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Herman Miller, Inc. (MLHR)

Stock Price: $33.87 USD -0.72 (-2.08%)
Updated Oct 21, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.99B
Revenue (ttm) 2.44B
Net Income (ttm) 15.70M
Shares Out 58.90M
EPS (ttm) 0.27
PE Ratio 125.44
Forward PE 19.01
Dividend $0.75
Dividend Yield 2.21%

Stock Quote

Trading Day Oct 21, 2020
Last Price $33.87
Previous Close $34.59
Change ($) -0.72
Change (%) -2.08%
Day's Open 34.66
Day's Range 33.83 - 34.75
Day's Volume 425,412
52-Week Range 14.39 - 49.87

More Stats

Market Cap 1.99B
Enterprise Value 2.20B
Earnings Date (est) Dec 16, 2020
Ex-Dividend Date n/a
Shares Outstanding 58.90M
Float 58.48M
EPS (basic) 0.27
EPS (diluted) 0.27
FCF / Share 3.79
Dividend $0.75
Dividend Yield 2.21%
Earnings Yield 0.80%
FCF Yield 11.19%
Payout Ratio 155.60%
Shares Short 2.25M
Short Ratio 0.97
Short % of Float 3.85%
Beta 1.45
PE Ratio 125.44
Forward PE 19.01
P/FCF Ratio 8.93
PS Ratio 0.82
PB Ratio 2.63
Revenue 2.44B
Operating Income -3.20M
Net Income 15.70M
Free Cash Flow 223.30M
Net Cash -202.40M
Net Cash / Share -3.44
Gross Margin 37.29%
Operating Margin -0.13%
Profit Margin 0.60%
FCF Margin 9.14%
ROA 7.51%
ROE 1.42%
ROIC 3.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 2
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$45.00*
(32.86% upside)
Low
40.0
Current: $33.87
High
50.0
Target: 45.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue2,4872,5672,3812,2782,2652,1421,8821,7751,7241,649
Revenue Growth-3.14%7.81%4.52%0.59%5.73%13.83%6.03%2.95%4.54%-
Gross Profit911930873864874791631605591538
Operating Income-38.40204179191212163-25.70115138123
Net Income-9.1016112812413797.50-22.1068.2075.2070.80
Shares Outstanding58.7758.8159.6259.7959.9159.6559.2458.6258.3357.29
Earnings Per Share-0.152.702.122.052.261.62-0.371.161.291.06
EPS Growth-27.36%3.41%-9.29%39.51%---10.08%21.7%-
Dividend Per Share0.630.790.720.680.590.560.530.430.090.09
Dividend Growth-20.25%9.72%5.88%15.25%5.36%5.66%23.26%388.64%0%-
Operating Cash Flow22221616720221016890.1013790.1089.00
Capital Expenditures-69.00-85.80-70.60-87.30-85.10-63.60-40.80-50.20-28.50-29.50
Free Cash Flow15313195.9011512510449.3086.3061.6059.50
Cash & Equivalents46116821310592.4069.4011393.50182153
Total Debt770285275200222290250250250250
Net Cash / Debt-309-117-62.50-95.10-130-220-137-157-68.20-96.80
Assets2,0541,5691,4801,3061,2351,193991947839808
Liabilities1,361830784694684742619627591603
Book Value643719665588524420372320248205
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Herman Miller, Inc.
Country United States
Employees 7,600
CEO Andrea Owen

Stock Information

Ticker Symbol MLHR
Stock Exchange NASDAQ
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Unique Identifier NASDAQ: MLHR

Description

Herman Miller engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services worldwide. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, and Resolve names. It also provides storage products under the Meridian and Tu names; wood case goods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names; Thrive portfolio of ergonomic solutions, ergonomic, and technology support products under the Colebrook Bosson Saunders name; and textiles under the Maharam name, as well as Live Platform system of cloud-connected furnishings, applications, and dashboards. In addition, the company offers products for residential settings under the Eames, Eames Soft Pad, HAY, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names. Its products are used in offices and related conference, lobby, and lounge areas; transportation terminals; hospitals, clinics, and other healthcare facilities; industrial and educational settings; and residential and other environments. The company markets its products through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through e-commerce Website. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan.