MillerKnoll (NASDAQ:MLKN – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Thursday.
MillerKnoll Stock Up 1.7 %
Shares of NASDAQ MLKN opened at $24.00 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.59 and a debt-to-equity ratio of 0.99. MillerKnoll has a 12-month low of $22.43 and a 12-month high of $31.73. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 21.62, a price-to-earnings-growth ratio of 0.93 and a beta of 1.17. The firm’s 50-day simple moving average is $26.95 and its 200 day simple moving average is $26.88.
MillerKnoll (NASDAQ:MLKN – Get Free Report) last released its earnings results on Thursday, September 19th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.04). The business had revenue of $861.50 million for the quarter, compared to analyst estimates of $889.38 million. MillerKnoll had a net margin of 1.80% and a return on equity of 10.93%. The business’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.37 earnings per share. On average, research analysts expect that MillerKnoll will post 2.17 earnings per share for the current fiscal year.
Institutional Trading of MillerKnoll
About MillerKnoll
MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.
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