MHK → $160.00 by Jul 27, 2026.

Mohawk Industries is a deeply undervalued cyclical flooring manufacturer with a broken near-term narrative as the housing recovery extends. The market is pricing permanent earnings impairment, but stable gross margins (23-25% over four years), strong FCF conversion (FCF/NI 1.67), and a conservative balance sheet (D/E 0.29) prove the business model is intact and margins can recover when housing turns. Current focus is cost cutting. Gross margin has been stable at 23.87%-25.08% over four years despite revenue declining 8.1% from $11.74B …