Alert: New Earnings Report (12/20/23)-MillerKnoll Inc (NASDAQ: MLKN).


MillerKnoll Inc (NASDAQ: MLKN) has reported E.P.S. of $0.45 for its second fiscal quarter (ending November 30) versus $0.21 for the same period a year ago — an increase of 114%. For the latest four quarters through November 30, E.P.S. were $0.68 versus $1.02 for the same period a year ago — a decline of -33%.

Recent Price Action

MillerKnoll Inc (NASDAQ: MLKN) stock rose slightly by 0.2% on 12/20/23. The stock closed at $29.00. Moreover, this advance was accompanied by exceptionally high trading volume at 289% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, MLKN is expected to continue to be a Value Builder.

MillerKnoll has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. MillerKnoll has a slightly positive Appreciation Score of 67 and a very high Power Rating of 100, and the Highest Value Trend Rating results.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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