Did you buy a fancy office chair for a home office in 2020? Think about how many times people searched for "ergonomic desk chair" during the pandemic. Probably millions.
That may help explain upscale furniture maker Hermann Miller's strong stock appreciation this year, as the company recently reported strong earnings. According to company filings, gross margins were 39.0%, reflecting an increase of 110 basis points from last year. The company also reported strong expense control with operating expenses down $18.1 million from last year, and continued quarterly operating margin expansion over the prior year, including a retail operating margin of 16.7%.
In the analysis below, A.I.dvisor takes a look 9 stocks within the Office Supply Theme, which underscores Hermann Miller's relative strength within the group. Keep reading for trade ideas.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
MLKN saw its Momentum Indicator move above the 0 level on October 05, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 67 similar instances where the indicator turned positive. In 50 of the 67 cases, the stock moved higher in the following days. The odds of a move higher are at 75%.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MLKN's RSI Indicator exited the oversold zone, 30 of 43 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 70%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 40 of 58 cases where MLKN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 69%.
The Moving Average Convergence Divergence (MACD) for MLKN just turned positive on October 05, 2026. Looking at past instances where MLKN's MACD turned positive, the stock continued to rise in 29 of 42 cases over the following month. The odds of a continued upward trend are 69%.
Following a +2.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where MLKN advanced for three days, in 213 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.
MLKN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
MLKN moved below its 50-day moving average on September 08, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for MLKN crossed bearishly below the 50-day moving average on September 11, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 57%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MLKN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 74%.
The Aroon Indicator for MLKN entered a downward trend on October 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of 7 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.029) is normal, around the industry mean (4.844). P/E Ratio (15.364) is within average values for comparable stocks, (59.354). Projected Growth (PEG Ratio) (0.840) is also within normal values, averaging (1.123). Dividend Yield (0.037) settles around the average of (0.022) among similar stocks. P/S Ratio (0.379) is also within normal values, averaging (1.671).
The Tickeron Price Growth Rating for this company is 46 (best 1 - 100 worst), indicating steady price growth. MLKN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 78 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 99 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MLKN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of office furniture systems and seating products
Industry HomeFurnishings