公司正在投资于产品差异化,提升产品视觉效果和尺寸规格 [42][44] - 美国对从印度进口的陶瓷瓷砖启动反倾销和反补贴调查,可能导致400%-800%的关税 [43] - 公司正在采取措施应对进口产品带来的竞争压力,如提价和优化产品组合 [46] 管理层对经营环境和未来前景的评论 - 公司预计第三季度经营环境将继续疲软,利率高企、通胀和住房销售疲软将持续影响市场 [55][57] - 公司认为当前市场环境将持续到第三季度,但有信心在市场复苏时充分受益 [59][64] - 公司预计当利率下降和消费者信心提升时,住宅装修将成为行业复苏的主要动力 [59] 其他重要信息 - 公司第二季度再次被美国《今日美国》评为气候领袖企业 [21] - 公司发布了第15份年度可持续发展报告 [21] - 公司计划2024年资本支出约4.8亿美元,折旧摊销约6.3亿美元 [37] - 公司第二季度购买了约90万股股票,占总股本1.2% [10] 问答环节重要的提问和回答 问题1 **Eric Bosshard 提问** 为什么现在进行新一轮的成本优化和产能调整 [61] **Jeffrey Lorberbaum 回答** 公司认为市场复苏需要一定时间,通过进一步降低成本来优化短期利润,同时为未来复苏做好准备 [62][64][65] 问题2 **David MacGregor 提问** 新一轮成本优化措施在各业务板块的分布情况 [68][69] **James Brunk 回答** 新一轮成本优化措施将在各业务板块中实施,其中北美地板业务将获得较多收益 [69][70] 问题3 **Susan Maklari 提问** 公司在产品差异化和提升方面的举措,以及对未来业绩的影响 [78][79][80] **Jeffrey Lorberbaum 回答** 公司正在各产品线投入新技术,提升产品外观、质地和功能,以满足不同消费群体需求,有助于在市场复苏时提升利润率 [80][81][82][83]

For the quarter ended June 2024, Mohawk Industries (MHK) reported revenue of $2.8 billion, down 5.1% over the same period last year. EPS came in at $3.00, compared to $2.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.84 billion, representing a surprise of -1.47%. The company delivered an EPS surprise of +8.70%, with the consensus EPS estimate being $2.76.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...