MYE

Myers Industries Inc

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Advanced Chart

15.840

+0.02(0.126%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.000

Open

16.000

VWAP

15.82

Vol

183.61K

Mkt Cap

592.57M

Low

15.610

Amount

2.90M

EV/EBITDA(TTM)

8.16

Total Shares

37.18M

930.39M

EV/OCF(TTM)

11.19

P/S(TTM)

0.72

Myers Industries, Inc. is a manufacturer of sustainable plastic and metal products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also a distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the United States. Its Material Handling segment manufactures a selection of durable plastic reusable containers that are used repeatedly. Its products include pallets, small parts bins, bulk shipping containers, storage and organization products, custom plastic products, consumer fuel containers, and tanks for water, fuel and waste handling. Its Distribution Segment is engaged in the distribution of tools, equipment and supplies used for tire servicing, wheel, and automotive under-vehicle service on passenger, heavy truck, and off-road vehicles and the manufacturing of tire repair materials and custom rubber. It also manufactures composite matting ground protection for industrial applications.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

220.60M

+0.17%

0.320

-17.95%

206.40M

+0.65%

0.280

+12%

203.40M

-0.23%

0.240

+26.32%

Estimates Revision

The market is revising Downward the revenue expectations for Myers Industries, Inc. (MYE) for FY2025, with the revenue forecasts being adjusted by -1.35% over the past three months. During the same period, the stock price has changed by 24.63%.

Revenue Estimates for FY2025

Revise Downward

-1.35%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.94%

In Past 3 Month

Stock Price

Go Up

+24.63%

In Past 3 Month

2 Analyst Rating

15.21% Upside

Wall Street analysts forecast MYE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MYE is 18.25 USD with a low forecast of 15.50 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

1 Hold

0 Sell

Moderate Buy

15.21% Upside

Current: 15.840

Low

15.50

Averages

18.25

High

21.00

15.21% Upside

Current: 15.840

Low

15.50

Averages

18.25

High

21.00

KeyBanc

Sector Weight -> Overweight

upgrade

$21

2025-06-13

Reason

KeyBanc

Price Target

$21

2025-06-13

upgrade

Sector Weight -> Overweight

Reason

KeyBanc last night upgraded Myers Industries to Overweight from Sector Weight with a $21 price target. The firm expects, at a minimum, meaningful cost restructuring and footprint rationalization in the near-term for Myers, and potentially significant portfolio changes including exiting distribution. These changes should lead to lower costs, higher margins, higher free cash flow, and faster debt paydown, ultimately leading to higher earnings power, the analyst tells investors in a research note. KeyBanc thinks new CEO Aaron Schapper "is seriously leaning into his role as a change agent." The company's board and management team "have finally come to realize drastic changes are required" to return Myers to growth and create value for shareholders, the firm contends.

KeyBanc

Christian Zyla

Sector Weight -> Overweight

upgrade

$21

2025-06-12

Reason

KeyBanc

Christian Zyla

Price Target

$21

2025-06-12

upgrade

Sector Weight -> Overweight

Reason

KeyBanc analyst Christian Zyla upgraded Myers Industries to Overweight from Sector Weight with a $21 price target.

Keybanc

Steve Barger

Buy

Hold

Downgrades

n/a

2024-11-06

Reason

Keybanc

Steve Barger

Price Target

n/a

2024-11-06

Downgrades

Buy

Hold

Reason

KeyBanc analyst Steve Barger downgraded Myers Industries to Sector Weight from Overweight.

Keybanc

Steve Barger

Buy

Maintains

$27 → $22

2024-10-09

Reason

Keybanc

Steve Barger

Price Target

$27 → $22

2024-10-09

Maintains

Buy

Reason

KeyBanc lowered the firm's price target on Myers Industries to $22 from $27 and keeps an Overweight rating on the shares after attending the company's Akro-Mils Facility in Wadsworth, OH. While the firm thinks Myers' earnings potential is underappreciated given the growth potential of its SHP subsegment, debt paydown, and future acquisitions, it acknowledges the uncertainty surrounding its surprising CEO announcement on September 9th.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Myers Industries Inc (MYE.N) is 12.28, compared to its 5-year average forward P/E of 14.62. For a more detailed relative valuation and DCF analysis to assess Myers Industries Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

14.62

Current PE

12.28

Overvalued PE

18.61

Undervalued PE

10.62

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

8.04

Current EV/EBITDA

7.20

Overvalued EV/EBITDA

9.68

Undervalued EV/EBITDA

6.41

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.81

Current PS

0.71

Overvalued PS

0.99

Undervalued PS

0.63

Financials

Annual

Quarterly

FY2025Q2

YoY :

-4.84%

209.58M

Total Revenue

FY2025Q2

YoY :

-1.17%

24.47M

Operating Profit

FY2025Q2

YoY :

-5.58%

9.71M

Net Income after Tax

FY2025Q2

YoY :

-7.14%

0.26

EPS - Diluted

FY2025Q2

YoY :

+148.78%

24.70M

Free Cash Flow

FY2025Q2

YoY :

-7.56%

31.78

Gross Profit Margin - %

FY2025Q2

YoY :

+3.90%

6.92

FCF Margin - %

FY2025Q2

YoY :

-0.86%

4.63

Net Margin - %

FY2025Q2

YoY :

-59.61%

3.93

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

42.3K

USD

Months

6-9

203.5K

USD

Months

0-12

122.4K

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

42.3K

USD

Months

6-9

203.5K

USD

Months

0-12

122.4K

USD

Months

MYE News & Events

Events Timeline

2025-04-03 (ET)

2025-04-03

12:43:03

Myers reports resignation of CFO Grant Fitz, names Daniel Hoehn to interim role

2025-03-06 (ET)

2025-03-06

12:01:14

Myers Industries rises 23.3%

2025-03-06

10:00:06

Myers Industries rises 28.3%

News

9.5

07-31NASDAQ.COM

Myers Industries Q2 Profit, Sales Decline; Launches Strategic Review Of Tire Supply Business

9.5

07-31Newsfilter

Myers Industries Announces Second Quarter 2025 Results and Launches Strategic Review of Myers Tire Supply

5.0

07-16Newsfilter

Elkhart Plastics Introduces Schwig's Garden Box for Connect-A-Dock Line

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FAQ

What is Myers Industries Inc (MYE) stock price today?

The current price of MYE is 15.84 USD — it has increased 0.13 % in the last trading day.

MYE

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

MYE News & Events

Events Timeline

News

People Also Watch

FAQ

What is Myers Industries Inc (MYE) stock price today?

What is Myers Industries Inc (MYE)'s business?

What is the price predicton of MYE Stock?

What is Myers Industries Inc (MYE)'s revenue for the last quarter?

What is Myers Industries Inc (MYE)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Myers Industries Inc (MYE)'s fundamentals?

How many employees does Myers Industries Inc (MYE). have?

What is Myers Industries Inc (MYE) market cap?