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Miller Industries Inc-TN (MLR) Stock Forecast & Price Prediction

Live MLR Stock Price & Analysis

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$62.80

-0.95 (-1.49%)

12 Month Price Forecast For MLR

$62.80
Current Price
$731.37M
Market Cap
2 Ratings
Buy 1
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to MLR Price Forecasts

+30.6%
To High Target of $82.00
+24.2%
To Median Target of $78.00
+17.8%
To Low Target of $74.00

MLR Price Momentum

-3.5%
1 Week Change
-7.3%
1 Month Change
+42.9%
1 Year Change
-3.9%
Year-to-Date Change
-19.7%
From 52W High of $78.25
+49.3%
From 52W Low of $42.07

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 4:09 AM UTC

MLR Analyst Ratings & Price Targets

Based on our analysis of 1 Wall Street analyst, MLR has a neutral consensus with a median price target of $78.00 (ranging from $74.00 to $82.00). Currently trading at $62.80, the median forecast implies a 24.2% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Michael Shlisky at DA Davidson, projecting a 30.6% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MLR Analyst Consensus

1
Buy
1
Hold
0
Sell

MLR Price Target Range

Low
$74.00
Average
$78.00
High
$82.00
Current: $62.80

Latest MLR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MLR.

Date Firm Analyst Rating Change Price Target
Nov 15, 2024 DA Davidson Michael Shlisky Buy Maintains $82.00
Oct 2, 2024 DA Davidson Michael Shlisky Buy Initiates $82.00

Stocks Similar to Miller Industries Inc-TN

The following stocks are similar to Miller Industries based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Miller Industries Inc-TN (MLR) Financial Data

Miller Industries Inc-TN has a market capitalization of $731.37M with a P/E ratio of 10.6x. The company generates $1.33B in trailing twelve-month revenue with a 5.2% profit margin.

Revenue growth is +14.5% quarter-over-quarter, while maintaining an operating margin of +6.3% and return on equity of +19.1%.

Valuation Metrics

Market Cap $731.37M
Enterprise Value $753.91M
P/E Ratio 10.6x
PEG Ratio 10.3x
Price/Sales 0.5x

Growth & Margins

Revenue Growth (YoY) +14.5%
Gross Margin +13.4%
Operating Margin +6.3%
Net Margin +5.2%
EPS Growth -11.7%

Financial Health

Cash/Price Ratio +5.7%
Current Ratio 2.1x
Debt/Equity 16.6x
ROE +19.1%
ROA +8.6%

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Miller Industries Inc-TN logo

Miller Industries Inc-TN (MLR) Company Overview

About Miller Industries Inc-TN

What They Do

Manufactures and sells towing and recovery equipment.

Business Model

The company generates revenue by manufacturing and selling a range of towing and recovery equipment, including wreckers and car carriers. It operates through independent distributors across North America and also supplies products to governmental entities via prime contractors.

Additional Information

Miller Industries, Inc. was incorporated in 1990 and is headquartered in Ooltewah, Tennessee. The company markets its products under well-known brands such as Century, Vulcan, and Champion, which enhances its visibility and market presence in the towing industry.

Company Information

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

1,805

CEO

Mr. William G. Miller II

Country

United States

IPO Year

1994

Miller Industries Inc-TN (MLR) Latest News & Analysis

MLR stock latest news image
Quick Summary

Zacks utilizes its Rank system, prioritizing earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks for investors.

Why It Matters

The Zacks Rank system highlights stocks with favorable earnings estimates, guiding investors toward potential high-performing investments based on current market trends.

Source: Zacks Investment Research
Market Sentiment: Positive
MLR stock latest news image
Quick Summary

Miller Industries (MLR) is being evaluated as a potential top stock pick for momentum investors. Further analysis may provide insights into its investment viability.

Why It Matters

Miller Industries' potential as a top momentum stock could attract investor interest, influencing share price movements and trading strategies.

Source: Zacks Investment Research
Market Sentiment: Positive
MLR stock latest news image
Quick Summary

Miller Industries (MLR) has shown strong recent price performance and is identified as a potential investment opportunity for maintaining its uptrend.

Why It Matters

Miller Industries (MLR) shows strong price momentum, indicating potential for continued growth, making it an attractive option for investors seeking upward-trending stocks.

Source: Zacks Investment Research
Market Sentiment: Positive
MLR stock latest news image
Quick Summary

Miller Industries (MLR) is noted for its strong growth potential, suggesting it may offer exceptional returns for investors.

Why It Matters

Miller Industries' strong growth potential indicates possible high returns, attracting investors seeking to capitalize on growth opportunities and enhance portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive
MLR stock latest news image
Quick Summary

Miller Industries' stock has surged 151.9% since March 2022. Revenue grew from increased OEM deliveries, but net income fell due to higher costs. The stock remains attractively priced.

Why It Matters

Miller Industries' stock surge signals strong market confidence, despite income challenges. Its attractive valuation relative to peers suggests further growth potential for investors.

Source: Seeking Alpha
Market Sentiment: Positive
MLR stock latest news image
Quick Summary

Miller Industries, Inc. (NYSE: MLR) will hold one-on-one investor meetings at the Raymond James Sonoma Small Cap Summit on November 18, 2024, led by CEO William Miller II and CFO Deborah Whitmire.

Why It Matters

Miller Industries' CEO and CFO engaging with investors signals potential insights into company performance and strategy, impacting investor sentiment and stock valuation.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About MLR Stock

What is Miller Industries Inc-TN's (MLR) stock forecast for 2025?

Based on our analysis of 1 Wall Street analysts, Miller Industries Inc-TN (MLR) has a median price target of $78.00. The highest price target is $82.00 and the lowest is $74.00.

Is MLR stock a good investment in 2025?

According to current analyst ratings, MLR has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $62.80. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MLR stock?

Wall Street analysts predict MLR stock could reach $78.00 in the next 12 months. This represents a 24.2% increase from the current price of $62.80. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Miller Industries Inc-TN's business model?

The company generates revenue by manufacturing and selling a range of towing and recovery equipment, including wreckers and car carriers. It operates through independent distributors across North America and also supplies products to governmental entities via prime contractors.

What is the highest forecasted price for MLR Miller Industries Inc-TN?

The highest price target for MLR is $82.00 from Michael Shlisky at DA Davidson, which represents a 30.6% increase from the current price of $62.80.

What is the lowest forecasted price for MLR Miller Industries Inc-TN?

The lowest price target for MLR is $74.00 from at , which represents a 17.8% increase from the current price of $62.80.

What is the overall MLR consensus from analysts for Miller Industries Inc-TN?

The overall analyst consensus for MLR is neutral. Out of 1 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $78.00.

How accurate are MLR stock price projections?

Stock price projections, including those for Miller Industries Inc-TN, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.