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The closing price of MillerKnoll Inc (NASDAQ: MLKN) was $16.96 for the day, down -10.83% from the previous closing price of $19.02. In other words, the price has decreased by -$10.83 from its previous closing price. On the day, 1.64 million shares were traded. MLKN stock price reached its highest trading level at $19.25 during the session, while it also had its lowest trading level at $16.8001.
Ratios:
Our analysis of MLKN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.35.
On September 29, 2022, Craig Hallum Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $50 to $20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 26 ’24 when Groom Benjamin P.T. bought 5,193 shares for $24.66 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLKN now has a Market Capitalization of 1161156992 and an Enterprise Value of 2886384640. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 0.767 whereas that against EBITDA is 6.843.
Stock Price History:
The Beta on a monthly basis for MLKN is 1.36, which has changed by -0.31695527 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, MLKN has reached a high of $25.96, while it has fallen to a 52-week low of $15.25. The 50-Day Moving Average of the stock is -16.59%, while the 200-Day Moving Average is calculated to be -14.93%.
Shares Statistics:
MLKN traded an average of 484.70K shares per day over the past three months and 724110 shares per day over the past ten days. A total of 67.80M shares are outstanding, with a floating share count of 67.35M. Insiders hold about 0.67% of the company’s shares, while institutions hold 96.37% stake in the company. Shares short for MLKN as of 1756425600 were 2255258 with a Short Ratio of 4.65, compared to 1753920000 on 2741475. Therefore, it implies a Short% of Shares Outstanding of 2255258 and a Short% of Float of 4.61.
Dividends & Splits
With its trailing 12-month dividend rate of 0.563, MLKN has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 0.029600421. The stock’s 5-year Average Dividend Yield is 2.83.
Earnings Estimates
MillerKnoll Inc (MLKN) is presently subject to a detailed evaluation by 3.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.41, with high estimates of $0.43 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.88 and $1.73 for the fiscal current year, implying an average EPS of $1.79. EPS for the following year is $2.24, with 3.0 analysts recommending between $2.51 and $2.0.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 3 analysts. It ranges from a high estimate of $999.5M to a low estimate of $941.3M. As of. The current estimate, MillerKnoll Inc’s year-ago sales were $970.4MFor the next quarter, 3 analysts are estimating revenue of $911.23M. There is a high estimate of $928.4M for the next quarter, whereas the lowest estimate is $902.5M.
A total of 3 analysts have provided revenue estimates for MLKN’s current fiscal year. The highest revenue estimate was $3.82B, while the lowest revenue estimate was $3.77B, resulting in an average revenue estimate of $3.79B. In the same quarter a year ago, actual revenue was $3.67BBased on 3 analysts’ estimates, the company’s revenue will be $3.93B in the next fiscal year. The high estimate is $3.98B and the low estimate is $3.88B.
