Miller Industries, Inc. (NYSE:MLR) issued its quarterly earnings results on Wednesday. The auto parts company reported $0.39 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Miller Industries had a net margin of 3.01% and a return on equity of 9.69%. The business had revenue of $153.36 million for the quarter.
Shares of Miller Industries (NYSE:MLR) opened at $25.25 on Friday. The company has a market cap of $305.51, a PE ratio of 16.89 and a beta of 0.59. Miller Industries has a fifty-two week low of $22.80 and a fifty-two week high of $29.00. The company has a current ratio of 2.22, a quick ratio of 1.58 and a debt-to-equity ratio of 0.10.
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Separately, BidaskClub lowered shares of Miller Industries from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.
About Miller Industries
Miller Industries, Inc is a manufacturer of towing and recovery equipment. The Company manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. It has domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France and the United Kingdom.
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