This week's biggest % winners & losers: Oct 25 - 29, 2021 (wk 43)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: CARA (16.49 +29.84%), SLP (50.44 +28.11%), GRTS (10.93 +22.4%), MEDP (226.16 +20.92%), ARRY (21.21 +18.36%)
• Industrials: BE (31.17 +54.36%), ENPH (230.96 +30.71%), X (26.39  +15.34%)
• Consumer Discretionary: NEW (0.58 +28.37%), TSLA (1101.87 +21.13%), OSTK (96.49 +19.21%), MMYT (31.55 +17.77%)
• Information Technology: ATEN (18.72 +38.15%), CREE (120.87 +35.14%), PI (69.55 +26.43%), SLAB (189.55 +25.11%), MXL (62.8 +18.78%), TER (137.45 +18.37%)
• Financials: CADE (29.12 +35.57%), LC (46.43 +35.09%), LOB (88.08 +20.86%)

This week's top % losers

• Healthcare: DBVT (3.09 -44.02%), CDNA (50.91 -29.38%), ALNY (159.61 -19.64%)
• Materials: CENX (13.33 -14.75%)
• Industrials: UPWK (47.09 -19.78%), PRLB (59.43 -16.83%), TISI (2.41 -16.2%), AZUL (13.35 -15.05%)
• Consumer Discretionary: AAN (23.44 -22.64%), THRM (73.24 -16.21%), FTDR (37.08 -15.17%), TAL (4.1 -14.94%), MHK (177.21 -7.76%)
• Information Technology: CVLT (61.61 -19.22%), TWLO (293.07 -18.18%)
• Financials: JRVR (31.95 -18.22%), HOOD (34.97  -11.67%),  MGI (6.17  -9.41%)
• Energy: BTU (11.93 -15.72%)
• Consumer Staples: TPB (38.14 -19.71%)

Mohawk (MHK) reported earnings on Thur 28 Oct 21 (a/h)

  ** charts after earnings **

Mohawk (MHK) Q3 Earnings Beat, Sales Miss, Q4 View Tepid

Mohawk Industries, Inc. MHK reported mixed results for third-quarter fiscal 2021 (ended Oct 2). The top line lagged the Zacks Consensus Estimate but the bottom line marginally topped the same. Nonetheless, both the metrics improved on a year-over-year basis.

Third-quarter results were driven by robust housing sales and remodeling activities across the world. Commercial projects are improving on the back of global economic recovery. Mohawk’s strategies to enhance organizational flexibility, reduce product and operational complexity as well as align pricing with costs aided third-quarter growth.

Jeffrey S. Lorberbaum, chairman and CEO of Mohawk, said, “Rather than improving as expected, the availability of labor, materials and transportation became more challenging, resulting in higher costs in the period. Tight chemical supplies, in particular, reduced the output of our LVT, carpet, laminate and board panels. For the near term, we do not foresee significant changes in these external pressures. Due to supply shortages, government regulations and political issues, natural gas costs in Europe are presently about four times higher than earlier in the year. This adds a temporary challenge to our European businesses as the higher costs are reflected in gas, electricity and materials.”

Net sales of $2.82 billion lagged the consensus estimate of $2.95 billion by 4.4% but increased 9.4% from the year-ago figure of $2.57 billion. On a constant-currency basis, net sales were up 8.7% year over year.

Earnings this week : Oct 25 - 29, 2021 (wk 43)

 

Monday, October 25: Kimberly-Clark (NYSE:KMB), Facebook (FB) and Universal Health (NYSE:UHS).

Tuesday, October 26: UPS (NYSE:UPS), General Electric (NYSE:GE), Lockheed Martin (NYSE:LMT), Alphabet (GOOG), Microsoft (MSFT), Twitter (NYSE:TWTR), F5 Networks (NASDAQ:FFIV), Hasbro (NASDAQ:HAS), Visa (NYSE:V), Robinhood Markets (NASDAQ:HOOD) and AMD (NASDAQ:AMD).

Wednesday, October 27: FISV, Boeing (NYSE:BA), Coca-Cola (NYSE:KO), Kraft-Heinz (NASDAQ:KHC), McDonald's (NYSE:MCD), eBay (NASDAQ:EBAY), Ford (NYSE:F) and General Motors (NYSE:GM).

• Afternoon: AFL AEM AGI ALGN ALGT ALSN NLY AM AR ACGL ASGN AZPN AVB AXS NTB BHE BMRN BOOT BCOV CACI CG CCS CHX CHDN CINF CNO CDE CTSH FIX CYH CNMD CLB CONE DRE EBAY EW ESI EHC ENSG EQT EQC ETD RE EVTC EXR FLEX FLS F FORM FWRD GSHD THG PI NGVT ISBC INVH IRBT JBT KRC KLAC KN LC MXL MTH MEOH MAA MKSI MC MOH MSA MUSA MYRG NTGR NDLS ORLY OII PGRE PEGA PDM PPC PLXS PPD RJF SIGI SCI NOW SIMO SNBR SSB SAVE SRI TDOC TROX TTMI TWLO TYL UCTT URI UPWK VICI WCN WOLF WH XLNX YUMC

Thursday, October 28: Anheuser-Busch InBev (NYSE:BUD), Caterpillar (NYSE:CAT), Merck (NYSE:MRK), MasterCard (NYSE:MA), Apple (AAPL), Atlassian (NASDAQ:TEAM), Amazon (AMZN), Altria Group (NYSE:MO), Hershey (NYSE:HSY), Comcast (NASDAQ:CMCSA), Keurig Dr Pepper (NASDAQ:KDP) and Starbucks (NASDAQ:SBUX).

• Morning: FLWS AOS ABMD AGCO ATI ALGM ADS AB ALNY MO AEP AMT BUD AVNT BAX BPMC BC CRS CARR CAT CBZ CBRE CHKP CLVT CMS CNX COLB CMCO CMCSA COR CFR DBD EXP EME FCN THRM GPI HSY HBAN IDA ITW IMAX INSM ITGR ICE JHG KBR KDP KEX LH TREE LECO LIN LKQ MA MDC MPW MD MRK MDP TAP MCO COOP NEM NLSN NOC NVCR NVT OSK OSIS OSTK PATK PTEN PBF BTU PRFT PRLB PACK RLGY RS RGEN RDS.A SAIA SNY SNDR SHOP SIRI SWI SAH SMP SWK STM TROW TFX TPX TXT TW TRS VLY VC WST WEX WLTW WNS XEL YUM
• Afternoon: ACHC AMZN ABCB AAPL ATR AJG TEAM AVTR AVT AX BIO CPT CDNA CWST CHE COHU COLM OFC CUZ DVA DECK DXCM DRQ EMN EIG ENVA EXPO FHI FE FTV FTAI FTDR GLPI GILD LOPE HIG HTGC HTH HUBG KMPR KNSL LMAT LPLA LTC MGRC MERC MMSI MSTR MHK MPWR NATI NXGN OPK PEB POLY POWI PTCT RNST RSG RMD SGEN SPNE SKX SKYW SM SPSC SSNC STAG SBUX SYK TEX TXRH X VRSN VCRA WRE WERN WDC AUY ZEN

Friday, October 29: Exxon Mobil (NYSE:XOM), AbbVie (NYSE:ABBV), Church & Dwight (NYSE:CHD), Chevron (NYSE:CVX), Colgate-Palmolive (NYSE:CL) and L3Harris Technologies (NYSE:LHX).

• Morning: ABBV AON ABR B BAH CCJ CRI CBOE CERN CHTR CVX CHD CL XOM FTS GWW HUN IMGN IMO LAZ LYB NWL PSX PSXP PNM POR PFS RCL SJR SHLX SLCA WPC WY WETF

This week's biggest % winners & losers : Oct 22 - 26, 18 (wk 43)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: NEO (15.88 +15.49%)
• Industrials: ARII (69.93 +51.07%), GOL (9.97 +14.33%)
• Consumer Discretionary: LRN (21.79 +27.28%), TSLA (330.9 +27.27%), LAD (90.57 +22.56%), TAL (27.9 +18.72%), TUP (36.22 +15.68%), MNRO (75.8 +14.94%), ANF (19.43 +14.56%), FOSL (21.16 +13.4%)
• Information Technology: TRVG (6.55 +28.43%), GLUU (6.96 +19.18%), MLNX (83.3 +18.02%), NATI (50.11 +14.9%), EIGI (9.55 +13.83%), CDNS (45.52 +13.49%)
• Financials: BMA (42.56 +13.71%)
• Consumer Staples: REV (27.6 +13.91%)
• Utilities: CIG (3.28 +17.14%)

This week's top 20 % losers

• Healthcare: ADAP (6.23 -42.1%), CLVS (17.98 -31.79%), ADRO (4.45 -29.14%), ALGN (230.13 -26.43%), NVCR (31.74 -25.67%), TSRO (31.5 -24.55%), NKTR (36.8 -23.64%)
• Materials: CMP (47.15 -30.77%), KRA (27.22 -24.66%)
• Industrials: ASTE (33.87 -27.8%)
• Consumer Discretionary: MHK (115.03 -23.47%)
• Information Technology: FLEX (7.09 -40.27%), AMD (17.63 -25.49%)  PFPT (83.54  -17.35%)
• Financials: NTB (38.39 -25.89%), OPB (19.01 -23.5%)
• Energy: EQT (32.55 -29.82%)

-=Mohawk (MHK) reported earnings on Thur 25 Oct 2018 (a/h)

Mohawk misses by $0.29, misses on revs; guides Q4 EPS below consensus; announces $500 mln stock buyback plan

• Reports Q3 (Sep) earnings of $3.29 per share, excluding non-recurring items, $0.29 worse than the S&P Capital IQ Consensus of $3.58; revenues rose 4.0% year/year to $2.55 bln vs the $2.6 bln S&P Capital IQ Consensus.
• "Most of our markets have experienced weakening demand, inflation and pricing pressures. We anticipate fourth quarter results continuing the soft trends we experienced in the third period. We expect sales to be slightly slower than the prior quarter in most markets and product categories. Even with price increases across the company, we will not offset inflation and our results will remain under pressure. Our margins are being impacted by more competitive environments, declining product mix, and lower manufacturing rates."
• Co issues downside guidance for Q4, sees EPS of $2.45-2.60, excluding non-recurring items, vs. $3.50 S&P Capital IQ Consensus.
• Mohawk's board of directors has approved a share repurchase program pursuant to which the company may repurchase up to $500 million of its common stock.

= Mohawk (MHK) reported earnings on Wed 24 Feb 2016 (a/h)

Mohawk beats by $0.09, misses on revs; guides Q1 EPS in-line :

• Reports Q4 (Dec) earnings of $2.82 per share, excluding non-recurring items,$0.09 better than the Capital IQ Consensus of $2.73; revenues rose 2.4% year/year to $2 bln vs the $2.03 bln Capital IQ Consensus.
• Co issues in-line guidance for Q1, sees EPS of $2.24-2.33, excluding non-recurring items, vs. $2.32 Capital IQ Consensus Estimate.
• "We anticipate that the demand trends in our U.S. and international markets will remain consistent with what we have been experiencing. Although growth in Europe is limited and negative in Russia, our international businesses are delivering solid results on a local basis. Our sales and margins should continue to improve over last year as a result of our continued innovations, process improvements and disciplined execution. Our recent acquisitions are progressing with operational and market synergies that we anticipated. This year we will increase investments in our existing businesses to improve our long-term performance."