MillerKnoll (NASDAQ:MLKN – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Monday morning. The company provided EPS guidance of 0.490-0.550 for the period, compared to the consensus EPS estimate of 0.520. The company issued revenue guidance of $955.0 million-$995.0 million, compared to the consensus revenue estimate of $974.4 million.
MillerKnoll Stock Down 2.1%
MLKN opened at $15.06 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.92 and a current ratio of 1.64. MillerKnoll has a fifty-two week low of $13.77 and a fifty-two week high of $23.18. The firm’s fifty day moving average is $15.93 and its 200 day moving average is $17.67. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 107.57, a price-to-earnings-growth ratio of 0.64 and a beta of 1.41.
MillerKnoll (NASDAQ:MLKN – Get Free Report) last released its earnings results on Wednesday, March 25th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). MillerKnoll had a net margin of 0.28% and a return on equity of 10.11%. The firm had revenue of $926.60 million for the quarter, compared to analysts’ expectations of $941.95 million. During the same quarter last year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts forecast that MillerKnoll will post 1.83 earnings per share for the current fiscal year.
MillerKnoll Dividend Announcement
Wall Street Analyst Weigh In
Several brokerages have commented on MLKN. Zacks Research upgraded shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. William Blair began coverage on shares of MillerKnoll in a research note on Tuesday, February 10th. They issued an “outperform” rating on the stock. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of MillerKnoll in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on MillerKnoll
Hedge Funds Weigh In On MillerKnoll
Several hedge funds have recently added to or reduced their stakes in MLKN. Royal Bank of Canada grew its holdings in MillerKnoll by 39.4% during the 1st quarter. Royal Bank of Canada now owns 19,451 shares of the company’s stock valued at $373,000 after purchasing an additional 5,495 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in MillerKnoll by 2.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,480 shares of the company’s stock valued at $775,000 after purchasing an additional 801 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in MillerKnoll by 7.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 197,932 shares of the company’s stock valued at $3,788,000 after purchasing an additional 13,099 shares during the last quarter. Jane Street Group LLC grew its holdings in MillerKnoll by 311.8% during the 1st quarter. Jane Street Group LLC now owns 414,275 shares of the company’s stock valued at $7,929,000 after purchasing an additional 313,684 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in MillerKnoll by 177.3% during the 2nd quarter. Hsbc Holdings PLC now owns 28,704 shares of the company’s stock valued at $553,000 after purchasing an additional 18,354 shares during the last quarter. 87.50% of the stock is currently owned by institutional investors.
About MillerKnoll
MillerKnoll, Inc (NASDAQ: MLKN) is a global design and manufacturing company specializing in furniture, lighting, textiles, rugs and accessories for residential and commercial environments. The company’s portfolio features well-known brands such as Herman Miller, Knoll, Maharam, Geiger and Tuyama, offering solutions for office, healthcare, education, hospitality and home settings. Products span seating, workstations, tables, storage systems and outdoor furnishings, complemented by a range of services including space planning, ergonomic consulting and installation support.
Formed in July 2021 through the merger of Herman Miller and Knoll, MillerKnoll combines more than a century of design heritage with a modern portfolio of sustainable products and materials.
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