MillerKnoll Inc (NASDAQ: MLKN) is -4.95% lower on its value in year-to-date trading and has touched a low of $13.20 and a high of $31.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MLKN stock was last observed hovering at around $25.35 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $25.36, the stock is -2.75% and -10.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.04% at the moment leaves the stock 3.64% off its SMA200. MLKN registered 50.86% gain for a year compared to 6-month gain of 10.02%.
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The stock witnessed a -15.41% loss in the last 1 month and extending the period to 3 months gives it a -6.80%, and is 2.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.95% over the week and 3.49% over the month.
MillerKnoll Inc (MLKN) has around 10900 employees, a market worth around $1.82B and $3.70B in sales. Current P/E ratio is 26.15 and Fwd P/E is 11.55. Profit margin for the company is 1.96%. Distance from 52-week low is 92.12% and -19.06% from its 52-week high. The company has generated returns on investments over the last 12 months (2.38%).
The EPS is expected to grow by 5.00% this year
The shares outstanding are 75.70M, and float is at 70.90M with Short Float at 4.21%.
MillerKnoll Inc (MLKN) Insider Activity
The most recent transaction is an insider sale by Stutz Jeffrey M, the company’s Chief Fincl Officer. SEC filings show that Stutz Jeffrey M sold 9,771 shares of the company’s common stock on Dec 22 ’23 at a price of $28.23 per share for a total of $0.28 million. Following the sale, the insider now owns 35622.0 shares.
MillerKnoll Inc disclosed in a document filed with the SEC on Jul 18 ’23 that VOLKEMA MICHAEL A (Director) bought a total of 13,584 shares of the company’s common stock. The trade occurred on Jul 18 ’23 and was made at $16.95 per share for $0.23 million. Following the transaction, the insider now directly holds 0.2 million shares of the MLKN stock.
Still, SEC filings show that on Jul 18 ’23, Smith Mike C. (Director) acquired 4,000 shares at an average price of $17.25 for $68988.0. The insider now directly holds 19,584 shares of MillerKnoll Inc (MLKN).
