Myers Industries Stock Today

MYE Stock  USD 12.65  0.33  2.54%   

Performance

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Odds Of Distress

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Low
Myers Industries is trading at 12.65 as of the 19th of March 2025, a 2.54 percent decrease since the beginning of the trading day. The stock's lowest day price was 12.55. Myers Industries has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 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 37.3 M outstanding shares of which 762.1 K shares are now shorted by investors with about 2.7 days to cover. More on Myers Industries

Moving against Myers Stock

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Follow Valuation Options Odds of Bankruptcy
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Myers Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAndrean Horton
Thematic IdeaRubber and Plastic Products (View all Themes)
Business ConcentrationMetal, 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.570.9715
Way Up
Slightly volatile
Gross Profit Margin0.340.3238
Sufficiently Up
Slightly volatile
Net Debt400.7 M381.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities99.3 M147.1 M
Way Down
Slightly volatile
Non Current Liabilities Total458 M436.2 M
Sufficiently Up
Slightly volatile
Total Assets444.2 M860.8 M
Way Down
Slightly volatile
Total Current Assets189.7 M259.3 M
Way Down
Slightly volatile
Total Cash From Operating Activities52.8 M79.3 M
Way Down
Slightly volatile
Debt Levels
Myers 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.
Liquidity
Myers Industries has 413.87 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Myers Industries has a current ratio of 1.69, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Myers to invest in growth at high rates of return.

Free Cash Flow

57.6 Million
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 2,700 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 484.1 M. Myers Industries runs under Containers & Packaging sector within Materials industry. The entity has 37.3 M outstanding shares of which 762.1 K shares are now shorted by investors with about 2.7 days to cover. Myers Industries has about 22.43 M in cash with 79.29 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 Allocation
Myers Industries maintains a total of 37.3 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.
Check Myers Ownership Details

Myers Stock Institutional Holders

InstituionRecorded OnShares
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
View Myers Industries Diagnostics

Myers Industries Historical Income Statement

At present, Myers Industries' EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 63.9 M, whereas Total Revenue is forecasted to decline to about 594.4 M. View More Fundamentals

Myers Stock Against Markets

Myers Industries Corporate Directors

Sarah CoffinIndependent DirectorProfile
Bruce LismanIndependent DirectorProfile
Ronald FeoIndependent DirectorProfile
Robert StefankoIndependent DirectorProfile
When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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
22.516
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.