MillerKnoll Inc (NASDAQ: MLKN) kicked off on Tuesday, down -1.18% from the previous trading day, before settling in for the closing price of $23.76. Over the past 52 weeks, MLKN has traded in a range of $22.35-$31.73.
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Consumer Cyclical Sector giant saw their annual sales surged by 9.68% over the last five years. While this was happening, its average annual earnings per share was recorded 3.85%. With a float of $68.31 million, this company’s outstanding shares have now reached $70.38 million.
The firm has a total of 10200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.13%, operating margin of 5.33%, and the pretax margin is 2.15%.
MillerKnoll Inc (MLKN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of MillerKnoll Inc is 1.24%, while institutional ownership is 96.62%. The most recent insider transaction that took place on Sep 26 ’24, was worth 128,066. Before that another transaction happened on Dec 22 ’23, when Company’s Chief Fincl Officer sold 9,771 for $28.23, making the entire transaction worth $275,836. This insider now owns 35,622 shares in total.
MillerKnoll Inc (MLKN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 0.59 earnings per share (EPS), higher than consensus estimate (set at 0.55) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.00% during the next five years compared to -16.26% drop over the previous five years of trading.
MillerKnoll Inc (NASDAQ: MLKN) Trading Performance Indicators
Take a look at MillerKnoll Inc’s (MLKN) current performance indicators. Last quarter, stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 10.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.48 in one year’s time.
Technical Analysis of MillerKnoll Inc (MLKN)
Analysing the last 5-days average volume posted by the [MillerKnoll Inc, MLKN], we can find that recorded value of 0.52 million was lower than the volume posted last year of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 22.92%. Additionally, its Average True Range was 0.70.
During the past 100 days, MillerKnoll Inc’s (MLKN) raw stochastic average was set at 12.05%, which indicates a significant decrease from 41.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.02% in the past 14 days, which was lower than the 40.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.51, while its 200-day Moving Average is $26.93. Now, the first resistance to watch is $23.62. This is followed by the second major resistance level at $23.75. The third major resistance level sits at $23.94. If the price goes on to break the first support level at $23.30, it is likely to go to the next support level at $23.11. Now, if the price goes above the second support level, the third support stands at $22.98.
MillerKnoll Inc (NASDAQ: MLKN) Key Stats
The company with the Market Capitalisation of 1.62 billion has total of 69,166K Shares Outstanding. Its annual sales at the moment are 3,628 M in contrast with the sum of 82,300 K annual income. Company’s last quarter sales were recorded 861,500 K and last quarter income was -1,200 K.
