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Myers Industries ( (MYE) ) has provided an announcement.
On September 22, 2025, Myers Industries announced the appointment of Helmuth Ludwig to its Board of Directors, effective October 1, 2025. Ludwig, who brings 35 years of international business leadership experience and 14 years of board service, is expected to contribute significantly to the company’s transformation and growth. His extensive background includes executive roles at Siemens and board positions at Hitachi Ltd and Humanetics Group. This strategic appointment is anticipated to enhance Myers Industries’ industry positioning and operational strategies.
The most recent analyst rating on (MYE) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Myers Industries stock, see the MYE Stock Forecast page.
Spark’s Take on MYE Stock
According to Spark, TipRanks’ AI Analyst, MYE is a Neutral.
The overall stock score of 67.5 reflects a mixed financial performance with strong cash flow but challenges in revenue growth and high leverage. Technical indicators are positive, suggesting a bullish trend. The valuation appears high, but the dividend yield offers some appeal. The earnings call highlights strategic initiatives and cost savings, providing a positive outlook despite current challenges. The recent appointment of a new CFO is a positive corporate event, expected to enhance financial leadership.
To see Spark’s full report on MYE stock, click here.
More about Myers Industries
Myers Industries Inc., headquartered in Akron, Ohio, is a leading manufacturer of sustainable plastic and metal products catering to Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket markets. Known for its strong brands and innovative products, the company has established itself as a diversified industrial leader through continuous product development and strategic acquisitions.
Average Trading Volume: 229,551
Technical Sentiment Signal: Buy
Current Market Cap: $619.1M
Find detailed analytics on MYE stock on TipRanks’ Stock Analysis page.