$23.88
0.75%
Nasdaq, Fri, Nov 15 2024
ISIN
US6005441000
Symbol
MLHR

Herman Miller, Inc. Target price 2024 - Analyst rating & recommendation

Herman Miller, Inc. Classifications & Recommendation:

Hold
100%

Herman Miller, Inc. Price Target

Target Price $33.00
Price $23.88
Potential
Number of Estimates 2
2 Analysts have issued a price target Herman Miller, Inc. 2025 . The average Herman Miller, Inc. target price is $33.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 2 analysts: 0 Analysts recommend Herman Miller, Inc. to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Herman Miller, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Herman Miller, Inc. stock at Hold.

Sales and Margin forecast 2025, 2026 & 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
May '24 2025
Estimates
Revenue Billion $ 3.63 3.70
11.22% 2.00%
EBITDA Margin 10.19% 10.84%
18.03% 6.33%
Net Margin 2.12% 3.07%
127.33% 44.75%

4 Analysts have issued a sales forecast Herman Miller, Inc. 2025 . The average Herman Miller, Inc. sales estimate is

$3.7b
Unlock
. This is
3.60% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$3.7b 4.29%
Unlock
, the lowest is
$3.7b 2.37%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2024 $3.6b 11.22%
2025
$3.7b 2.00%
Unlock
2026
$3.9b 4.17%
Unlock

3 Analysts have issued an Herman Miller, Inc. EBITDA forecast 2025. The average Herman Miller, Inc. EBITDA estimate is

$401m
Unlock
. This is
19.09% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$417m 23.88%
Unlock
, the lowest is
$384m 13.80%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 $370m 4.79%
2025
$401m 8.50%
Unlock
2026
$432m 7.72%
Unlock

EBITDA Margin

2024 10.19% 18.03%
2025
10.84% 6.33%
Unlock
2026
11.21% 3.41%
Unlock

3 Herman Miller, Inc. Analysts have issued a net profit forecast 2025. The average Herman Miller, Inc. net profit estimate is

$113m
Unlock
. This is
88.12% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$119m 97.71%
Unlock
, the lowest is
$110m 82.75%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 $77.0m 101.82%
2025
$113m 47.45%
Unlock
2026
$161m 41.54%
Unlock

Net Margin

2024 2.12% 127.33%
2025
3.07% 44.75%
Unlock
2026
4.17% 35.83%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 & 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
May '24 2025
Estimates
Earnings Per Share $ 1.11 1.64
101.82% 47.75%
P/E 14.59
EV/Sales 0.90

3 Analysts have issued a Herman Miller, Inc. forecast for earnings per share. The average Herman Miller, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.64
Unlock
. This is
88.51% higher
Unlock
than earnings per share in the financial year 2024. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.72 97.70%
Unlock
, the lowest is
$1.59 82.76%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 $1.11 101.82%
2025
$1.64 47.75%
Unlock
2026
$2.32 41.46%
Unlock

P/E ratio

Current 27.32 50.83%
2025
14.59 46.60%
Unlock
2026
10.31 29.34%
Unlock

Based on analysts' sales estimates for 2025, the Herman Miller, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.93 5.68%
2025
0.90 3.05%
Unlock
2026
0.87 4.00%
Unlock

P/S ratio

Current 0.46 2.12%
2025
0.45 3.48%
Unlock
2026
0.43 4.01%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today