Myers Industries (MYE)
NYSE:MYE
Want to see MYE full AI Analyst Report?
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$11.86 - $24.25
Previous CloseN/A
Volume31.20K
Average Volume (3M)286.88K
Market Cap
$819.88M
Enterprise Value$1.12B
Total Cash (Recent Filing)$44.59M
Total Debt (Recent Filing)$360.14M
Price to Earnings (P/E)14.3
Beta0.90
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 Cap1.36
Enterprise Value/Revenue1.43
Enterprise Value/Gross Profit4.31
Enterprise Value/Ebitda9.22
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
Strong Free Cash FlowSustained, growing free cash flow provides durable financial flexibility to repay debt, fund ~3% of sales capex, support dividends/buybacks, and execute opportunistic M&A. Robust cash conversion reduces reliance on external financing through cyclical demand swings.
Structural Margin ImprovementA $20M annualized cost program plus mix shifts lifted gross and operating margins materially. These structural SG&A and operating efficiencies should persist, improving earnings resilience versus revenue variability and enabling reinvestment without sacrificing returns.
Backlog And Portfolio FocusRecord matting backlog in infrastructure signals durable end-market demand, while portfolio simplification (reclassifying/selling lower-margin MTS) sharpens management focus on higher-margin, core material-handling and distribution businesses, improving strategic clarity.
Bears Say
Elevated LeverageLeverage materially stepped up versus prior years, leaving less financial flexibility. Higher debt ratios increase interest and refinancing risk during cyclical slowdowns and constrain the pace of buybacks, capex increases or M&A without further deleveraging.
Softening Revenue TrendA persistent top-line decline limits operating leverage benefits from margin gains and constrains long-term growth. If demand remains uneven across consumer, vehicle and distribution channels, revenue weakness could erode the durability of recently improved margins.
Divestiture And Revenue Removal UncertaintySelling MTS and removing low‑margin product lines reduces scale and introduces near-term reporting and planning uncertainty. The divestiture complicates how cost savings and margins will carry into the RemainCo and temporarily reduces revenue visibility and comparability.
Myers Industries News
MYE FAQ
What was Myers Industries’s price range in the past 12 months?
Myers Industries lowest stock price was $11.86 and its highest was $24.25 in the past 12 months.
What is Myers Industries’s market cap?
Myers Industries’s market cap is $819.88M.
When is Myers Industries’s upcoming earnings report date?
Myers Industries’s upcoming earnings report date is Jul 30, 2026 which is in 71 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 8.108%.
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
Neutral
1
2
3
4
5
6
7
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 ―
Sector Average ―
Hedge Fund Trend
Increased
By 869.1K 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. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; 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, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle 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. 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. The company was founded in 1933 and is headquartered in Akron, Ohio.
MYE Company Deck
MYE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed constructive progress in profitability, cash generation and strategic repositioning: material margin expansion, $20 million of annualized cost savings, a 23% increase in free cash flow, net debt reduction and active capital allocation (share returns and disciplined reinvestment). Revenue trends were modestly negative for the full year and several end markets (consumer, vehicle, distribution) remain soft, and the planned divestiture of MTS introduces near-term uncertainty and revenue removal (~$5 million/quarter). On balance the operational improvements, cash flow strength and margin gains outweigh the top-line softness and near-term uncertainty, supporting an overall positive outlook.View all MYE earnings summariesMYE Stock 12 Month Forecast
Average Price Target
$26.00
▲(20.09% Upside)
Technical Analysis
Ownership Overview
0.95% Insiders
27.17% Mutual Funds
36.20% Other Institutional Investors
20.19% Public Companies and
Individual Investors