In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
MillerKnoll Inc (NASDAQ: MLKN) closed the day trading at $17.47 down -1.52% from the previous closing price of $17.74. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 0.46 million shares were traded. MLKN stock price reached its highest trading level at $17.815 during the session, while it also had its lowest trading level at $17.22.
Ratios:
For a better understanding of MLKN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.34.
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.
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 1212939008 and an Enterprise Value of 2924553216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.777 whereas that against EBITDA is 7.273.
Stock Price History:
The Beta on a monthly basis for MLKN is 1.34, which has changed by -0.26083332 over the last 52 weeks, in comparison to a change of 0.17342639 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 -13.30%, while the 200-Day Moving Average is calculated to be -11.54%.
Shares Statistics:
Over the past 3-months, MLKN traded about 472.32K shares per day on average, while over the past 10 days, MLKN traded about 869430 shares per day. A total of 68.50M shares are outstanding, with a floating share count of 68.05M. Insiders hold about 0.67% of the company’s shares, while institutions hold 95.43% stake in the company. Shares short for MLKN as of 1757894400 were 2017187 with a Short Ratio of 4.27, compared to 1755216000 on 2344948. Therefore, it implies a Short% of Shares Outstanding of 2017187 and a Short% of Float of 4.1199997.
Dividends & Splits
MLKN’s forward annual dividend rate is 0.75, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 0.04227734. The stock’s 5-year Average Dividend Yield is 2.87.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 3.0 analysts currently analyzing and rating the stock of MillerKnoll Inc (MLKN).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
3 analysts predict $962.47M in revenue for. The current quarter. 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.
