Joseph Onorato - Mohawk Industries Independent Director

MHK Stock  USD 109.95  1.07  0.98%   

Director

Mr. Joseph A. Onorato is an Independent Director of Mohawk Industries, Inc. Mr. Onorato was a director of the Company since February 2008. From July 1998 until his retirement in September 2000, Mr. Onorato served as Senior Vice President and Chief Financial Officer for the Automotive Aftermarket Group of Dana Corporationrationration, a global leader in the engineering, manufacturing and distribution of components and systems for worldwide vehicular and industrial manufacturers. In July 1998, Dana Corporation merged with Echlin, Inc., a worldwide manufacturer of motor vehicle parts. At the time of the merger, Mr. Onorato was Senior Vice President and Chief Financial Officer for Echlin. While at Echlin, he also served as Treasurer from 1990 to 1994 and as Vice President and Treasurer from 1994 to 1997. He is a certified public accountant and previously worked with PricewaterhouseCoopers. Since his retirement from Dana Corporationrationration, Mr. Onorato has consulted with a private equity firm on acquisitions. Mr. Onorato also served on the board of directors for Affinia Group Intermediate Holdings, Inc., a motor vehicle components manufacturer, where he was chairman of the Audit Committee, as well as the board of BPI Holdings International, Inc., a motor vehicle components manufacturer. In addition, Mr. Onorato serves as a member of the Advisory Board of the School of Business at Quinnipiac University. since 2008.
Age 72
Tenure 16 years
Address 160 South Industrial Boulevard, Calhoun, GA, United States, 30701
Phone706 629 7721
Webhttps://www.mohawkind.com

Mohawk Industries Management Efficiency

The company has Return on Asset of 0.0368 % which means that on every $100 spent on assets, it made $0.0368 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0562) %, meaning that it generated no profit with money invested by stockholders. Mohawk Industries' management efficiency ratios could be used to measure how well Mohawk Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.13 this year, although the value of Return On Tangible Assets are projected to rise to (0.04). At this time, Mohawk Industries' Total Current Liabilities is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 373.5 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 7 B.
The company has 3.15 B in debt with debt to equity (D/E) ratio of 0.34, which is OK given its current industry classification. Mohawk Industries has a current ratio of 1.48, which is typical for the industry and considered as normal. Debt can assist Mohawk Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Mohawk Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mohawk Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mohawk to invest in growth at high rates of return. When we think about Mohawk Industries' use of debt, we should always consider it together with cash and equity.

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Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. Mohawk Industries, Inc. was incorporated in 1988 and is headquartered in Calhoun, Georgia. Mohawk Industries operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 43000 people. Mohawk Industries (MHK) is traded on New York Stock Exchange in USA. It is located in 160 South Industrial Boulevard, Calhoun, GA, United States, 30701 and employs 43,300 people. Mohawk Industries is listed under Household Durables category by Fama And French industry classification.

Management Performance

Mohawk Industries Leadership Team

Elected by the shareholders, the Mohawk Industries' board of directors comprises two types of representatives: Mohawk Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mohawk. The board's role is to monitor Mohawk Industries' management team and ensure that shareholders' interests are well served. Mohawk Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mohawk Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Lorberbaum, Chairman of the Board, Chief Executive Officer
John Engquist, Independent Director
Jerry Burris, Independent Director
Brian Carson, President of Carpet
R Patton, Vice President - Business Strategy, General Counsel, Secretary
Filip Balcaen, Independent Director
Shailesh Bettadapur, VP Treasurer
Malisa Maynard, Chief Officer
Wim Messiaen, President World
James Brunk, Chief Accounting Officer and Corporate Controller
Frank Boykin, Chief Financial Officer
William Wellborn, President, Chief Operating Officer, Director
Joseph Onorato, Independent Director
William Runge, Independent Director
Steven Lee, Chief Accounting Officer, Corporate Controller
John Turner, President - Dal-Tile Business Unit
Claudio Coni, Chief Officer
Richard Ill, Independent Director
John Fiedler, Independent Director
David Patton, Vice President - Business Strategy, General Counsel, Secretary
Richard C, Independent Director
Paul Cock, President - Flooring North America
Bernard Thiers, President of Laminate and Wood
Bogart Pilkington, Independent Director
Frans Cock, Director
Bruce Bruckmann, Independent Director
William Harkins, Chief Controller
Clifford Suing, Interim Chief Accounting Officer, Corporate Controller
Karen Bogart, Independent Director
Glenn Landau, Chief Financial Officer, Executive Vice President
Rodney Patton, General Strategy

Mohawk Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mohawk Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Mohawk Industries Investors Sentiment

The influence of Mohawk Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mohawk. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mohawk Industries' public news can be used to forecast risks associated with an investment in Mohawk. The trend in average sentiment can be used to explain how an investor holding Mohawk can time the market purely based on public headlines and social activities around Mohawk Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mohawk Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mohawk Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mohawk Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mohawk Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mohawk Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mohawk Industries' short interest history, or implied volatility extrapolated from Mohawk Industries options trading.

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When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
Note that the Mohawk Industries information on this page should be used as a complementary analysis to other Mohawk Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Mohawk Industries' price analysis, check to measure Mohawk Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mohawk Industries is operating at the current time. Most of Mohawk Industries' value examination focuses on studying past and present price action to predict the probability of Mohawk Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mohawk Industries' price. Additionally, you may evaluate how the addition of Mohawk Industries to your portfolios can decrease your overall portfolio volatility.
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Is Mohawk Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.194
Earnings Share
(6.90)
Revenue Per Share
174.924
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0368
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.