Buy, Sell or Hold: Herman Miller (MLHR-Q) — Stock Predictions at Stockchase

NASDAQ:MLHR

39.11

0.27 (0.70%) 1d

Showing 1 to 6 of 6 entries

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PAST TOP PICK

(A Top Pick Dec 22/20, Up 18.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MLHR has triggered its stop at $39.50. We recommend covering the remaining position at this time. Combined with the previous recommendation to cover half the position, this results in a total net investment return of 27%.

Consumer Products

BUY

They report Monday. This excelled during lockdowns until their last report. This is feeling like a pandemic play.

Consumer Products

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PAST TOP PICK

(A Top Pick Dec 22/20, Up 35.4%)Stockchase Research Editor: Michael O'Reilly MLHR has achieved our objective of $45. To be disciplined we recommend covering 50% of the position and trailing up the stop from $22.00 to $39.50. This would all but guarantee a minimum investment return of 27% if triggered.

Consumer Products

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TOP PICK

Stockchase Research Editor: Michael O'Reilly With the pandemic leading to people working at home, retail sales of MLHR office furniture were up 270% over the year. Although traditional commercial sales are down by a third. The company has focused on reducing expenses to help as well -- down $18 million over the year. Combined this has allowed cash holdings to rise over $200 million. We would buy this with a stop-loss at $22, looking for potential to $45 -- over 32% upside. Yield 2.20% (Analysts’ price target is $45.00)

Consumer Products

BUY

He predicts a good report next week, but it won't matter. Will the vaccines cease the flight to the suburbs and hurt this stock? HM sells home office furniture. The homebuilders will do well post-Covid, because interest rates are so low, so people will keep buying homes. Unlikely that the Fed will raise rates anytime soon.

Consumer Products

COMMENT

Why is this stock, which makes upscale office chairs, flatlining during this pandemic? Their last report was strong, but maybe their high-end office furniture it to pricey now. Reports next week.

Consumer Products

Showing 1 to 6 of 6 entries

Herman Miller(MLHR-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Herman Miller is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Herman Miller(MLHR-Q) Frequently Asked Questions

What is Herman Miller stock symbol?

Herman Miller is a American stock, trading under the symbol MLHR-Q on the NASDAQ (MLHR). It is usually referred to as NASDAQ:MLHR or MLHR-Q

Is Herman Miller a buy or a sell?

In the last year, 4 stock analysts published opinions about MLHR-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Herman Miller.

Is Herman Miller a good investment or a top pick?

Herman Miller was recommended as a Top Pick by on . Read the latest stock experts ratings for Herman Miller.

Why is Herman Miller stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Herman Miller worth watching?

4 stock analysts on Stockchase covered Herman Miller In the last year. It is a trending stock that is worth watching.

What is Herman Miller stock price?

On 2021-10-22, Herman Miller (MLHR-Q) stock closed at a price of $39.11.

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