Stock Price Prediction

MLR stock closed at $65.97 on January 31, 2025, down 3.85% during regular trading. Analysts maintain a bullish view, with DA Davidson's Michael Shlisky assigning a "Strong Buy" rating and a price target of $82, citing strong financial performance, market leadership, and shareholder-focused initiatives like a $25 million share repurchase program. Despite recent volatility, the stock's fundamentals and growth prospects suggest potential upside of approximately 24% from the current price.

Miller Industries (MLR) is currently trading at $65.97, down 3.85% in regular market trading on January 31, 2025. The bearish view stems from concerns over rising debt levels ($70M as of Q2 2024) and declining cash reserves, which could pressure liquidity amidst potential supply chain disruptions. Additionally, steel price volatility and geopolitical risks may weigh on profitability, limiting upside potential despite its strong market position.

The market consensus for MLR's revenue in the upcoming quarter is projected to be approximately $342.55M USD.