Why These 15 Automotive Stocks Have Been Plunging In 2025

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13. Miller Industries Inc (NYSE:MLR)

Number of Hedge Fund Holders In Q4 2024: 14

Miller Industries Inc (NYSE:MLR) is a company that sells towing and recovery equipment, including wreckers, car carriers, and transport trailers.

The stock is down significantly so far in 2025 due to a disappointing Q4 2024 report and weak 2025 guidance.

Miller Industries reported Q4 2024 earnings that fell significantly short of analyst expectations. Revenue declined 25.1% year-over-year to $221.91 million and missed the consensus estimate of $294.3 million. The revenue drop was attributed to a decline in chassis shipments due to inconsistent delivery schedules from OEMs during Q4 2023

EPS came in at $0.91 and missed the $1.21 forecast. Gross margin improved slightly to 15.1%, but this did not offset the negative sentiment surrounding the results.

The company also issued weak guidance for 2025. It forecasts revenue between $950 million and $1 billion and EPS between $2.90 and $3.20. This is far below consensus estimates of $1.41 billion in revenue and $5.94 EPS.

The consensus price target of $82 implies 79.25% upside.

MLR stock is down 29.07% year-to-date.

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