Millerknoll Stock Analysis

MLKN Stock  USD 22.80  0.33  1.47%   
MillerKnoll is undervalued with Real Value of 27.36 and Target Price of 31.5. The main objective of MillerKnoll stock analysis is to determine its intrinsic value, which is an estimate of what MillerKnoll is worth, separate from its market price. There are two main types of MillerKnoll's stock analysis: fundamental analysis and technical analysis.
The MillerKnoll stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MillerKnoll is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. MillerKnoll Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.

MillerKnoll Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.17. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MillerKnoll has Price/Earnings To Growth (PEG) ratio of 0.88. The entity last dividend was issued on the 29th of November 2024. The firm had 2:1 split on the 17th of March 1998. MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan. Millerknoll operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 11300 people. To find out more about MillerKnoll contact Andrea Owen at 616 654 3000 or learn more at https://www.millerknoll.com.

MillerKnoll Quarterly Total Revenue

970.4 Million

MillerKnoll Investment Alerts

MillerKnoll has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are owned by institutional investors
On 15th of January 2025 MillerKnoll paid $ 0.1875 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Smith Mike C. of 5936 shares of MillerKnoll at 21.9 subject to Rule 16b-3

MillerKnoll Upcoming and Recent Events

Earnings reports are used by MillerKnoll to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
27th of March 2024
Upcoming Quarterly Report
View
10th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
10th of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

MillerKnoll Largest EPS Surprises

Earnings surprises can significantly impact MillerKnoll's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-12-16
2015-11-300.520.46-0.0611 
2024-09-19
2024-08-310.430.36-0.0716 
2017-09-20
2017-08-310.620.55-0.0711 
View All Earnings Estimates

MillerKnoll Environmental, Social, and Governance (ESG) Scores

MillerKnoll's ESG score is a quantitative measure that evaluates MillerKnoll's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of MillerKnoll's operations that may have significant financial implications and affect MillerKnoll's stock price as well as guide investors towards more socially responsible investments.

MillerKnoll Thematic Classifications

In addition to having MillerKnoll stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Business Supplies Idea
Business Supplies
USA Equities from Business Supplies industry as classified by Fama & French

MillerKnoll Stock Institutional Investors

Shares
Vulcan Value Partners, Llc2024-09-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-09-30
M
Forager Capital Management, Llc2024-09-30
953.8 K
Lsv Asset Management2024-09-30
932.7 K
William Blair Investment Management, Llc2024-09-30
932.5 K
Disciplined Growth Investors Inc2024-09-30
852.6 K
Bank Of New York Mellon Corp2024-09-30
826.5 K
Northern Trust Corp2024-09-30
749.1 K
Bridgeway Capital Management, Llc2024-09-30
681.1 K
Blackrock Inc2024-09-30
10.8 M
Vanguard Group Inc2024-09-30
8.6 M
Note, although MillerKnoll's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MillerKnoll Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.55 B.

MillerKnoll Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.03)(0.03)
Return On Capital Employed(0.04)(0.04)
Return On Assets(0.02)(0.02)
Return On Equity(0.06)(0.06)

Management Efficiency

MillerKnoll has return on total asset (ROA) of 0.0355 % which means that it generated a profit of $0.0355 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0463 %, meaning that it created $0.0463 on every $100 dollars invested by stockholders. MillerKnoll's management efficiency ratios could be used to measure how well MillerKnoll manages its routine affairs as well as how well it operates its assets and liabilities. As of the 31st of January 2025, Return On Tangible Assets is likely to grow to -0.03. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, MillerKnoll's Total Assets are very stable compared to the past year. As of the 31st of January 2025, Non Current Assets Total is likely to grow to about 3.6 B, while Other Current Assets are likely to drop about 48.2 M.
Last ReportedProjected for Next Year
Book Value Per Share 6.30  4.61 
Tangible Book Value Per Share 0.99  1.73 
Enterprise Value Over EBITDA 120.00  126.00 
Price Book Value Ratio 4.96  7.10 
Enterprise Value Multiple 120.00  126.00 
Price Fair Value 4.96  7.10 
Enterprise ValueB1.4 B
Understanding the management dynamics of MillerKnoll allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Dividend Yield
0.0308
Operating Margin
0.0506
Profit Margin
0.018
Forward Dividend Yield
0.0308
Beta
1.179

Technical Drivers

As of the 31st of January, MillerKnoll secures the Mean Deviation of 1.51, standard deviation of 1.92, and insignificant Risk Adjusted Performance. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MillerKnoll, as well as the relationship between them.

MillerKnoll Price Movement Analysis

Execute Study
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MillerKnoll middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MillerKnoll. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MillerKnoll Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MillerKnoll insiders, such as employees or executives, is commonly permitted as long as it does not rely on MillerKnoll's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MillerKnoll insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

MillerKnoll Outstanding Bonds

MillerKnoll issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MillerKnoll uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MillerKnoll bonds can be classified according to their maturity, which is the date when MillerKnoll has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

MillerKnoll Predictive Daily Indicators

MillerKnoll intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MillerKnoll stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MillerKnoll Corporate Filings

8K
30th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
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F4
17th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
6th of January 2025
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
18th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
15th of November 2024
Other Reports
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
31st of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
15th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

MillerKnoll Forecast Models

MillerKnoll's time-series forecasting models are one of many MillerKnoll's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MillerKnoll's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MillerKnoll Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how MillerKnoll prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MillerKnoll shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MillerKnoll. By using and applying MillerKnoll Stock analysis, traders can create a robust methodology for identifying MillerKnoll entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.02)(0.02)
Operating Profit Margin(0.01)(0.01)
Net Loss(0.01)(0.01)
Gross Profit Margin 0.34  0.41 

Current MillerKnoll Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MillerKnoll analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MillerKnoll analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
31.5Hold2Odds
MillerKnoll current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MillerKnoll analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MillerKnoll stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MillerKnoll, talking to its executives and customers, or listening to MillerKnoll conference calls.
MillerKnoll Analyst Advice Details

MillerKnoll Stock Analysis Indicators

MillerKnoll stock analysis indicators help investors evaluate how MillerKnoll stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MillerKnoll shares will generate the highest return on investment. By understating and applying MillerKnoll stock analysis, traders can identify MillerKnoll position entry and exit signals to maximize returns.
Begin Period Cash Flow223.5 M
Long Term Debt1.3 B
Common Stock Shares Outstanding74 M
Total Stockholder Equity1.4 B
Tax Provision14.7 M
Quarterly Earnings Growth Y O Y55.604
Property Plant And Equipment Net867.6 M
Cash And Short Term Investments230.4 M
Cash230.4 M
Accounts Payable241.4 M
Net Debt1.5 B
50 Day M A23.4716
Total Current Liabilities697.7 M
Other Operating Expenses3.5 B
Non Current Assets TotalB
Forward Price Earnings10.6045
Non Currrent Assets Other71.4 M
Stock Based Compensation20.7 M
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Earnings Share
0.91
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0355
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.