Mohawk Industries, Inc. (MHK) Rating Lowered to Sell at Zacks Investment Research

Lloyd Doyle
October 13, 2017

52,087 shares of the company's stock traded hands. Petroquest Energy Inc (NYSE:PQ) has declined 1.72% since October 12, 2016 and is downtrending. It has outperformed by 3.62% the S&P500. Wells Fargo & Company MN now owns 596,358 shares of the company's stock valued at $144,133,000 after acquiring an additional 351,457 shares in the last quarter. Icici Bk Ltd now has $26.59B valuation. (CHTR) price hitting a mean target of $0 a share, meaning the stock still has potential that could drag the price another -100% Also, the recent close suggests the stock is underpriced by 30.37% compared to the most bullish target.

About 107,934 shares traded. Exactech, Inc. (NASDAQ:EXAC) has risen 21.62% since October 11, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

PEDEVCO Corp.is an energy company, which is engaged in the acquisition, exploration, development and production of oil and natural gas shale plays in the Denver-Julesberg Basin in Colorado. It also upped Republic Svcs Inc (NYSE:RSG) stake by 7,140 shares and now owns 54,762 shares.

Stericycle, Inc.is a business-to-business services provider.

Among 16 analysts covering Mohawk (NYSE:MHK), 13 have Buy rating, 0 Sell and 3 Hold. 8,000 shares were sold by KOGAN RICHARD J, worth $575,350. The First Citizens Bank & Trust Co holds 12,484 shares with $3.02M value, up from 3,566 last quarter. CL's profit will be $642.97M for 25.57 P/E if the $0.73 EPS becomes a reality.

Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.15, from 1.24 in 2017Q1. 62 funds opened positions while 158 raised stakes. Raymond James Fin Services Advsr Incorporated reported 0.19% stake. Gilman Hill Asset Management Limited Liability invested in 2,631 shares or 0.28% of the stock. Highbridge Cap Mgmt Llc has invested 0.08% in Stericycle Inc (NASDAQ:SRCL). 2,900 are held by Ellington Mgmt Grp Inc Ltd Liability. Central Comml Bank Trust owns 0.02% invested in Colgate-Palmolive Company (NYSE:CL) for 1,100 shares. Fny Managed Accounts Lc holds 5.1% or 6,655 shares in its portfolio. The share price has already crossed its 20 days moving average, floating at a distance of 1.94% and sits 2.28% higher versus its 50 days moving average. Salem Counselors, North Carolina-based fund reported 3 shares. 90,165 were accumulated by Autus Asset Mngmt Llc. (NYSE:MHK). 23,930 are owned by Nicholas Invest Ptnrs Ltd Partnership. Cannell Peter B has 0.92% invested in Colgate-Palmolive Company (NYSE:CL). (NYSE:MHK). 38,875 are held by Aviva Public Ltd. Neuberger Berman Group Limited Company holds 70,957 shares. Therefore 17% are positive. Mohawk had 34 analyst reports since August 10, 2015 according to SRatingsIntel. (NYSE:MHK) rating on Monday, November 9. Jefferies has "Hold" rating and $79.0 target. On Monday, December 14 the stock rating was downgraded by Howard Weil to "Sector Perform". Stifel Nicolaus has "Buy" rating and $270.0 target. As per Monday, February 13, the company rating was maintained by Stifel Nicolaus. The stock now has an average rating of "Buy" and an average target price of $270.33. The firm has "Buy" rating by Stifel Nicolaus given on Friday, July 28. The stock of Secure Energy Services Inc (TSE:SES) earned "Buy" rating by TD Securities on Friday, November 4. Barclays Capital maintained it with "Outperform" rating and $242 target in Tuesday, October 13 report. (NYSE:MHK) rating on Thursday, August 31. The stock of Colgate-Palmolive Company (NYSE:CL) has "Outperform" rating given on Monday, January 18 by BNP Paribas. Jpmorgan Chase & Co (NYSE:JPM) was raised too.

Since June 9, 2017, it had 0 insider buys, and 3 insider sales for $1.82 million activity. The insider Patton Rodney David sold 387 shares worth $93,654. On Friday, June 9 the insider HELEN SUZANNE L sold $1.49M.

08/01/2017 - Mohawk Industries, Inc. had its "buy" rating reiterated by analysts at MKM Partners. Therefore 33% are positive. Petroquest Energy Inc. had 19 analyst reports since July 21, 2015 according to SRatingsIntel. The stock's market cap is $17.53 billion. M Partners maintained it with "Buy" rating and $255 target in Wednesday, April 19 report. The stock has "Buy" rating by Goldman Sachs on Monday, October 24. The Egerton Capital Uk Llp holds 855,589 shares with $206.79M value, down from 1.43 million last quarter.


Mohawk Industries, Inc is a flooring manufacturer that creates products for residential and commercial spaces around the world. On Thursday, September 29 the stock rating was initiated by Wells Fargo with "Market Perform".

09/28/2017 - Mohawk Industries, Inc. had its "buy" rating reiterated by analysts at Instinet. (NYSE:MHK) was down -0.33% during the last day of trading, with a day high of 257.97.

Analysts expect Petroquest Energy Inc (NYSE:PQ) to report $-0.18 EPS on October, 30.They anticipate $0.64 EPS change or 78.05% from last quarter's $-0.82 EPS.

Mohawk Industries, Inc. (MHK) remained successful in beating the consensus-estimated $3.6 as it actually earned $3.72 per share in its last reported financial results.

Investors sentiment decreased to 1.09 in Q2 2017. Its down 0.15, from 1.24 in 2017Q1. It turned negative, as 48 investors sold Stericycle Inc shares while 185 reduced holdings.

03/20/2017 - Mohawk Industries, Inc. had its "overweight" rating reiterated by analysts at Barclays. (NYSE:MHK). Louisiana State Employees Retirement stated it has 3,900 shares. 49,637 were reported by Hsbc Holdings Pcl. Bancorporation Of Ny Mellon Corporation invested 0.03% in Mohawk Industries, Inc. The Japan-based Meiji Yasuda Life Insur Co has invested 0.24% in Mohawk Industries, Inc. (NYSE:MHK). State Of New Jersey Common Pension Fund D has 68,250 shares. Nomura Asset Limited has 8,412 shares for 0.03% of their portfolio.

12/16/2016 - Macquarie began new coverage on Mohawk Industries, Inc. giving the company a "outperform" rating. (NYSE:MHK) for 1.21 million shares.

Teton Advisors Inc increased Exactech Inc Com (EXAC) stake by 7.7% reported in 2017Q2 SEC filing. Following the sale, the vice president now owns 6,924 shares of the company's stock, valued at approximately $1,708,704.72.

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