At the time of writing, MillerKnoll Inc [MLKN] stock is trading at $25.29, down -0.32%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MLKN shares have gain 0.16% over the last week, with a monthly amount glided 5.90%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MillerKnoll Inc [NASDAQ: MLKN] stock has seen the most recent analyst activity on November 30, 2022, when The Benchmark Company downgraded its rating to a Hold. Previously, Craig Hallum downgraded its rating to Hold on September 29, 2022, and dropped its price target to $20.
For the past year, the stock price of MillerKnoll Inc fluctuated between $22.35 and $31.73. MillerKnoll Inc [NASDAQ: MLKN] shares were valued at $25.29 at the most recent close of the market.
Analyzing the MLKN fundamentals
According to MillerKnoll Inc [NASDAQ:MLKN], the company’s sales were 3.57B for trailing twelve months, which represents an -6.12% plunge. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.95 points at the first support level, and at 24.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.67, and for the 2nd resistance point, it is at 26.06.
Ratios To Look Out For
It is important to note that MillerKnoll Inc [NASDAQ:MLKN] has a current ratio of 1.59. Also, the Quick Ratio is 0.93, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 28.93.
Transactions by insiders
Recent insider trading involved Groom Benjamin P.T., INSIDER, that happened on Sep 26 ’24 when 5193.0 shares were purchased. Chief Fincl Officer, Stutz Jeffrey M completed a deal on Dec 22 ’23 to sell 9771.0 shares.
