MHK

Mohawk Industries Inc

Industrial/Transportation


Presented:01/25/2018
Price:$276.77
Cap:$20.71B
Current Price:$159.85
Cap:$10.09B

Presented

Date01/25/2018
Price$276.77
Market Cap$20.71B
Ent Value$21.19B
P/E Ratio21.46x
Book Value$91.33
Div Yield0%
Shares O/S74.84M
Ave Daily Vol506,882
Short Int1.53%

Current

Price$159.85
Market Cap$10.09B
Mohawk Industries, Inc. engages in manufacturing and distributing of residential and commercial flooring. It operates through the following segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The Global Ceramic segment offers selling of ceramic tile, stone floors, and stone countertops. The Flooring North America involves in designing, manufacturing, sourcing, distributing, and marketing floor covering product lines. The Flooring Rest of the World segment involves in designing, manufacturing, sourcing, distributing, and marketing laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards, and vinyl flooring products. The company was founded on December 22, 1988 and is headquartered in Calhoun, GA.

Publicly traded companies mentioned herein: Home Depot Inc (HD), Lowe’s Companies Inc (LOW), Mohawk Industries Inc (MHK)

Highlights

The presenter is long shares of Mohawk (MHK), expecting continued strength in flooring end-markets, capacity expansion at MHK, and favorable cost input dynamics specific to MHK. As a result, the presenter models $19.00 in 2018 EPS, a ~25% premium to Street models. The presenter believes MHK shares can appreciate to $450 over the next 18 months, from $280 today.

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Idea Discussion

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