Myers Industries Stock Analysis

MYE Stock  USD 12.05  0.47  3.75%   
Myers Industries is undervalued with Real Value of 12.85 and Target Price of 22.0. The main objective of Myers Industries stock analysis is to determine its intrinsic value, which is an estimate of what Myers Industries is worth, separate from its market price. There are two main types of Myers Industries' stock analysis: fundamental analysis and technical analysis.
The Myers Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Myers Industries' ongoing operational relationships across important fundamental and technical indicators.
  
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.

Myers Stock Analysis Notes

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. Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company was founded in 1933 and is headquartered in Akron, Ohio. Myers Industries operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 2725 people. To find out more about Myers Industries contact Andrean Horton at 330 253 5592 or learn more at https://www.myersindustries.com.

Myers Industries Quarterly Total Revenue

203.88 Million

Myers Industries Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Myers Industries' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Myers Industries or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Myers Industries had very high historical volatility over the last 90 days
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 Upcoming and Recent Events

6th of March 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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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

Myers Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-10-21
2010-09-300.080.090.0112 
2009-07-23
2009-06-300.080.090.0112 
2008-11-07
2008-09-300.090.08-0.0111 
View All Earnings Estimates

Myers Industries Environmental, Social, and Governance (ESG) Scores

Myers Industries' ESG score is a quantitative measure that evaluates Myers Industries' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Myers Industries' operations that may have significant financial implications and affect Myers Industries' stock price as well as guide investors towards more socially responsible investments.

Myers Industries Thematic Classifications

In addition to having Myers Industries stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Rubber and Plastic Products Idea
Rubber and Plastic Products
USA Equities from Rubber and Plastic Products industry as classified by Fama & French

Myers Stock Institutional Investors

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 Corp2024-12-31
835.3 K
Barington Capital Group L P2024-12-31
820.2 K
Hotchkis & Wiley Capital Management Llc2024-12-31
814.4 K
Ameriprise Financial Inc2024-12-31
805.6 K
Bank Of New York Mellon Corp2024-12-31
474 K
Nuveen Asset Management, Llc2024-12-31
437.8 K
American Century Companies Inc2024-12-31
434.5 K
Teton Advisors Inc2024-12-31
399 K
Jane Street Group Llc2024-12-31
388.9 K
Gamco Investors, Inc. Et Al2024-12-31
3.4 M
Blackrock Inc2024-12-31
2.8 M
Note, although Myers Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Myers Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 449.42 M.

Myers Profitablity

The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.
Last ReportedProjected 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 

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 ReportedProjected 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 Value712.5 M384.6 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.
Dividend Yield
0.0448
Operating Margin
0.1044
Profit Margin
0.0086
Forward Dividend Yield
0.0448
Beta
1.226

Technical Drivers

As of the 23rd of March, Myers Industries secures the Downside Deviation of 2.97, risk adjusted performance of 0.0219, and Mean Deviation of 2.24. 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 Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Myers Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Myers Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 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.

Myers Industries Predictive Daily 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
F4
13th 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
F4
11th 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
8K
6th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
30th of January 2025
Other Reports
ViewVerify
F4
3rd of January 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

Myers Industries Forecast Models

Myers Industries' time-series forecasting models are one of many Myers Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Myers Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Myers Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Myers Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Myers shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Myers Industries. By using and applying Myers Stock analysis, traders can create a robust methodology for identifying Myers entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.02  0.02 
Operating Profit Margin 0.05  0.08 
Net Profit Margin 0.01  0.01 
Gross Profit Margin 0.32  0.34 

Current Myers Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Myers analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Myers analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
22.0Hold1Odds
Myers Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Myers analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Myers stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Myers Industries, talking to its executives and customers, or listening to Myers conference calls.
Myers Analyst Advice Details

Myers Stock Analysis Indicators

Myers Industries stock analysis indicators help investors evaluate how Myers Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Myers Industries shares will generate the highest return on investment. By understating and applying Myers Industries stock analysis, traders can identify Myers Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow30.3 M
Long Term Debt355.3 M
Common Stock Shares Outstanding37.4 M
Total Stockholder Equity277.5 M
Tax Provision6.3 M
Quarterly Earnings Growth Y O Y-0.676
Property Plant And Equipment Net168.1 M
Cash And Short Term Investments32.2 M
Cash32.2 M
Accounts Payable71 M
Net Debt381.6 M
50 Day M A11.8498
Total Current Liabilities147.1 M
Other Operating Expenses791.8 M
Non Current Assets Total601.5 M
Non Currrent Assets Other11.3 M
Stock Based Compensation1.7 M

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When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
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