Herman Miller

MLHR-Q

NASDAQ:MLHR

36.78
0.21 (0.57%)
Herman Miller, Inc., based in Zeeland, Michigan, is an American company that produces office furniture and equipment, and home furnishings. Its signature products include the Equa chair, Aeron chair, Noguchi table, Marshmallow sofa, and the Eames Lounge Chair.
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Analysis and Opinions about MLHR-Q

Signal
Opinion
Expert
TOP PICK
TOP PICK
December 22, 2020
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)
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Herman Miller (MLHR-Q)
December 22, 2020
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)
BUY
BUY
December 11, 2020
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.
Show full opinionHide full opinion
Herman Miller (MLHR-Q)
December 11, 2020
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.
COMMENT
COMMENT
September 11, 2020
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.
Show full opinionHide full opinion
Herman Miller (MLHR-Q)
September 11, 2020
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.
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Herman Miller(MLHR-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

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, 1 stock analyst published opinions about MLHR-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Stockchase Research on 2020-12-22. 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?

1 stock analyst 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 2021-01-22, Herman Miller (MLHR-Q) stock closed at a price of $36.78.