MillerKnoll (NASDAQ:MLKN – Get Free Report) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Friday.
MillerKnoll Stock Up 0.5 %
Shares of NASDAQ:MLKN traded up $0.16 during trading on Friday, hitting $29.85. 378,058 shares of the company were exchanged, compared to its average volume of 665,228. The stock has a market capitalization of $2.14 billion, a P/E ratio of 26.89, a PEG ratio of 1.07 and a beta of 1.19. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.54 and a quick ratio of 0.92. MillerKnoll has a 12-month low of $16.50 and a 12-month high of $31.33. The firm’s 50 day moving average price is $26.79 and its 200-day moving average price is $27.26.
MillerKnoll (NASDAQ:MLKN – Get Free Report) last issued its quarterly earnings data on Wednesday, June 26th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.13. The business had revenue of $888.90 million during the quarter, compared to the consensus estimate of $898.65 million. MillerKnoll had a net margin of 2.27% and a return on equity of 10.94%. The company’s revenue was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 EPS. On average, research analysts predict that MillerKnoll will post 2.21 earnings per share for the current fiscal year.
Institutional Trading of MillerKnoll
About MillerKnoll
MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.
Featured Stories
- Five stocks we like better than MillerKnoll
- What is the Dow Jones Industrial Average (DJIA)?
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What Are the U.K. Market Holidays? How to Invest and Trade
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for MillerKnoll Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MillerKnoll and related companies with MarketBeat.com's FREE daily email newsletter.