Miller Industries (MLR) Expected to Announce Earnings on Wednesday

Miller Industries (NYSE:MLR) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $290.30 million for the quarter.

Miller Industries Stock Performance

Shares of MLR stock opened at $59.32 on Wednesday. Miller Industries has a 1 year low of $43.54 and a 1 year high of $78.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 2.12. The firm has a market cap of $678.56 million, a price-to-earnings ratio of 9.84 and a beta of 0.97. The stock’s 50-day moving average is $65.70 and its two-hundred day moving average is $65.12.

Wall Street Analyst Weigh In

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

About Miller Industries

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.