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These Analysts Cut Their Forecasts On Mohawk Industries After Q3 Results

These Analysts Cut Their Forecasts On Mohawk Industries After Q3 Results

這些分析師在莫霍克工業公司發佈第三季度業績後調低了他們的預測
Benzinga ·  10/28 22:59

Mohawk Industries, Inc. (NYSE:MHK) reported better-than-expected results for its third quarter, after the closing bell on Thursday.

莫霍克工業公司(NYSE: MHK)週四收盤後公佈其第三季度業績好於預期。

The company posted quarterly earnings of $2.90 per share which beat the analyst consensus estimate of $2.89 per share. The company reported quarterly sales of $2.719 billion which beat the analyst consensus estimate of $2.700 billion.

公司第三季度每股盈利爲2.90美元,超過了分析師一致預期的2.89美元。公司第三季度銷售額爲27.19億美元,超過了分析師一致預期的27億美元。

Chairman and CEO Jeff Lorberbaum stated, "We delivered a solid performance in soft market conditions, which reflects the positive impact of our sales initiatives, productivity and restructuring actions as well as lower input costs, partially offset by pricing and mix pressure. Due to our increased earnings and management of working capital, we generated free cash flow of $204 million in the quarter, for a total of $443 million year to date. This year, we are investing approximately $450 million in capital projects focused on growth, reducing costs and asset maintenance."

董事長兼首席執行官Jeff Lorberbaum表示:「在市場疲軟的條件下,我們取得了穩健的業績,這反映了我們銷售倡議、生產力和重組行動的積極影響,以及較低的成本,部分抵消了價格和混合壓力。由於我們的盈利增加和營運資本的管理,我們在本季度實現了20400萬美元的自由現金流,截至目前年度累計爲44300萬美元。今年,我們將投資約45000萬美元用於以增長、降低成本和資產維護爲重點的資本項目。」

Mohawk shares gained 2.6% to trade at $134.23 on Monday.

莫霍克股價於週一上漲了2.6%,報134.23美元。

These analysts made changes to their price targets on Mohawk following earnings announcement.

這些分析師在莫霍克發佈盈利公告後對其價格目標進行了調整。

  • Truist Securities analyst Keith Hughes maintained Mohawk Industries with a Buy and lowered the price target from $184 to $155.
  • Barclays analyst Matthew Bouley maintained the stock with an Equal-Weight and cut the price target from $161 to $146.
  • Truist Securities的分析師Keith Hughes維持買入評級,將莫霍克工業公司的目標股價從184美元降低到155美元。
  • 巴克萊銀行的分析師Matthew Bouley維持股票的均衡評級,將目標股價從161美元降低到146美元。

Considering buying MHK stock? Here's what analysts think:

考慮買入MHK股票嗎?以下是分析師的看法:

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譯文內容由第三人軟體翻譯。


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