Miller Industries, Inc. (NYSE:MLR)

CAPS Rating: 5 out of 5

The Company is a manufacturer of vehicle towing and recovery equipment, with executive offices in Ooltewah, Tennessee, domestic manufacturing operations in Tennessee and Pennsylvania and foreign manufacturing operations in France and the United Kingdom.


Player Avatar ElCid16 (97.08) Submitted: 12/20/2012 1:08:41 AM : Outperform Start Price: $16.43 MLR Score: -17.61

I think $15 represents good value. The company is an industry leader with solid management. EPS estimates for FY 2013 are $0.84 and $1.40 - I'm guessing that earnings end up on the lower end of that range. But the company has about $4 in cash per share, which easily supports the 3.5% yield. If the company has another year like 2011, this quickly becomes a $30 stock.

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