Openlane (NYSE:OPLN) & MillerKnoll (NASDAQ:MLKN) Critical Comparison

MillerKnoll (NASDAQ:MLKN) and Openlane (NYSE:OPLN) are both industrials companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, profitability, valuation, dividends and risk.

Profitability

This table compares MillerKnoll and Openlane’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MillerKnoll	2.57%	10.10%	3.39%
Openlane	9.67%	12.81%	3.62%

Earnings & Valuation

This table compares MillerKnoll and Openlane”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
MillerKnoll	$3.81 billion	0.39	$91.50 million	$1.41	15.13
Openlane	$2.08 billion	2.29	$177.70 million	($0.85)	-45.48

Openlane has lower revenue, but higher earnings than MillerKnoll. Openlane is trading at a lower price-to-earnings ratio than MillerKnoll, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for MillerKnoll and Openlane, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MillerKnoll	0	2	1	1	2.75
Openlane	0	3	4	0	2.57

Openlane has a consensus target price of $43.83, indicating a potential upside of 13.38%. Given Openlane’s higher probable upside, analysts plainly believe Openlane is more favorable than MillerKnoll.

Insider and Institutional Ownership

87.5% of MillerKnoll shares are held by institutional investors. Comparatively, 99.8% of Openlane shares are held by institutional investors. 5.5% of MillerKnoll shares are held by company insiders. Comparatively, 2.2% of Openlane shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Volatility & Risk

MillerKnoll has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, Openlane has a beta of 1.28, suggesting that its share price is 28% more volatile than the S&P 500.

Summary

Openlane beats MillerKnoll on 8 of the 15 factors compared between the two stocks.

About MillerKnoll

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

About Openlane

OPENLANE Inc. provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company’s end-to-end platform supports whole car, financing, logistics and other ancillary and related services. OPENLANE Inc., formerly known as KAR Auction Services Inc., is based in CARMEL, Ind.