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Herman Miller, Inc. (MLHR) Catches Eye: Stock Jumps 8.3%

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Herman Miller, Inc. was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $29.4 to $32.6 in the past one-month time frame.

The price of the stock seems to have appreciated following the better-than-expected quarterly earnings results.

The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Herman Miller, Inc. Price and Consensus

Herman Miller currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Business Services sector is WageWorks, Inc. , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is MLHR going up? Or down? Predict to see what others think: Up or Down

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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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