Is Myers Industries Stock a Good Investment?
Myers Industries Investment Advice | MYE |
- Examine Myers Industries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Myers Industries' leadership team and their track record. Good management can help Myers Industries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metal, Glass & Plastic Containers space and any emerging trends that could impact Myers Industries' business and its evolving consumer preferences.
- Compare Myers Industries' performance and market position to its competitors. Analyze how Myers Industries is positioned in terms of product offerings, innovation, and market share.
- Check if Myers Industries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Myers Industries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Myers Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Myers Industries is a good investment.
Sell | Buy |
Strong Hold
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 |
Examine Myers Industries Stock
Researching Myers Industries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Myers Industries last dividend was issued on the 14th of March 2025. The entity had 11:10 split on the 11th of August 2004.
To determine if Myers Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Myers Industries' research are outlined below:
| 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: Investors Can Find Comfort In Myers Industries Earnings Quality |
Myers Industries Quarterly Good Will |
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Myers Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Myers Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Myers Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Myers Industries' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Myers Industries' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-10-21 | 2010-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2009-07-23 | 2009-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2008-11-07 | 2008-09-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2004-10-22 | 2004-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2001-10-19 | 2001-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1993-10-19 | 1993-09-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2020-05-06 | 2020-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2017-05-08 | 2017-03-31 | 0.11 | 0.13 | 0.02 | 18 |
Know Myers Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Myers Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Myers Industries backward and forwards among themselves. Myers Industries' institutional investor refers to the entity that pools money to purchase Myers Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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' market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 449.42 M.Market Cap |
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Myers Industries' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.02 |
Determining Myers Industries' profitability involves analyzing its financial statements and using various financial metrics to determine if Myers Industries is a good buy. For example, gross profit margin measures Myers Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Myers Industries' profitability and make more informed investment decisions.
Please note, the presentation of Myers Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Myers Industries' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Myers Industries' management manipulating its earnings.
Evaluate Myers Industries' management efficiency
Myers Industries has Return on Asset of 0.0688 % which means that on every $100 spent on assets, it made $0.0688 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0253 %, implying that it generated $0.0253 on every 100 dollars invested. Myers Industries' management efficiency ratios could be used to measure how well Myers Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of March 23, 2025, Return On Tangible Assets is expected to decline to 0.02. In addition to that, Return On Capital Employed is expected to decline to 0.06. At present, Myers Industries' Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 174.6 M, whereas Non Currrent Assets Other are forecasted to decline to about 10.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.47 | 4.22 | |
| Tangible Book Value Per Share | (3.89) | (3.69) | |
| Enterprise Value Over EBITDA | 17.80 | 18.69 | |
| Price Book Value Ratio | 1.48 | 1.82 | |
| Enterprise Value Multiple | 17.80 | 18.69 | |
| Price Fair Value | 1.48 | 1.82 | |
| Enterprise Value | 712.5 M | 384.6 M |
The strategic vision of Myers Industries management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Basic technical analysis of Myers Stock
As of the 23rd of March, Myers Industries secures the Mean Deviation of 2.24, downside deviation of 2.97, and Risk Adjusted Performance of 0.0219. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Myers Industries, as well as the relationship between them. Please verify Myers Industries information ratio, as well as the relationship between the potential upside and kurtosis to decide if Myers Industries is priced some-what accurately, providing market reflects its recent price of 12.05 per share. Given that Myers Industries has jensen alpha of 0.1051, we recommend you to check Myers Industries's last-minute market performance to make sure the company can sustain itself at a future point.Myers Industries' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Myers Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Myers Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Myers Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Myers Industries' Outstanding Corporate Bonds
Myers Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Myers Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Myers bonds can be classified according to their maturity, which is the date when Myers Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Myers Industries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Myers Industries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0219 | |||
| Market Risk Adjusted Performance | 0.0927 | |||
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.83 | |||
| Downside Deviation | 2.97 | |||
| Coefficient Of Variation | 6341.28 | |||
| Standard Deviation | 4.31 | |||
| Variance | 18.57 | |||
| Information Ratio | 0.0291 | |||
| Jensen Alpha | 0.1051 | |||
| Total Risk Alpha | 0.3852 | |||
| Sortino Ratio | 0.0422 | |||
| Treynor Ratio | 0.0827 | |||
| Maximum Drawdown | 30.65 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 3.7 | |||
| Downside Variance | 8.83 | |||
| Semi Variance | 8.03 | |||
| Expected Short fall | (2.62) | |||
| Skewness | 4.07 | |||
| Kurtosis | 27.98 |
| Risk Adjusted Performance | 0.0219 | |||
| Market Risk Adjusted Performance | 0.0927 | |||
| Mean Deviation | 2.24 | |||
| Semi Deviation | 2.83 | |||
| Downside Deviation | 2.97 | |||
| Coefficient Of Variation | 6341.28 | |||
| Standard Deviation | 4.31 | |||
| Variance | 18.57 | |||
| Information Ratio | 0.0291 | |||
| Jensen Alpha | 0.1051 | |||
| Total Risk Alpha | 0.3852 | |||
| Sortino Ratio | 0.0422 | |||
| Treynor Ratio | 0.0827 | |||
| Maximum Drawdown | 30.65 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 3.7 | |||
| Downside Variance | 8.83 | |||
| Semi Variance | 8.03 | |||
| Expected Short fall | (2.62) | |||
| Skewness | 4.07 | |||
| Kurtosis | 27.98 |
Consider Myers Industries' intraday indicators
Myers Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Myers Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Myers Industries Corporate Filings
| 21st of March 2025 Other Reports | ViewVerify | |
F4 | 18th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of March 2025 Other Reports | ViewVerify | |
8K | 6th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Myers Stock media impact
Far too much social signal, news, headlines, and media speculation about Myers Industries that are available to investors today. That information is available publicly through Myers media outlets and privately through word of mouth or via Myers internal channels. However, regardless of the origin, that massive amount of Myers data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Myers Industries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Myers Industries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Myers Industries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Myers Industries alpha.
Myers Industries Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Myers Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Myers Industries Maximum Pain Price Across June 20th 2025 Option Contracts
Myers Industries' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Myers Industries close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Myers Industries' options.
Myers Industries Corporate Directors
| Sarah Coffin | Independent Director | Profile | |
| Bruce Lisman | Independent Director | Profile | |
| Ronald Feo | Independent Director | Profile | |
| Robert Stefanko | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
In summary, please note that there is a difference between Myers Industries' value and its price, as these two are different measures arrived at by various 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.