Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, MillerKnoll Inc’s stock clocked out at $15.25, down -2.37% from its previous closing price of $15.62. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 0.61 million shares were traded. MLKN stock price reached its highest trading level at $15.56 during the session, while it also had its lowest trading level at $15.08.
Ratios:
To gain a deeper understanding of MLKN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.80. 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 1044850304 and an Enterprise Value of 2772450304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.737 whereas that against EBITDA is 7.031.
Stock Price History:
The Beta on a monthly basis for MLKN is 1.35, which has changed by -0.33446956 over the last 52 weeks, in comparison to a change of 0.18286073 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 -17.47%, while the 200-Day Moving Average is calculated to be -19.97%.
Shares Statistics:
It appears that MLKN traded 481.89K shares on average per day over the past three months and 415690 shares per day over the past ten days. 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 95.74% stake in the company. Shares short for MLKN as of 1760486400 were 1950098 with a Short Ratio of 4.05, compared to 1757894400 on 2017187. Therefore, it implies a Short% of Shares Outstanding of 1950098 and a Short% of Float of 3.9800000000000004.
Dividends & Splits
With its trailing 12-month dividend rate of 0.75, MLKN has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 0.048015364. The stock’s 5-year Average Dividend Yield is 2.93.
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 $0.41 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.88 and $1.75 for the fiscal current year, implying an average EPS of $1.83. EPS for the following year is $2.25, with 3.0 analysts recommending between $2.51 and $2.0.
Revenue Estimates
In. The current quarter, 3 analysts expect revenue to total $943.13M. It ranges from a high estimate of $946.6M 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 $915.87M. There is a high estimate of $928.4M for the next quarter, whereas the lowest estimate is $902.8M.
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 $3.94B in the next fiscal year. The high estimate is $3.98B and the low estimate is $3.88B.
