Miller Industries (MLR) Set to Announce Quarterly Earnings on Wednesday

Miller Industries (NYSE:MLR) is set to issue its quarterly earnings data after the market closes on Wednesday, August 7th.

Miller Industries (NYSE:MLR) last released its quarterly earnings results on Wednesday, May 8th. The auto parts company reported $0.76 earnings per share for the quarter. The company had revenue of $197.21 million for the quarter. Miller Industries had a return on equity of 15.98% and a net margin of 4.77%.

Miller Industries stock traded up $0.14 during mid-day trading on Tuesday, reaching $30.08. 310 shares of the stock traded hands, compared to its average volume of 36,183. The firm has a market capitalization of $345.20 million, a PE ratio of 9.64 and a beta of 0.99. The company has a quick ratio of 1.55, a current ratio of 2.27 and a debt-to-equity ratio of 0.14. Miller Industries has a 12-month low of $22.80 and a 12-month high of $35.26. The firm’s 50-day simple moving average is $30.60.

In other news, Director A Russell Chandler III sold 13,000 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $31.20, for a total value of $405,600.00. Following the completion of the transaction, the director now owns 66,833 shares of the company’s stock, valued at $2,085,189.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard H. Roberts sold 1,500 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $33.64, for a total value of $50,460.00. Following the completion of the transaction, the director now directly owns 33,732 shares of the company’s stock, valued at approximately $1,134,744.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,500 shares of company stock valued at $701,420. Company insiders own 3.90% of the company’s stock.

Separately, ValuEngine cut Miller Industries from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.

Miller Industries Company Profile

Miller Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of towing and recovery equipment. It 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 that are used to transport new or disabled vehicles and other equipment.

See Also: How to Invest in an Index Fund

Earnings History for Miller Industries (NYSE:MLR)

Receive News & Ratings for Miller Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miller Industries and related companies with MarketBeat.com's FREE daily email newsletter.