Analysts See $0.55 EPS for Herman Miller, Inc. (MLHR)

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02 June, 2017

Herman Miller had a net margin of 5.95% and a return on equity of 24.45%. The SI to Skywest Incorporated's float is 1.79%. Insiders own 1.91% of the company's stock. Oregon Public Employees Retirement Fund's holdings in Herman Miller were worth $662,000 at the end of the most recent quarter.

Media coverage about Herman Miller (NASDAQ:MLHR) has been trending somewhat positive this week, according to AlphaOne Sentiment. It has underperformed by 10.24% the S&P500.The move comes after 6 months positive chart setup for the $2.08 billion company. In the last month, he also unloaded 19,316 shares with a market value $3,135,099 United States dollars. Macquarie Group Incorporated Ltd owns 111,500 shares for 0.01% of their portfolio. Following the transaction, the insider now owns 38,966 shares in the company, valued at $1,248,860.30. It has underperformed by 32.15% the S&P500.

In the market the company is trading up from yesterday's close of $31.55. The Firm operates through two divisions: McKesson Distribution Solutions and Technology Solutions. It has a 6.95 P/E ratio. Zenosense Inc (OTCMKTS:ZENO) has 0.00% since May 31, 2016 and is. 90 funds opened positions while 232 raised stakes. Legal And General Grp Public Limited reported 29,168 shares stake. The stock had a trading volume of 19,935 shares. 1,060 were reported by Fukoku Mutual Life. Northern Tru Corporation reported 985,554 shares. Hugh Johnson Limited Liability reported 0.47% stake. Suntrust Banks Inc owns 113,912 shares. Numeric Ltd Liability stated it has 0.96% of its portfolio in McKesson Corporation (NYSE:MCK). Prelude Management Llc accumulated 324 shares. Cypress Asset Management Tx holds 0.11% of its portfolio in McKesson Corporation (NYSE:MCK) for 4,100 shares. Wellington Management Gru Llp reported 0.01% stake. Intrust Bancorp Na has invested 0.11% in McKesson Corporation (NYSE:MCK). Amica Pension Fund Board Of Trustees owns 18,109 shares. During the same quarter in the previous year, the firm posted $0.46 earnings per share.

Among 3 analysts covering Herman Miller (NASDAQ:MLHR), 0 have Buy rating, 1 Sell and 2 Hold. McKesson Corporation has $275 highest and $140 lowest target. On Wednesday, March 23 the stock rating was downgraded by TD Securities to "Hold". The rating was maintained by JP Morgan with "Overweight" on Monday, August 15. The firm earned "Outperform" rating on Wednesday, October 28 by RBC Capital Markets.

The stock of NCR Corporation (NYSE:NCR) is a huge mover today! The stock of TELUS Corporation (USA) (NYSE:TU) earned "Outperform" rating by Macquarie Research on Tuesday, January 26. The company was maintained on Friday, January 15 by Mizuho. Oppenheimer has "Outperform" rating and $33 target.

Herman Miller (NASDAQ:MLHR) last released its quarterly earnings data on Wednesday, March 22nd. Therefore 89% are positive. Herman Miller had 4 analyst reports since December 18, 2015 according to SRatingsIntel.

On June 30 the stock rating was downgraded to "Neutral" from "Buy" in a statement from Longbow Research. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 14.54 and a beta of 1.45.

Investors sentiment increased to 1.08 in Q4 2016. Its up 0.22, from 0.86 in 2016Q3. Herman Miller, Inc. (MLHR) has risen 6.46% since May 31, 2016 and is uptrending.

Separately, Raymond James Financial, Inc. raised Herman Miller from an underperform rating to a market perform rating in a report on Thursday, March 23rd. (NASDAQ:MLHR) are included below. We have $36.57 PT which if reached, will make NASDAQ:MLHR worth $187.20 million more. Zebra Capital Management Ltd Llc has 80,899 shares. Vulcan Value Partners LLC now owns 949,701 shares of the business services provider's stock valued at $32,480,000 after buying an additional 135,116 shares during the last quarter. Clearbridge Ltd Liability Corp has 0.01% invested in Herman Miller, Inc. (NASDAQ:MLHR). State Street Corp owns 1.95M shares for 0.01% of their portfolio. Equities research analysts predict that Herman Miller will post $2.08 EPS for the current fiscal year. RidgeWorth Capital Management LLC boosted its position in Herman Miller by 0.9% in the fourth quarter. (NASDAQ:MLHR) for 119,996 shares. $258,815 worth of Herman Miller, Inc. (NASDAQ:SKYW) for 13,617 shares. Ubs Asset Mngmt Americas reported 0% stake. Wells Fargo & Mn reported 188,125 shares.

Since January 5, 2017, it had 0 insider purchases, and 7 selling transactions for $1.10 million activity. On Thursday, January 5 the insider Lopez Hezron T. sold $8,463. (NASDAQ:MLHR) on Thursday, January 5.

In related news, insider Bruce Benedict Watson sold 8,925 shares of the company's stock in a transaction dated Wednesday, May 3rd. Goeman Donald D had sold 10,011 shares worth $338,822 on Tuesday, May 2. (NASDAQ:MLHR) shares. LOCK ANDREW J also sold $28,602 worth of Herman Miller, Inc.


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