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MillerKnoll Inc (NASDAQ: MLKN) closed the day trading at $23.61 down -2.48% from the previous closing price of $24.21. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.61 million shares were traded. MLKN stock price reached its highest trading level at $23.94 during the session, while it also had its lowest trading level at $23.28.
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 7.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.28.
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.
Stutz Jeffrey M sold 9,771 shares of MLKN for $275,836 on Dec 22 ’23. The Chief Fincl Officer now owns 35,622 shares after completing the transaction at $28.23 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 1639846784 and an Enterprise Value of 3384696320. As of this moment, MillerKnoll’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.01, and their Forward P/E ratio for the next fiscal year is 9.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.948 whereas that against EBITDA is 8.748.
Stock Price History:
Over the past 52 weeks, MLKN has reached a high of $31.73, while it has fallen to a 52-week low of $22.43. The 50-Day Moving Average of the stock is -12.80%, while the 200-Day Moving Average is calculated to be -13.43%.
Shares Statistics:
Over the past 3-months, MLKN traded about 580.74K shares per day on average, while over the past 10 days, MLKN traded about 629530 shares per day. A total of 70.38M shares are outstanding, with a floating share count of 68.60M. Insiders hold about 1.24% of the company’s shares, while institutions hold 94.92% stake in the company. Shares short for MLKN as of 1727654400 were 1829483 with a Short Ratio of 3.15, compared to 1724976000 on 2327166. Therefore, it implies a Short% of Shares Outstanding of 1829483 and a Short% of Float of 3.7600000000000002.
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 0.030978935The stock’s 5-year Average Dividend Yield is 2.65.
