Myers Industries Stock Today
| MYE Stock | USD 10.97 0.29 2.58% |
PerformanceVery Weak
| Odds Of DistressLow
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Myers Industries is trading at 10.97 as of the 26th of February 2025, a 2.58 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.87. Myers Industries has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 1st of June 2024 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain Materials | IPO Date 8th of September 1987 | Category Consumer Cyclical |
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. The company has 37.26 M outstanding shares of which 778.65 K shares are now shorted by investors with about 3.26 days to cover. More on Myers Industries
Moving against Myers Stock
Myers Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Andrean Horton | ||||
| Thematic Idea | Rubber and Plastic Products (View all Themes) | ||||
| Business Concentration | Metal, Glass & Plastic Containers, Packaging & Containers, Consumer Cyclical, NYSE Composite, Rubber and Plastic Products, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsMyers Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Myers Industries' financial leverage. It provides some insight into what part of Myers Industries' total assets is financed by creditors.
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Myers Industries (MYE) is traded on New York Stock Exchange in USA. It is located in 1293 South Main Street, Akron, OH, United States, 44301 and employs 2,500 people. Myers Industries is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 389.36 M. Myers Industries runs under Containers & Packaging sector within Materials industry. The entity has 37.26 M outstanding shares of which 778.65 K shares are now shorted by investors with about 3.26 days to cover.
Myers Industries has about 22.43 M in cash with 86.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check Myers Industries Probability Of Bankruptcy
Ownership AllocationMyers Industries maintains a total of 37.26 Million outstanding shares. The majority of Myers Industries outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Myers Industries to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Myers Industries. Please pay attention to any change in the institutional holdings of Myers Industries as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Myers Stock Institutional Holders
| Instituion | Recorded On | 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 | |
| American Century Companies Inc | 2024-12-31 | 434.5 K | |
| Nuveen Asset Management, Llc | 2024-09-30 | 425.8 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 Historical Income Statement
Myers Stock Against Markets
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 (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share | Quarterly Revenue Growth 0.037 |
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.