- MLHR's revenue growth has slightly outpaced the industry average of 3.8%. Since the same quarter one year prior, revenues slightly increased by 7.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- 38.08% is the gross profit margin for MILLER (HERMAN) INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 4.25% trails the industry average.
- MILLER (HERMAN) INC has improved earnings per share by 17.9% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, MILLER (HERMAN) INC reported lower earnings of $1.16 versus $1.29 in the prior year. This year, the market expects an improvement in earnings ($1.64 versus $1.16).
- The debt-to-equity ratio is somewhat low, currently at 0.69, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.78 is somewhat weak and could be cause for future problems.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Consumer Goods sector as a whole closed the day down 0.3% versus the S&P 500, which was unchanged. Laggards within the Consumer Goods sector included Virco Manufacturing ( VIRC), down 3.0%, Entertainment Gaming Asia ( EGT), down 2.1%, Golden ( GLDC), down 5.2%, Koss ( KOSS), down 4.0% and BRASILAGRO - CIA Bras de Prop Agricolas ( LND), down 2.2%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today: Herman Miller ( MLHR) is one of the companies that pushed the Consumer Goods sector lower today. Herman Miller was down $0.64 (2.0%) to $30.74 on light volume. Throughout the day, 132,596 shares of Herman Miller exchanged hands as compared to its average daily volume of 265,700 shares. The stock ranged in price between $30.57-$31.50 after having opened the day at $31.30 as compared to the previous trading day's close of $31.38. Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, textiles, and related services worldwide. Herman Miller has a market cap of $1.9 billion and is part of the consumer durables industry. Shares are up 5.9% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Herman Miller a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Herman Miller as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Highlights from TheStreet Ratings analysis on MLHR go as follows: