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

Miller Industries (NYSE:MLR) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.900-3.200 for the period, compared to the consensus earnings per share 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.

Miller Industries Stock Up 0.2 %

MLR stock opened at $54.72 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.12 and a quick ratio of 1.46. The stock has a market capitalization of $625.96 million, a P/E ratio of 9.07 and a beta of 0.97. Miller Industries has a fifty-two week low of $41.24 and a fifty-two week high of $78.25. The business has a 50-day moving average of $64.21 and a 200-day moving average of $65.04.

Analyst Ratings Changes

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

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.