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How to Buy Millerknoll Stock

Millerknoll Inc

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. The company operates in four segments: Americas Contract, International Contract, Global Retail, and Knoll.

Millerknoll stock last closed at $28.67, up 1.16% from the previous day, and has increased 79.19% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.7 percentage points. Millerknoll stock is currently +117.2% from its 52-week low of $13.20, and -8.49% from its 52-week high of $31.33.

At the moment, there are 71.64M shares of MLKN outstanding. The market value of MLKN is $2.05B. In the last 24 hours, 929,859 MLKN shares were traded.

How to Buy Millerknoll Stock

Wondering how to invest in Millerknoll stock? Here's how.
  1. Choose where to buy Millerknoll stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Millerknoll stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your payment method and add your info.
  4. Evaluate Millerknoll stock: The Millerknoll ticker symbol is MLKN. Is Millerknoll stock a good investment? Should you buy shares of MLKN? How do MLKN's underlying business fundamentals look? Do top analysts think Millerknoll is a good buy? Why has MLKN's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if MLKN is a good stock to buy).
  5. Make your MLKN buy order: Decide if you will purchase MLKN shares at the current market price or use a limit order to buy MLKN stock at a specific price.
  6. Get updates on your MLKN investment: Create a watchlist to get the latest news on your investment in Millerknoll stock.

Step 1: Choose where to buy Millerknoll stock

You need an online brokerage account to access the NASDAQ market and buy MLKN shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you are able to buy MLKN stock today.

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Step 3: Fund your investment account

Now that you've created your account on stock market apps, you need to deposit funds:

Check out this video walkthrough to see the process of transferring money into your brokerage account.

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Step 4: Evaluate Millerknoll stock

Once you have chosen the best place to buy Millerknoll stock, it's very important to evaluate their stock before you invest, so you truly understand the risk and opportunity.

Millerknoll quick stats

MLKN Price
$28.67
1w %
4.9%
1y %
79.19%
5y %
-23.2%
P/E
29.26x
P/B
1.48x
P/S
0.56x
PEG
N/A
Revenue
$3.70B
Earnings
$72.30M
Fore. Rev. Growth
-0.12%
Fore. Earn. Growth
N/A
Market Cap
$2.05B
Next Earnings
Jul 10, 2024
Next Dividend
Jul 15, 2024

Millerknoll Zen Score

WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on MLKN's stock page.

Is MLKN stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MLKN's fair value.

Using relative valuations methods:

  • MLKN may be overvalued based on its P/E ratio of 29.26x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 18.57x
  • MLKN could be undervalued based on its P/B ratio of 1.48x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.26x

You can do additional valuation research on MLKN's stock here.

A look at MLKN Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • MLKN profit margin has gone up from 1.5% to 2% in the past year.
  • There are more short-term assets than short-term liabilities on the MLKN balance sheet.
  • MLKN's operating cash flow of $366.40M allows it to safely service it's debt of $1.76B.

Failed Financial Due Diligence Checks:

  • MLKN earnings of $162.00M is not enough to cover its interest payments.
  • Total MLKN debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the MLKN balance sheet.
  • MLKN has a relatively high debt to equity ratio of 1.87.

You can dig deeper into what analysts are saying on the Millerknoll stock forecast page.

MLKN Momentum

SMA10
27.58
SMA20
26.66
SMA50
27.35
SMA100
27.48
SMA200
25.2
MACD
0.44
MACD Signal
0.1
MACD Histogram
0.34
RSI
65.88
Stochastic %K
93.22
Stochastic %D
92.76
StochRSI %K
100
StochRSI %D
100

MLKN Earnings

Last year, MLKN earnings were $72.30M. During the last 5 year, MLKN's earnings have gone up by -16.88% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 7.15%.

Last year, MLKN revenue was $3.70B. In the last five year, MLKN's revenue has gone up by 8.01% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 6.95%.

Dig into MLKN's earnings and revenue performance here.

Who is buying/selling MLKN?

Over the past year, insiders at MLKN have sold more shares than they have bought.

Christopher M. Baldwin, Group President of MLKN, was the latest MLKN insider to sell. They sold $153,765.85 worth of MLKN shares on Feb 16, 2024.

Research more about who owns MLKN shares here.

Can I get consistent income from MLKN stock?

Millerknoll pays a dividend of 2.62%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 4.24%. If you owned $1,000 worth of MLKN stock, you would have received $26.16 in the past year.

Millerknoll dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Millerknoll dividend yield and history here.

What do other traders have to say about MLKN?

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Step 5: Make your MLKN buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Get updates on your MLKN investment

Now that you own some MLKN stock, you'll want to stay up-to-date on your new stock purchase.

Start a watchlist to see the latest developments about your MLKN stock.

MLKN Feed

How to Buy Stock in Millerknoll

To reiterate, here are the 6 steps you need to take to buy Millerknoll stock right now:

  1. Choose where to buy Millerknoll stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Millerknoll stock
  5. Make your MLKN buy order
  6. Get updates on your MLKN investment

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Millerknoll, get started below.

NASDAQ: MLKN
$28.67+0.33 (+1.16%)
Updated May 17, 2024
Open eToro Account
NASDAQ: MLKN
$28.67+0.33 (+1.16%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Millerknoll share?

As of May 17, 2024, it costs $28.67 to buy one share of Millerknoll stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.349 shares of MLKN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Millerknoll stock?

One way to place an order for Millerknoll stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.