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MHK

Mohawk

$126.55

-0.91 (-0.71%)

06:39
01/11/19
01/11
06:39
01/11/19
06:39

Mohawk downgraded to Underperform from Sector Perform at RBC Capital

  • 08

    Feb

MHK Mohawk
$126.55

-0.91 (-0.71%)

10/29/18
RHCO
10/29/18
NO CHANGE
Target $135
RHCO
Buy
Mohawk price target lowered to $135 from $270 at SunTrust
SunTrust analyst Keith Hughes lowers his price target on Mohawk to $135 after its Q3 earnings miss that was "way below expectations" and produced a 24% drop in the "already beaten up stock". The analyst notes that the "softening demand" has "exacerbated the production takedown impact", while the company's North America sales mix has also been hurt by the "limited price realization". Hughes also lowers his FY19 EPS view to $12 from $16 but keeps his Buy rating, suggesting that investors may be too bearish given the management's track record of outperformance and the company's long term competitive position.
10/29/18
10/29/18
DOWNGRADE

Neutral
Mohawk downgraded to Neutral following quarterly results at Credit Suisse
As previously reported, Credit Suisse analyst Susan Maklari downgraded Mohawk to Neutral from Outperform following Q3 results below expectations and a lower Q4 guide. The analyst looks for pressures to persist as Mohawk works through production delays, price/cost headwinds, and weakening global demand.
12/03/18
WELS
12/03/18
NO CHANGE
WELS
China tariff deal a benefit for most building products companies, says Wells Fargo
Wells Fargo analyst Stephen East notes the White House announced that the U.S. would, for the time being, leave the tariff rate at 10% on $200B of Chinese goods, instead of bumping the rate to 25% on January 1st. Previously, the analyst had assumed the 25% tariff would create a material headwind for Masco (MAS), followed by American Woodmark (AMWD), Fortune Brands (FBHS) and Jeld-Wen (JELD) and PGT Innovations (PGTI), with little impact on Sherwin-Williams (SHW) and Owens Corning (OC). Mohawk (MHK) will have unquantified headwinds, but has the most U.S. manufacturing capacity, ultimately providing a net benefit versus peers, he adds. With the U.S. halting the hike to a 25% tariff rate, East believes Masco will receive the greatest reprieve, followed by Fortune Brands and Jeld-Wen. Net, he thinks the deal is a modest headwind for Mohawk's equity as Chinese flooring imports will remain more competitive.
12/19/18
ZELM
12/19/18
DOWNGRADE
ZELM
Hold
Mohawk downgraded to Hold from Buy at Zelman

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RVNC

Revance

$18.11

-2.11 (-10.44%)

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MRTX

Mirati Therapeutics

$62.51

-2.33 (-3.59%)

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  • 17

    Jan

BREW

Craft Brew

$15.50

0.19 (1.24%)

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ROX

Castle Brands

$0.91

0.0122 (1.36%)

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PRT

PermRock Royalty Trust

$9.61

-0.39 (-3.90%)

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GBCI

Glacier Bancorp

$42.87

1.36 (3.28%)

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ERJ

Embraer

$22.81

-0.59 (-2.52%)

20:34
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Embraer rating change at Morgan Stanley »

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AICAF

Air China

$0.00

(0.00%)

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Air China rating change at HSBC »

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CEA

China Eastern Airlines

$28.64

-0.09 (-0.31%)

20:26
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MS

Morgan Stanley

$44.48

1.59 (3.71%)

, BBT

BB&T

$47.55

1.2 (2.59%)

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MS

Morgan Stanley

$44.48

1.59 (3.71%)

BBT

BB&T

$47.55

1.2 (2.59%)

PPG

PPG

$102.58

1.58 (1.56%)

MTB

M&T Bank

$154.45

3.04 (2.01%)

KEY

KeyCorp

$16.75

0.44 (2.70%)

FAST

Fastenal

$54.11

-0.47 (-0.86%)

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    May

  • 18

    Oct

FDC

First Data

$21.27

3.72 (21.20%)

20:07
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First Data rating change at Goldman Sachs »

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  • 03

    Mar

VEON

Veon

$2.56

-0.03 (-1.16%)

19:44
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Veon rating change at VTB Capital »

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AMZN

Amazon.com

$1,682.84

7.84 (0.47%)

19:22
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  • 16

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GS

Goldman Sachs

$197.03

17.12 (9.52%)

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  • 03

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TSLA

Tesla

$346.03

1.78 (0.52%)

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CA makes up large portion of Tesla Model 3 registrations in 2018, Bloomberg says »

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  • 16

    Jan

CARS

Cars.com

$23.14

-0.26 (-1.11%)

, MNKD

MannKind

$1.32

-0.06 (-4.35%)

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Cars.com

$23.14

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MNKD

MannKind

$1.32

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FOLD

Amicus

$12.18

0.19 (1.58%)

FUL

H.B. Fuller

$43.35

0.09 (0.21%)

PLXS

Plexus

$54.88

1.195 (2.23%)

CSX

CSX

$65.36

0.27 (0.41%)

KMI

Kinder Morgan

$17.46

0.15 (0.87%)

AA

Alcoa

$29.02

0.13 (0.45%)

ACB

Aurora Cannabis

$7.33

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MRTX

Mirati Therapeutics

$62.51

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AAPL

Apple

$154.88

1.84 (1.20%)

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BAC

Bank of America

$28.44

1.89 (7.12%)

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BofA's global investment banking head to leave bank, FT reports »

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  • 16

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NEWR

New Relic

$90.47

1.38 (1.55%)

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TME

Tencent Music

$12.99

0.57 (4.59%)

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ASCMA

Ascent Capital

$0.40

-0.0499 (-11.09%)

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CMS

CMS Energy

$50.56

0.34 (0.68%)

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  • 10

    Feb

DTE

DTE Energy

$111.73

0.48 (0.43%)

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18:15
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Breaking General news story  »

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