Update shared on08 Aug 2025
Fair value Decreased 15%Despite a sharp upgrade in consensus revenue growth forecasts and a materially lower future P/E multiple, Miller Industries' consensus analyst price target has been reduced from $67.00 to $61.00.
What's in the News
- Miller Industries has been removed from multiple Russell indexes, including the Russell 2000 Growth, Russell 2500 Growth, Russell 3000 Growth, and Russell Microcap Growth indexes.
- The company was also dropped from various benchmark and growth-defensive variations of these indexes, such as the Russell 2000 Growth-Defensive and the Russell Small Cap Comp Growth Benchmark.
Valuation Changes
Summary of Valuation Changes for Miller Industries
- The Consensus Analyst Price Target has fallen from $67.00 to $61.00.
- The Consensus Revenue Growth forecasts for Miller Industries has significantly risen from 6.5% per annum to 16.8% per annum.
- The Future P/E for Miller Industries has significantly fallen from 13.58x to 9.70x.
Disclaimer
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