Miller Industries Stock Analysis

MLR Stock  USD 42.76  1.65  3.72%   
Miller Industries is undervalued with Real Value of 55.04 and Target Price of 78.0. The main objective of Miller Industries stock analysis is to determine its intrinsic value, which is an estimate of what Miller Industries is worth, separate from its market price. There are two main types of Miller Industries' stock analysis: fundamental analysis and technical analysis.
The Miller Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Miller Industries is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Miller Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.

Miller Stock Analysis Notes

About 86.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.22. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Miller Industries recorded earning per share (EPS) of 5.58. The entity last dividend was issued on the 2nd of December 2024. The firm had 1:5 split on the 1st of October 2001. Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company was incorporated in 1990 and is based in Ooltewah, Tennessee. Miller Industries operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 1421 people. To find out more about Miller Industries contact William II at 423 238 4171 or learn more at https://www.millerind.com.

Miller Industries Investment Alerts

Miller Industries generated a negative expected return over the last 90 days
Over 86.0% of the company shares are owned by institutional investors
Latest headline from insidermonkey.com: Why Miller Industries Is Plunging in 2025

Miller Industries Upcoming and Recent Events

13th of March 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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Miller Largest EPS Surprises

Earnings surprises can significantly impact Miller Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-05-04
2010-03-310.130.170.0430 
2009-08-05
2009-06-300.080.120.0450 
2012-03-07
2011-12-310.480.43-0.0510 
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Miller Industries Environmental, Social, and Governance (ESG) Scores

Miller Industries' ESG score is a quantitative measure that evaluates Miller Industries' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Miller Industries' operations that may have significant financial implications and affect Miller Industries' stock price as well as guide investors towards more socially responsible investments.

Miller Industries Thematic Classifications

In addition to having Miller Industries stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Automobiles and Trucks Idea
Automobiles and Trucks
USA Equities from Automobiles and Trucks industry as classified by Fama & French

Miller Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Franklin Resources Inc2024-12-31
248.6 K
State Street Corp2024-12-31
235.7 K
Allspring Global Investments Holdings, Llc2024-12-31
178.3 K
Goldman Sachs Group Inc2024-12-31
174.1 K
Portolan Capital Management, Llc2024-12-31
143.3 K
Morgan Stanley - Brokerage Accounts2024-12-31
138 K
Mutual Of America Capital Management Llc2024-12-31
116.9 K
Northern Trust Corp2024-12-31
111.2 K
Diversified Investment Strategies, Llc2024-12-31
109.1 K
Blackrock Inc2024-12-31
M
Fmr Inc2024-12-31
840.3 K
Note, although Miller Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Miller Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 877.71 M.

Miller Profitablity

The company has Net Profit Margin of 0.05 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.10  0.10 
Return On Capital Employed 0.18  0.15 
Return On Assets 0.10  0.10 
Return On Equity 0.16  0.17 

Management Efficiency

Miller Industries has Return on Asset of 0.0861 % which means that on every $100 spent on assets, it made $0.0861 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1915 %, implying that it generated $0.1915 on every 100 dollars invested. Miller Industries' management efficiency ratios could be used to measure how well Miller Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Miller Industries' Return On Tangible Assets are relatively stable compared to the past year. As of 03/23/2025, Return On Assets is likely to grow to 0.10, while Return On Capital Employed is likely to drop 0.15. At this time, Miller Industries' Fixed Asset Turnover is relatively stable compared to the past year. As of 03/23/2025, Return On Assets is likely to grow to 0.10, while Other Assets are likely to drop slightly above 605.3 K.
Last ReportedProjected for Next Year
Book Value Per Share 35.02  36.78 
Tangible Book Value Per Share 33.28  34.94 
Enterprise Value Over EBITDA 9.35  7.85 
Price Book Value Ratio 1.87  1.87 
Enterprise Value Multiple 9.35  7.85 
Price Fair Value 1.87  1.87 
Enterprise Value463.2 M307.4 M
The decision-making processes within Miller Industries are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield
0.0099
Operating Margin
0.0637
Profit Margin
0.0523
Forward Dividend Yield
0.0099
Beta
0.955

Technical Drivers

As of the 23rd of March, Miller Industries secures the Mean Deviation of 1.63, standard deviation of 2.52, and Risk Adjusted Performance of (0.25). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Miller Industries, as well as the relationship between them. Please verify Miller Industries variance and potential upside to decide if Miller Industries is priced some-what accurately, providing market reflects its recent price of 42.76 per share. Given that Miller Industries has information ratio of (0.27), we recommend you to check Miller Industries's last-minute market performance to make sure the company can sustain itself at a future point.

Miller Industries Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Miller Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Miller Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Miller Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Miller Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Miller Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Miller Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Miller Industries Outstanding Bonds

Miller Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Miller Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Miller bonds can be classified according to their maturity, which is the date when Miller Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Miller Industries Predictive Daily Indicators

Miller Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Miller Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Miller Industries Corporate Filings

F4
18th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
10th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
7th of March 2025
Other Reports
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8K
6th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
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8K
5th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
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F4
4th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
7th of February 2025
Other Reports
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28th of January 2025
Other Reports
ViewVerify

Miller Industries Forecast Models

Miller Industries' time-series forecasting models are one of many Miller Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Miller Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Miller Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Miller Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Miller shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Miller Industries. By using and applying Miller Stock analysis, traders can create a robust methodology for identifying Miller entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.03 
Operating Profit Margin 0.07  0.06 
Net Profit Margin 0.05  0.05 
Gross Profit Margin 0.14  0.15 

Current Miller Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Miller analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Miller analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
78.0Buy2Odds
Miller Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Miller analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Miller stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Miller Industries, talking to its executives and customers, or listening to Miller conference calls.
Miller Analyst Advice Details

Miller Stock Analysis Indicators

Miller Industries stock analysis indicators help investors evaluate how Miller Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Miller Industries shares will generate the highest return on investment. By understating and applying Miller Industries stock analysis, traders can identify Miller Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow29.9 M
Long Term Debt65 M
Common Stock Shares Outstanding11.6 M
Total Stockholder Equity401 M
Tax Provision16.6 M
Quarterly Earnings Growth Y O Y-0.125
Property Plant And Equipment Net116.5 M
Cash And Short Term Investments24.3 M
Cash24.3 M
Accounts Payable145.9 M
Net Debt41.2 M
50 Day M A63.4266
Total Current Liabilities197.9 M
Other Operating Expenses1.2 B
Non Current Assets Total137.2 M
Non Currrent Assets Other727 K
Stock Based Compensation3.2 M

Additional Tools for Miller Stock Analysis

When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.