Miller Industries Stock Today

MLR Stock  USD 67.25  0.42  0.63%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 10

 
High
 
Low
Low
Miller Industries is selling at 67.25 as of the 21st of November 2024; that is 0.63 percent increase since the beginning of the trading day. The stock's lowest day price was 66.6. Miller Industries has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Miller Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
2nd of August 1994
Category
Consumer Cyclical
Classification
Industrials
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company was incorporated in 1990 and is based in Ooltewah, Tennessee. Miller Industries operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. The company has 11.45 M outstanding shares of which 530.62 K shares are now shorted by investors with about 7.23 days to cover. More on Miller Industries

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Miller Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentWilliam II
Thematic IdeaAutomobiles and Trucks (View all Themes)
Old NameMelior Resources Inc
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Capital Goods, Consumer Cyclical, NYSE Composite, Automobiles and Trucks, Industrials, Machinery, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Debt Levels
Miller Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Miller Industries' financial leverage. It provides some insight into what part of Miller Industries' total assets is financed by creditors.
Liquidity
Miller Industries has 60.83 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. Miller Industries has a current ratio of 2.22, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Miller to invest in growth at high rates of return.

Depreciation

7.21 Million
Miller Industries (MLR) is traded on New York Stock Exchange in USA. It is located in 8503 Hilltop Drive, Ooltewah, TN, United States, 37363 and employs 1,805 people. Miller Industries is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 877.71 M. Miller Industries runs under Machinery sector within Industrials industry. The entity has 11.45 M outstanding shares of which 530.62 K shares are now shorted by investors with about 7.23 days to cover. Miller Industries has about 40.15 M in cash with 10.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.73.
Check Miller Industries Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Miller Industries is $877.71 Million. The majority of Miller Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Miller Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Miller Industries. Please pay attention to any change in the institutional holdings of Miller Industries as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Miller Ownership Details

Miller Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
266.8 K
State Street Corp2024-06-30
221.3 K
Allspring Global Investments Holdings, Llc2024-06-30
154.5 K
Advisorshares Investments, Llc2024-06-30
136.9 K
Mutual Of America Capital Management Llc2024-09-30
117.5 K
Diversified Investment Strategies, Llc2024-09-30
111.6 K
Huber Capital Management Llc2024-09-30
105.9 K
Northern Trust Corp2024-09-30
105.3 K
Bank Of New York Mellon Corp2024-06-30
100.5 K
Dimensional Fund Advisors, Inc.2024-09-30
865.8 K
Blackrock Inc2024-06-30
842.4 K
View Miller Industries Diagnostics

Miller Industries Historical Income Statement

At this time, Miller Industries' Net Income is relatively stable compared to the past year. As of 11/21/2024, Income Tax Expense is likely to grow to about 16.3 M, while Interest Expense is likely to drop slightly above 4.3 M. View More Fundamentals

Miller Stock Against Markets

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.