Company profile

Ticker
MLHR
Exchange
CEO
Andrea Owen
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Miller Herman Inc
SEC CIK
IRS number
380837640

MLHR stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

6 Jan 20
3 Apr 20
30 May 20

News

Company financial data Financial data

Quarter (USD) Nov 19 Aug 19 Jun 19 Mar 19
Revenue 674.2M 670.9M 671M 619M
Net income 78.6M 48.2M 46.2M 39.2M
Diluted EPS 1.32 0.81 0.78 0.66
Net profit margin 11.66% 7.18% 6.89% 6.33%
Operating income 62.4M 60.1M 56.6M 47.8M
Net change in cash 17.5M 300K 45.7M -100K
Cash on hand 177M 159.5M 159.2M 113.5M
Cost of revenue 418.7M 424.8M 422.8M 398M
Annual (USD) May 16 May 15
Revenue 2.26B 2.14B
Net income 136.7M 97.5M
Diluted EPS 2.26 1.62
Net profit margin 6.04% 4.55%
Operating income 211.5M 163.4M
Net change in cash 21.2M
Cash on hand 84.9M 63.7M
Cost of revenue 1.39B 1.35B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
9 Feb 20 Gregory J Bylsma Common Stock Payment of exercise Dispose F 40.63 5,880.222 238.91K 22,930.256
9 Feb 20 Gregory J Bylsma RSU Common Stock Option exercise Dispose M 0 12,757 0 13,097
9 Feb 20 Bruce Benedict Watson Common Stock Payment of exercise Dispose F 40.63 3,609.72 146.66K 32,809
9 Feb 20 Bruce Benedict Watson Common Stock Option exercise Aquire M 0 11,797 0 36,418.72
9 Feb 20 Bruce Benedict Watson RSU Common Stock Option exercise Dispose M 0 11,797 0 9,110
9 Feb 20 Gregory J Bylsma Common Stock Payment of exercise Dispose F 40.63 5,880.222 238.91K 22,930.026
9 Feb 20 Gregory J Bylsma Common Stock Option exercise Aquire M 0 12,757 0 28,810.248
9 Feb 20 Jeremy J Hocking Common Stock Payment of exercise Dispose F 40.63 3,276.032 133.11K 9,206.942
9 Feb 20 Jeremy J Hocking Common Stock Option exercise Aquire M 0 7,301 0 12,482.974
9 Feb 20 Jeremy J Hocking RSU Common Stock Option exercise Dispose M 0 7,301 0 6,157
84.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 301 302 -0.3%
Opened positions 46 41 +12.2%
Closed positions 47 36 +30.6%
Increased positions 110 114 -3.5%
Reduced positions 106 99 +7.1%
13F shares
Current Prev Q Change
Total value 8.13B 5.54B +46.7%
Total shares 49.71M 48.45M +2.6%
Total puts 102.6K 52.7K +94.7%
Total calls 73.6K 39.4K +86.8%
Total put/call ratio 1.4 1.3 +4.2%
Largest owners
Shares Value Change
BLK BlackRock 6.86M $285.93M +2.0%
Vanguard 5.75M $239.64M +1.5%
LSV Asset Management 2.74M $114.05M +0.3%
Aqr Capital Management 2.57M $107.04M +35.2%
STT State Street 1.85M $77.49M -0.7%
Dimensional Fund Advisors 1.74M $72.46M -2.3%
Fuller & Thaler Asset Management 1.28M $53.4M +5.2%
Geode Capital Management 1.2M $49.9M +5.8%
Acadian Asset Management 972.17K $40.49M +54.0%
Norges Bank 967.77K $40.31M NEW
Largest transactions
Shares Bought/sold Change
Norges Bank 967.77K +967.77K NEW
Van Berkom & Associates 829.89K -687.79K -45.3%
Aqr Capital Management 2.57M +669.54K +35.2%
Lord, Abbett & Co. 652.83K +652.83K NEW
Renaissance Technologies 15.2K -367.07K -96.0%
JPM JPMorgan Chase & Co. 182.06K -345.31K -65.5%
Acadian Asset Management 972.17K +340.84K +54.0%
Wellington Management 476.77K -326.91K -40.7%
William Blair Investment Management 306.46K +306.46K NEW
SG Capital Management 303.65K +303.65K NEW

Financial report summary

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Risks
  • Tariffs imposed by the U.S. government could have a material adverse effect on our results of operations.
  • Adverse economic and industry conditions could have a negative impact on our business, results of operations, and financial condition.
  • The markets in which we operate are highly competitive and we may not be successful in winning new business.
  • Our business presence outside the United States exposes us to certain risks that could negatively affect our results of operations and financial condition.
  • We are subject to risks and costs associated with protecting the integrity and security of our systems and confidential information.
  • A sustained downturn in the economy could adversely impact our access to capital.
  • Disruptions in the supply of raw and component materials could adversely affect our manufacturing and assembly operations.
  • Increases in the market prices of manufacturing materials may negatively affect our profitability.
  • Disruptions within our dealer network could adversely affect our business.
  • Increasing competition for highly skilled and talented workers could adversely affect our business.
  • Costs related to product defects could adversely affect our profitability.
  • We are subject to risks associated with self-insurance related to health benefits.
  • Government and other regulations could adversely affect our business.
Management Discussion
  • Consolidated net trade orders for fiscal 2019 totaled $2,614.9 million compared to $2,408.2 million in fiscal 2018, an increase of 8.6 percent. On an organic basis, which excludes the impact of the adoption of ASC 606, as well as foreign currency translation and dealer divestitures, orders increased by 7.7 percent from last fiscal year. The impact of the adoption of ASC 606 increased orders by $35.7 million in the current year and changes in foreign currency for the fiscal year increased orders by approximately $13.7 million as compared to the prior year. Dealer divestitures had a $2.2 million unfavorable impact on current year orders.
  • The Company's backlog of unfilled orders at the end of fiscal 2019 totaled $394.2 million, a 12.4 percent increase from the fiscal 2018 ending backlog of $350.7 million.
  • (1) Non-GAAP measurements; see accompanying reconciliations and explanations.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: ApS, assumed, billing, contemporary, Cut, decease, employed, harmonized, Harrogate, HMHL, immaterial, Index, innovation, NaN, naughtone, outlet, partly, picture, promote, purpose, refund, reorganization, repatriate, revision, tangible, TCJA, treatment, UK, unemployment, upscale, voting, Wisconsin, withholding, Yorkshire
Removed: achievement, agent, conducive, enacted, exemption, GDP, indemnification, invested, liquidable, permanently, postretirement, prepaid, reinvest, system, tariff, taxation