After finishing at $25.03 in the prior trading day, MillerKnoll Inc (NASDAQ: MLKN) closed at $24.56, down -1.88%. On the day, 584532 shares were traded.
Ratios:
Our goal is to gain a better understanding of MLKN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.18.
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 Dec 22 ’23 when Stutz Jeffrey M sold 9,771 shares for $28.23 per share. The transaction valued at 275,836 led to the insider holds 35,622 shares of the business.
VOLKEMA MICHAEL A bought 13,584 shares of MLKN for $230,246 on Jul 18 ’23. The Director now owns 200,670 shares after completing the transaction at $16.95 per share. On Jul 18 ’23, another insider, Smith Mike C., who serves as the Director of the company, bought 4,000 shares for $17.25 each. As a result, the insider paid 68,988 and bolstered with 19,584 shares of the company.
Valuation Measures:
As of this moment, MillerKnoll’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.32, and their Forward P/E ratio for the next fiscal year is 11.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.27.
Stock Price History:
Over the past 52 weeks, MLKN has reached a high of $31.33, while it has fallen to a 52-week low of $13.20.
Shares Statistics:
A total of 75.70M shares are outstanding, with a floating share count of 70.90M. Insiders hold about 1.03% of the company’s shares, while institutions hold 91.16% stake in the company.
Earnings Estimates
Its stock is currently analyzed by MillerKnoll, Inc. different market analysts. The consensus estimate for the next quarter is $16.80, with high estimates of $0.00 and low estimates of $17.64.
EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $ETF.
