Zacks Investment Research downgraded Herman Miller, Inc. (NASDAQ:MLHR) to Sell in a statement released earlier today.
- Updated: September 27, 2016
Boasting a price of $29.00, Herman Miller, Inc. (NASDAQ:MLHR) traded -0.68% lower on the day. With the last close down -8.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Herman Miller, Inc. has recorded a 50-day average of $34.16 and a two hundred day average of $31.77. Volume of trade was up over the average, with 590,446 shares of MLHR changing hands over the typical 391,891
Zacks Investment Research has downgraded Herman Miller, Inc. (NASDAQ:MLHR) to Sell in a statement released on 09/28/2016.
With a total market value of $0, Herman Miller, Inc. has price-earnings ratio of 12.61 with a one year low of $22.60 and a one year high of $36.46 .
A total of 2 analysts have released a research note on MLHR. Three analysts rating the company a strong buy, zero analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $37.00.
More About Herman Miller, Inc. (NASDAQ:MLHR)
Herman Miller, Inc. is engaged in the research, design, manufacture, sale and distribution of office furniture systems, seating products, home furnishings and related services, among others. The Company's segments include North American Furniture Solutions, which includes the design, manufacture and sale of furniture products for work-related settings, including office, education and healthcare environments, across the United States and Canada; EMEA, Latin America, and Asia Pacific (ELA) Furniture Solutions, which includes the operations associated with the design, manufacture, and sale of furniture products, primarily for work-related settings, in the Europe, Middle East and Africa (EMEA), Latin America and Asia-Pacific geographic regions, among others; Specialty segment, which includes the design, manufacture and sale of furniture products and textiles, and Consumer segment, which includes the sale of modern design furnishings and accessories to third-party retail distributors.
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