Miller Industries (MLR) Set to Announce Earnings on Wednesday

Miller Industries (NYSE:MLR) will post its quarterly earnings results after the market closes on Wednesday, November 13th. Analysts expect Miller Industries to post earnings of $1.33 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Miller Industries Trading Up 2.3 %

Shares of Miller Industries stock opened at $76.87 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.44 and a current ratio of 2.08. The company has a fifty day moving average of $62.74 and a 200 day moving average of $60.00. The company has a market capitalization of $880.47 million, a P/E ratio of 12.26 and a beta of 0.94. Miller Industries has a fifty-two week low of $38.33 and a fifty-two week high of $77.13.

Wall Street Analyst Weigh In

Several research firms have weighed in on MLR. DA Davidson assumed coverage on Miller Industries in a research note on Wednesday, October 2nd. They issued a “buy” rating and a $82.00 price target for the company. StockNews.com cut shares of Miller Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

About Miller Industries

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.