Myers Industries (MYE)
NYSE:MYE
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MYE Stock Chart & Stats
$21.65
-$0.14(-1.28%)
At close: 4:00 PM EST
$21.65
-$0.14(-1.28%)
Day’s Range― - ―
52-Week Range$12.96 - $27.97
Previous CloseN/A
Volume31.20K
Average Volume (3M)286.88K
Market Cap
$1.03B
Enterprise Value$1.33B
Total Cash (Recent Filing)$44.59M
Total Debt (Recent Filing)$360.14M
Price to Earnings (P/E)24.4
Beta0.91
Next Earnings
Jul 30, 2026EPS Estimate
0.32Next Dividend Ex-DateN/A
Dividend Yield2.8%
Share Statistics
EPS (TTM)1.12
Shares Outstanding37,557,323
10 Day Avg. Volume335,107
30 Day Avg. Volume286,875
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)2.38
Price to Sales (P/S)0.85
P/FCF Ratio10.41
Enterprise Value/Market Cap1.29
Enterprise Value/Revenue1.69
Enterprise Value/Gross Profit5.11
Enterprise Value/Ebitda10.94
Forecast
1Y Price Target
$26.00Price Target Upside20.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.22
Revenue Forecast (FY)$824.70M
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationSustained, growing free cash flow (~$89M TTM, +32.6%) underpins durable financial flexibility: funds ongoing capex (low single-digit of sales), supports debt reduction, dividends and strategic investments, and reduces reliance on external funding during industry cycles.
Improving Profitability & MarginsMeaningful margin recovery and higher adjusted EBITDA (21.3% margin, +420bps) reflect better mix, cost actions and higher recycled-material usage. Higher and steadier gross/EBITDA margins increase resilience to top-line variability and support long-term cash generation.
Execution On Strategic TransformationManagement is executing a focused transformation—portfolio simplification, footprint optimization, targeted CapEx and reporting clarity—which has already reduced net debt and brought leverage into target range. This strengthens balance sheet and enhances ability to allocate capital strategically.
Bears Say
Elevated LeverageLeverage levels (debt-to-equity ~1.25; net leverage ~2.2x) constrain long-term flexibility. Higher debt raises interest and refinancing risk during slower demand, limits capacity for opportunistic M&A or big reinvestments, and makes margins and cash flow more sensitive to shocks.
Top-line Weakness & Input-Price VolatilityRevenue has trended downward (TTM ~-5.1%) and reported sales growth is modest; structural end-market softness limits operating leverage. Volatile resin costs (HDPE) are a recurring input risk for plastic products and can compress margins when price pass-through lags, reducing earnings durability.
Divestiture Execution Uncertainty (MTS)Reclassifying MTS as discontinued and pursuing a sale is strategically logical, but timing and execution risk could delay proceeds and prolong transitional costs. Prolonged uncertainty hampers clarity on pro forma margins, cash inflows and the pace of portfolio simplification.
Myers Industries News
MYE FAQ
What was Myers Industries’s price range in the past 12 months?
Myers Industries lowest stock price was $12.96 and its highest was $27.96 in the past 12 months.
What is Myers Industries’s market cap?
Myers Industries’s market cap is $1.03B.
When is Myers Industries’s upcoming earnings report date?
Myers Industries’s upcoming earnings report date is Jul 30, 2026 which is in 39 days.
How were Myers Industries’s earnings last quarter?
Myers Industries released its earnings results on May 07, 2026. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.16.
Is Myers Industries overvalued?
According to Wall Street analysts Myers Industries’s price is currently Undervalued.
Does Myers Industries pay dividends?
Myers Industries pays a Quarterly dividend of $0.135 which represents an annual dividend yield of 2.8%. See more information on Myers Industries dividends here
What is Myers Industries’s EPS estimate?
Myers Industries’s EPS estimate is 0.32.
How many shares outstanding does Myers Industries have?
Myers Industries has 37,557,323 shares outstanding.
What happened to Myers Industries’s price movement after its last earnings report?
Myers Industries reported an EPS of $0.44 in its last earnings report, beating expectations of $0.28. Following the earnings report the stock price went up 8.111%.
Which hedge fund is a major shareholder of Myers Industries?
Currently, no hedge funds are holding shares in MYE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Myers Industries Stock Smart Score
Outperform
1
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (20.09% Upside)
$26.00 (20.09% Upside)
Blogger Sentiment
Bullish
MYE Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 499.2K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
68.23%
12-Months-Change
Fundamentals
Return on Equity
14.53%
Trailing 12-Months
Asset Growth
-5.33%
Trailing 12-Months
Company Description
Myers Industries
Myers Industries, Inc., an Akron, Ohio-based company established in 1933, operates through two principal business divisions: Material Handling and Distribution. The Material Handling segment specializes in manufacturing a diverse range of plastic products. These include various storage and organization solutions such as pallets, small parts bins, bulk shipping containers, and custom plastic components, utilizing injection, rotational, and blow molding techniques. They also produce consumer fuel containers and tanks for managing water, fuel, and waste. This segment caters to a broad spectrum of industries, including industrial manufacturing, food processing, retail distribution, agriculture, automotive, recreational and marine sectors, healthcare, and consumer goods markets, among others. These products are offered directly or via distributors, under well-known brands such as Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics. Conversely, the Distribution segment focuses on supplying essential tools, equipment, and ancillary products required for tire, wheel, and under-vehicle maintenance across passenger, heavy truck, and off-road vehicles. Additionally, it produces tire repair materials, bespoke rubber products, and reflective highway marking solutions. Its clientele spans retail and commercial tire dealerships, automotive repair centers, fleet operators, tire re-treaders, truck stops, and governmental bodies.
MYE Company Deck
MYE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights material operational and financial progress — including a 57.1% increase in adjusted EPS, a 27% rise in adjusted EBITDA, strong free cash flow, reduced net debt and improving margins — supported by a clear transformation plan (portfolio simplification, footprint optimization, recycled material investments and targeted CapEx). Headwinds include modest reported revenue growth (1.8%), near-term margin pressure from recent resin price spikes, some soft end markets (vehicle and food & beverage), and timing uncertainty around the MTS divestiture. Overall, positive execution and cash generation outweigh the short-term cost and revenue headwinds, with management reiterating the outlook and steps to mitigate cost pressures.View all MYE earnings summariesMYE Stock 12 Month Forecast
Average Price Target
$26.00
▲(20.09% Upside)
Technical Analysis
Ownership Overview
0.95% Insiders
31.03% Mutual Funds
36.35% Other Institutional Investors
15.89% Public Companies and
Individual Investors