Miller Industries (NYSE:MLR) Releases FY 2025 Earnings Guidance

Miller Industries (NYSE:MLR) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.900-3.200 for the period, compared to the consensus EPS estimate of 5.940. The company issued revenue guidance of $950.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.4 billion.

Analysts Set New Price Targets

MLR has been the subject of several research reports. StockNews.com lowered Miller Industries from a “buy” rating to a “hold” rating in a report on Wednesday, November 13th. DA Davidson reissued a “buy” rating and issued a $82.00 target price on shares of Miller Industries in a research report on Friday, November 15th.

Miller Industries Stock Up 0.2 %

Miller Industries stock traded up $0.10 during mid-day trading on Wednesday, hitting $54.72. 161,243 shares of the company’s stock were exchanged, compared to its average volume of 90,850. Miller Industries has a 1-year low of $44.55 and a 1-year high of $78.25. The stock has a 50 day moving average of $64.46 and a two-hundred day moving average of $65.11. The company has a current ratio of 2.12, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market cap of $625.96 million, a P/E ratio of 9.07 and a beta of 0.97.

Miller Industries (NYSE:MLR) last issued its quarterly earnings data on Wednesday, March 5th. The auto parts company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.18). Miller Industries had a net margin of 5.23% and a return on equity of 18.76%. As a group, analysts anticipate that Miller Industries will post 5.68 EPS for the current fiscal year.

Miller Industries Company Profile

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.