Miller Industries Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 9 out of 67 in the Automobiles & Auto Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 49.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Miller Industries Inc is 8.04, ranking 22 out of 67 in the Automobiles & Auto Parts industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 178.67M, representing a year-over-year decrease of 43.15%, while its net profit experienced a year-over-year decrease of 80.02%.
Key Metrics
The current valuation score of Miller Industries Inc is 8.15, ranking 20 out of 67 in the Automobiles & Auto Parts industry. Its current P/E ratio is 16.94, which is 15.39% below the recent high of 19.54 and 55.19% above the recent low of 7.59.
The current earnings forecast score of Miller Industries Inc is 7.00, ranking 41 out of 67 in the Automobiles & Auto Parts industry. The average price target is 49.00, with a high of 52.00 and a low of 46.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Miller Industries Inc is 9.57, ranking 7 out of 67 in the Automobiles & Auto Parts industry. Currently, the stock price is trading between the resistance level at 46.74 and the support level at 40.59, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Miller Industries Inc is 10.00, ranking 1 out of 67 in the Automobiles & Auto Parts industry. The latest institutional shareholding proportion is 95.12%, representing a quarter-over-quarter increase of 1.09%. The largest institutional shareholder is The Vanguard, holding a total of 642.63K shares, representing 5.62% of shares outstanding, with 0.84% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Automobiles & Auto Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Miller Industries Inc is 6.16, ranking 30 out of 67 in the Automobiles & Auto Parts industry. The company's beta value is 1.25. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Miller Industries Inc’s latest ESG disclosure leads the Automobiles & Auto Parts industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
