MYE 📈 Myers Industries - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6284641098
MYE: Pallets, Containers, Fuel Tanks, Rubber Products, Tools, Equipment
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio. Web URL: https://www.myersindustries.com
Additional Sources for MYE Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MYE Stock Overview
Market Cap in USD | 413m |
Sector | Consumer Cyclical |
Industry | Packaging & Containers |
GiC Sub-Industry | Metal, Glass & Plastic Containers |
IPO / Inception | 1987-09-08 |
MYE Stock Ratings
Growth 5y | -31.6% |
Fundamental | 7.29% |
Dividend | 50.8% |
Rel. Strength Industry | -844 |
Analysts | 3/5 |
Fair Price Momentum | 9.88 USD |
Fair Price DCF | 32.27 USD |
MYE Dividends
Dividend Yield 12m | 4.93% |
Yield on Cost 5y | 3.74% |
Annual Growth 5y | 0.00% |
Payout Consistency | 97.1% |
MYE Growth Ratios
Growth Correlation 3m | -66.1% |
Growth Correlation 12m | -90% |
Growth Correlation 5y | 11% |
CAGR 5y | -5.37% |
CAGR/Mean DD 5y | -0.27 |
Sharpe Ratio 12m | -1.10 |
Alpha | -64.31 |
Beta | 1.10 |
Volatility | 32.01% |
Current Volume | 234.1k |
Average Volume 20d | 325.5k |
What is the price of MYE stocks?
As of January 14, 2025, the stock is trading at USD 10.95 with a total of 234,093 shares traded.
Over the past week, the price has changed by -1.79%, over one month by -10.98%, over three months by -14.75% and over the past year by -38.02%.
As of January 14, 2025, the stock is trading at USD 10.95 with a total of 234,093 shares traded.
Over the past week, the price has changed by -1.79%, over one month by -10.98%, over three months by -14.75% and over the past year by -38.02%.
Is Myers Industries a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Myers Industries is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 7.29 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MYE as of January 2025 is 9.88. This means that MYE is currently overvalued and has a potential downside of -9.77%.
Neither. Based on ValueRay Fundamental Analyses, Myers Industries is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 7.29 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MYE as of January 2025 is 9.88. This means that MYE is currently overvalued and has a potential downside of -9.77%.
Is MYE a buy, sell or hold?
Myers Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold MYE.
Myers Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold MYE.
- Strong Buy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecast for MYE stock price target?
According to ValueRays Forecast Model, MYE Myers Industries will be worth about 10.7 in January 2026. The stock is currently trading at 10.95. This means that the stock has a potential downside of -2.37%.
According to ValueRays Forecast Model, MYE Myers Industries will be worth about 10.7 in January 2026. The stock is currently trading at 10.95. This means that the stock has a potential downside of -2.37%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 22 | 100.9% |
Analysts Target Price | 24.5 | 123.7% |
ValueRay Target Price | 10.7 | -2.4% |