Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
MillerKnoll Inc (NASDAQ: MLKN) closed the day trading at $19.24 up 0.58% from the previous closing price of $19.13. In other words, the price has increased by $0.58 from its previous closing price. On the day, 0.52 million shares were traded. MLKN stock price reached its highest trading level at $19.33 during the session, while it also had its lowest trading level at $18.93.
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 5.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.31.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1311379200 and an Enterprise Value of 3004178944. As of this moment, MillerKnoll’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.15, and their Forward P/E ratio for the next fiscal year is 7.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 0.836 whereas that against EBITDA is 7.988.
Stock Price History:
The Beta on a monthly basis for MLKN is 1.05, which has changed by -0.36185735 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, MLKN has reached a high of $31.73, while it has fallen to a 52-week low of $18.89. The 50-Day Moving Average of the stock is -11.33%, while the 200-Day Moving Average is calculated to be -22.76%.
Shares Statistics:
Over the past 3-months, MLKN traded about 706.77K shares per day on average, while over the past 10 days, MLKN traded about 452010 shares per day. A total of 68.43M shares are outstanding, with a floating share count of 67.25M. Insiders hold about 1.33% of the company’s shares, while institutions hold 95.31% stake in the company. Shares short for MLKN as of 1740700800 were 2434758 with a Short Ratio of 3.44, compared to 1738281600 on 2091851. Therefore, it implies a Short% of Shares Outstanding of 2434758 and a Short% of Float of 5.13.
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 0.03920544The stock’s 5-year Average Dividend Yield is 2.76. The current Payout Ratio is 67.40% for MLKN, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 1998-03-17 when the company split stock in a 2:1 ratio.
