A share price of MillerKnoll Inc [MLKN] is currently trading at $23.29, up 3.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MLKN shares have gain 6.59% over the last week, with a monthly amount glided 5.53%, and seem to be holding up well over a long-time horizon.
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.
MillerKnoll Inc experienced fluctuations in its stock price throughout the past year between $20.89 and $31.73. MillerKnoll Inc [NASDAQ: MLKN] shares were valued at $23.29 at the most recent close of the market.
Analyzing the MLKN fundamentals
Trailing Twelve Months sales for MillerKnoll Inc [NASDAQ:MLKN] were 3.59B which represents 2.20% growth. 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 1.4.
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 22.75 points at the first support level, and at 22.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.62, and for the 2nd resistance point, it is at 23.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MillerKnoll Inc [NASDAQ:MLKN] is 1.60. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 1.22 and price to earnings (TTM) ratio is 25.60.
Transactions by insiders
Recent insider trading involved Groom Benjamin P.T., INSIDER, that happened on Sep 26 ’24 when 5193.0 shares were purchased.
