Myers Industries Stock Buy Hold or Sell Recommendation
| MYE Stock | USD 12.78 0.34 2.73% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Myers Industries is 'Buy'. Macroaxis provides Myers Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MYE positions.
Check out Myers Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide. Note, we conduct extensive research on individual companies such as Myers and provide practical buy, sell, or hold advice based on investors' constraints. Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Myers |
Execute Myers Industries Buy or Sell Advice
The Myers recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Myers Industries. Macroaxis does not own or have any residual interests in Myers Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Myers Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Myers Industries Trading Alerts and Improvement Suggestions
| Myers Industries had very high historical volatility over the last 90 days | |
| Myers Industries has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Disposition of 319 shares by Jeffrey Baker of Myers Industries at 20.84 subject to Rule 16b-3 |
Myers Industries Returns Distribution Density
The distribution of Myers Industries' historical returns is an attempt to chart the uncertainty of Myers Industries' future price movements. The chart of the probability distribution of Myers Industries daily returns describes the distribution of returns around its average expected value. We use Myers Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Myers Industries returns is essential to provide solid investment advice for Myers Industries.
| Mean Return | 0.22 | Value At Risk | -4.7 | Potential Upside | 3.77 | Standard Deviation | 4.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Myers Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Myers Stock Institutional Investors
| Shares | State Street Corp | 2024-12-31 | 835.3 K | Barington Capital Group L P | 2024-12-31 | 820.2 K | Hotchkis & Wiley Capital Management Llc | 2024-12-31 | 814.4 K | Ameriprise Financial Inc | 2024-12-31 | 805.6 K | Bank Of New York Mellon Corp | 2024-12-31 | 474 K | Nuveen Asset Management, Llc | 2024-12-31 | 437.8 K | American Century Companies Inc | 2024-12-31 | 434.5 K | Teton Advisors Inc | 2024-12-31 | 399 K | Jane Street Group Llc | 2024-12-31 | 388.9 K | Gamco Investors, Inc. Et Al | 2024-12-31 | 3.4 M | Blackrock Inc | 2024-12-31 | 2.8 M |
Myers Industries Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (47.2M) | (10.6M) | 5.5M | 7.2M | 1.9M | 2.0M | |
| Free Cash Flow | 33.1M | 27.0M | 48.3M | 63.3M | 54.9M | 57.6M | |
| Depreciation | 20.9M | 20.9M | 21.2M | 22.8M | 38.6M | 27.0M | |
| Other Non Cash Items | (10.5M) | (2.8M) | 1.3M | 1.1M | 28.3M | 29.7M | |
| Capital Expenditures | 13.4M | 17.9M | 24.3M | 22.9M | 24.4M | 19.7M | |
| Net Income | 36.8M | 33.5M | 60.3M | 48.9M | 7.2M | 6.8M | |
| End Period Cash Flow | 28.3M | 17.7M | 23.1M | 30.3M | 32.2M | 33.8M | |
| Change To Inventory | (7.9M) | (24.9M) | 8.0M | 2.6M | 6.2M | 6.5M | |
| Dividends Paid | 19.4M | 19.6M | 19.8M | 20.2M | 20.4M | 13.0M | |
| Change Receivables | 12.5M | (11.6M) | (15.3M) | (23.6M) | (21.3M) | (20.2M) | |
| Change To Netincome | 9.6M | 1.8M | 3.2M | 10.4M | 11.9M | 12.5M | |
| Investments | 1.2M | (50.3M) | (50.4M) | (22.8M) | (372.5M) | (353.9M) |
Myers Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Myers Industries or Containers & Packaging sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Myers Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Myers stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 4.43 | |
Ir | Information ratio | 0.07 |
Myers Industries Volatility Alert
Myers Industries shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Myers Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Myers Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Myers Industries Fundamentals Vs Peers
Comparing Myers Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Myers Industries' direct or indirect competition across all of the common fundamentals between Myers Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Myers Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Myers Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Myers Industries to competition |
| Fundamentals | Myers Industries | Peer Average |
| Return On Equity | 0.0253 | -0.31 |
| Return On Asset | 0.0688 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 850.46 M | 16.62 B |
| Shares Outstanding | 37.3 M | 571.82 M |
| Shares Owned By Insiders | 1.76 % | 10.09 % |
| Shares Owned By Institutions | 90.98 % | 39.21 % |
| Number Of Shares Shorted | 762.1 K | 4.71 M |
| Price To Earning | 22.20 X | 28.72 X |
| Price To Book | 1.69 X | 9.51 X |
| Price To Sales | 0.57 X | 11.42 X |
| Revenue | 836.28 M | 9.43 B |
| Gross Profit | 275.26 M | 27.38 B |
| EBITDA | 44.48 M | 3.9 B |
| Net Income | 7.2 M | 570.98 M |
| Cash And Equivalents | 22.43 M | 2.7 B |
| Cash Per Share | 0.62 X | 5.01 X |
| Total Debt | 413.87 M | 5.32 B |
| Debt To Equity | 0.60 % | 48.70 % |
| Current Ratio | 1.72 X | 2.16 X |
| Book Value Per Share | 7.45 X | 1.93 K |
| Cash Flow From Operations | 79.29 M | 971.22 M |
| Short Ratio | 2.70 X | 4.00 X |
| Earnings Per Share | 0.19 X | 3.12 X |
| Price To Earnings To Growth | 14.87 X | 4.89 X |
| Target Price | 22.0 | |
| Number Of Employees | 2.7 K | 18.84 K |
| Beta | 1.23 | -0.15 |
| Market Capitalization | 476.64 M | 19.03 B |
| Total Asset | 860.82 M | 29.47 B |
| Retained Earnings | (48.46 M) | 9.33 B |
| Working Capital | 112.19 M | 1.48 B |
Note: Acquisition by Aaron Schapper of 1972 shares of Myers Industries at 12.67 subject to Rule 16b-3 [view details]
Myers Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Myers . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Myers Industries Buy or Sell Advice
When is the right time to buy or sell Myers Industries? Buying financial instruments such as Myers Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Myers Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Healthcare Funds Thematic Idea Now
Healthcare Funds
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Myers Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 0.54 | Earnings Share 0.19 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.