Millerknoll Stock Today

MLKN Stock  USD 22.39  0.61  2.65%   

Performance

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Odds Of Distress

Less than 9

 
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Low
MillerKnoll is selling at 22.39 as of the 23rd of December 2024; that is 2.65 percent decrease since the beginning of the trading day. The stock's open price was 23.0. MillerKnoll has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 23rd of November 2024 and ending today, the 23rd of December 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
26th of March 1990
Category
Consumer Cyclical
Classification
Industrials
MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan. Millerknoll operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. The company has 69.17 M outstanding shares of which 2.88 M shares are now shorted by private and institutional investors with about 5.71 trading days to cover. More on MillerKnoll

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MillerKnoll Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentAndrea Owen
Thematic IdeaBusiness Supplies (View all Themes)
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Consumer Cyclical, SP Small-Cap 600, NASDAQ Composite, Nasdaq Benchmark Consumer, Business Supplies, Industrials, Commercial Services & Supplies, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.90.8973
Way Up
Slightly volatile
Gross Profit Margin0.340.3912
Fairly Down
Slightly volatile
Net Debt1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities732.6 M697.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets4.2 BB
Sufficiently Up
Slightly volatile
Total Current Assets1.1 B1.1 B
Sufficiently Up
Slightly volatile
Debt Levels
MillerKnoll 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 MillerKnoll's financial leverage. It provides some insight into what part of MillerKnoll's total assets is financed by creditors.
Liquidity
MillerKnoll currently holds 1.76 B in liabilities with Debt to Equity (D/E) ratio of 1.34, which is about average as compared to similar companies. MillerKnoll has a current ratio of 1.69, which is within standard range for the sector. Note, when we think about MillerKnoll's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(2.75 Million)
MillerKnoll (MLKN) is traded on NASDAQ Exchange in USA. It is located in 855 East Main Avenue, Zeeland, MI, United States, 49464-0302 and employs 10,200 people. MillerKnoll is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.55 B. MillerKnoll conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 69.17 M outstanding shares of which 2.88 M shares are now shorted by private and institutional investors with about 5.71 trading days to cover. MillerKnoll currently holds about 215.8 M in cash with 352.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.86.
Check MillerKnoll Probability Of Bankruptcy
Ownership Allocation
MillerKnoll maintains a total of 69.17 Million outstanding shares. The majority of MillerKnoll 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 MillerKnoll to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in MillerKnoll. Please pay attention to any change in the institutional holdings of MillerKnoll as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MillerKnoll Ownership Details

MillerKnoll Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Vulcan Value Partners, Llc2024-09-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-09-30
M
Forager Capital Management, Llc2024-09-30
953.8 K
Lsv Asset Management2024-09-30
932.7 K
William Blair Investment Management, Llc2024-09-30
932.5 K
Disciplined Growth Investors Inc2024-09-30
852.6 K
Bank Of New York Mellon Corp2024-09-30
826.5 K
Northern Trust Corp2024-09-30
749.1 K
Blackrock Inc2024-06-30
11.1 M
Vanguard Group Inc2024-09-30
8.6 M
View MillerKnoll Diagnostics

MillerKnoll Historical Income Statement

At this time, MillerKnoll's Selling And Marketing Expenses is very stable compared to the past year. As of the 23rd of December 2024, Tax Provision is likely to grow to about 19 M, while Total Revenue is likely to drop about 1.9 B. View More Fundamentals

MillerKnoll Stock Against Markets

MillerKnoll Corporate Management

When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MillerKnoll. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MillerKnoll. If investors know MillerKnoll will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MillerKnoll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
55.604
Earnings Share
0.91
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0355
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.