Home Sectors Industrials Recent Movement: Herman Miller (NASDAQ: MLHR)

Recent Movement: Herman Miller (NASDAQ: MLHR)

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Herman Miller is part of the industrial products industry and trades as part of the industrials sector. Herman Miller Inc is engaged in research, designing, manufacturing, and distribution of interior furnishings. It operates through several focused businesses, brands, and distribution channels.

Previous Intraday Trading Performance:

The MLHR stock showed a previous change of 4.10% with an open at 36.73 and a close of 37.87. It reached an intraday high of 37.88 and a low of 36.37.

PR Newswire:  Herman Miller Schedules Fourth Quarter Fiscal 2019 Conference Call and Webcast

Liquidity:

The stock has a market cap of $2.2b with 58.8m shares outstanding, of which the float is 58.1m shares. Trading volume reached 218,712 shares compared to its average volume of 245,353 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Herman Miller shares returned 4.32% and in the past 30 trading days it returned 0.52%. Over three months, it changed 3.38%. In one year it has changed 16.93% and within that year its 52-week high was 40.65 and its 52-week low was 28.66. MLHR stock is 32.14% above its 52 Week Low.

Our calculations show a 200 day moving average of 35.10 and a 50 day moving average of 37.06. Currently MLHR stock is trading 7.88% above its 200 day moving average.

PR Newswire:  Herman Miller Schedules Fourth Quarter Fiscal 2019 Conference Call and Webcast

Earnings:

The last annual fiscal EPS for the company was reported at 2.11 that ended on 31st of May 2018, which according to the previous close, that is a PE of 17.95. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.65. The TTM EPS is 2.42, which comes to a TTM PE of 15.65.

Below was the last reported quarterly diluted earnings per share:

Feb19 (Reported on 03/20/2019): 0.66
Nov18 (Reported on 12/19/2018): 0.66
Aug18 (Reported on 09/19/2018): 0.60
May18 (Reported on 07/02/2018): 0.53
Feb18 (Reported on 03/21/2018): 0.49

The dividend per share is currently 0.79, which is a dividend yield of 2.09%. Also, the payout ratio is 32.64%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 76.17, which means it is possibly undervalued and has a margin of safety of 50.28%.

Indicators to Watch:

The current calculated beta is 1.50.

Business Wire:  LP Announces Acquisition of Siding Prefinisher

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 22.04%, return on assets is 10.18%, profit margin is 6.04%, price-to-sales is 1.13 and price-to-book is 2.99.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.