Added to YB: 2024-01-24
Pitch date: 2024-01-23
MLR [bullish]
Miller Industries, Inc.
+31.7%
current return
Author Info
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Company Info
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment.
Market Cap
$617.4M
Pitch Price
$38.93
Price Target
60.00 (+17%)
Dividend
1.54%
EV/EBITDA
14.49
P/E
43.87
EV/Sales
0.74
Sector
Machinery
Category
growth
Show full summary:
Miller Industries: Remains Underfollowed And Undervalued
$MLR: Revs +30% for 3Qs, margins 2x to 8.6%; undervalued w/ $60 PT. Tailwinds: miles driven, aged fleet, infra spending, mfg/warehouse demand. Backlog, capacity, supply chain, regs support growth. $3.64 EPS YTD, $85 IV on growth & margin. Divs, debt paydown catalysts but liquidity risk.
Read full article (4 min)