This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

TSC Ratings' Updates: Herman Miller

The following ratings changes were generated on September 18.

Herman Miller (MLHR - Get Report) has been upgraded from hold to buy. Herman Miller engages in the research, design, manufacture, and distribution of interior furnishings for various environments, including office, healthcare, educational and residential settings. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share and relatively strong performance when compared with the S&P 500 during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

The company's current return on equity greatly increased when compared to its return on equity from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared with other companies in the commercial services & supplies industry and the overall market, MLHR's return on equity significantly exceeds that of both the industry average and the S&P 500.

MLHR has improved earnings per share by 11.1% in the most-recent quarter compared with the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, MLHR increased its bottom line by earning $2.57 vs. $1.99 in the prior year. For the next year, the market is expecting a contraction of 3.1% in earnings ($2.49 vs. $2.57).

MLHR, with its decline in revenue, slightly underperformed the industry average of 2.5%. Since the same quarter one year prior, revenue has slightly dropped by 2.6%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
NRGY $14.97 2.11%
AMT $95.84 0.00%
GFED $14.45 0.00%
LNCE $31.16 0.00%
MLHR $29.00 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs