Myers Industries (MYE)
NYSE:MYE
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Myers Industries
(NYSE:MYE)
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Rating:64Neutral
Price Target:
$24.50
▲(14.97% Upside)
Action:ReiteratedDate:03/06/26
The score is supported by improving profitability/cash generation and constructive technical momentum. It is held back by a more leveraged balance sheet and limited top-line growth, with valuation appearing roughly mid-range and the earnings call positive but still carrying near-term uncertainty around the planned divestiture and end-market softness.
Positive Factors
Margin Expansion
Sustained margin improvement driven by favorable mix and $20M of annualized cost savings suggests structural efficiency gains. Higher operating margin increases cash available for reinvestment, debt paydown, or returns, and improves resilience to modest top-line softness over the medium term.
Negative Factors
Elevated Leverage
Higher leverage materially reduces financial flexibility and magnifies downside risk if revenue or cash conversion weaken. While management is reducing net debt, the elevated debt profile constrains the pace of buybacks/M&A and increases sensitivity to interest costs and macro shocks over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin Expansion
Sustained margin improvement driven by favorable mix and $20M of annualized cost savings suggests structural efficiency gains. Higher operating margin increases cash available for reinvestment, debt paydown, or returns, and improves resilience to modest top-line softness over the medium term.
Read all positive factors
Myers Industries (MYE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$797.06M
Dividend Yield2.8%
Average Volume (3M)286.88K
Price to Earnings (P/E)20.0
Beta (1Y)0.86
Revenue Growth0.26%
EPS Growth78.05%
CountryUS
Employees2,700
SectorConsumer Cyclical
Sector Strength84
IndustryPackaging & Containers
Share Statistics
EPS (TTM)0.31
Shares Outstanding37,403,230
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 Cap1.42
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit4.34
Enterprise Value/Ebitda9.06
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.47
Revenue Forecast (FY)$832.50M
Myers Industries Business Overview & Revenue Model
Company Description
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 par...
How the Company Makes Money
Myers Industries generates revenue through the sale of its polymer-based products across its two primary segments. The Material Handling segment contributes significantly to the company's earnings by providing a variety of storage and transportati...
Myers Industries Earnings Call Summary
Earnings Call Date:Mar 05, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 30, 2026
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.Positive Updates
Q4 Revenue Stability and Underlying Growth
Fourth quarter net sales of $204.0 million were essentially flat year-over-year; excluding the impact of exiting low-margin products and idling two rotational molding facilities, sales would have grown ~3% year-over-year.
Negative Updates
Modest Revenue Decline for the Full Year
Full year net sales were $825.7 million, down 1.3% year-over-year (down 0.6% excluding the idled rotational molding facilities), reflecting soft demand in distribution and select end markets.
Read all updates
Q4-2025 Updates
Positive
Negative
Q4 Revenue Stability and Underlying Growth
Fourth quarter net sales of $204.0 million were essentially flat year-over-year; excluding the impact of exiting low-margin products and idling two rotational molding facilities, sales would have grown ~3% year-over-year.
Read all positive updates
Company Guidance
Management did not give a single company-level revenue or EPS target for 2026 but provided a market-by-market guide and clear capital/financial priorities: they expect moderate industrial growth, strong infrastructure (matting backlog is the largest in the business’ history), overall vehicle demand stable (RV/marine flat, commercial vehicles recovering in H2, OEM program-driven packaging demand), consumer stable (planning for an average of 3 landed storms in the U.S.), and food & beverage slightly down; they will not provide automotive aftermarket guidance due to the planned Myers Tire Supply divestiture (to be treated as discontinued operations in Q1) and they excluded the impact of exiting low‑margin products and idling two rotational molding facilities (~$5 million revenue/quarter) from their outlook. Key financial/portfolio metrics and targets include continuing to invest with 2026 CapEx expected near ~3% of sales (2025 CapEx was $19.6M, ~2.4% of sales), maintaining a target net leverage range of 1.5x–2.5x (ended 2025 at 2.4x after reducing net debt by $44.2M and ending cash of $45.1M with total liquidity of $289.8M) and moving leverage toward the midpoint, pursuing opportunistic M&A only disciplinarily, and driving margin and cash conversion after achieving $20M of annualized cost savings in 2025, full‑year FCF of $67.2M (up 23%), Q4 FCF $18.9M, Q4 net sales $204M, Q4 adjusted gross margin 33.6% (+140 bps), Q4 adjusted operating margin 11% (+230 bps), full‑year net sales $825.7M, full‑year adjusted gross margin 33.7% (+30 bps) and full‑year adjusted operating margin 10.3% (+30 bps), while returning $23M to shareholders in 2025.Myers Industries Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
45
Neutral
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 825.74M | 836.28M | 813.07M | 899.55M | 761.43M |
| Gross Profit | 260.75M | 270.81M | 259.09M | 284.07M | 212.32M |
| EBITDA | 124.80M | 83.07M | 95.19M | 106.79M | 69.24M |
| Net Income | 34.93M | 7.20M | 48.87M | 60.27M | 33.54M |
Balance Sheet | |||||
| Total Assets | 851.32M | 860.82M | 541.63M | 542.63M | 484.55M |
| Cash, Cash Equivalents and Short-Term Investments | 45.05M | 32.22M | 30.29M | 23.14M | 17.66M |
| Total Debt | 378.67M | 413.87M | 95.49M | 132.36M | 130.04M |
| Total Liabilities | 557.10M | 583.30M | 248.83M | 286.21M | 275.22M |
| Stockholders Equity | 294.23M | 277.51M | 292.80M | 256.43M | 209.32M |
Cash Flow | |||||
| Free Cash Flow | 67.21M | 54.86M | 63.32M | 48.33M | 27.05M |
| Operating Cash Flow | 86.76M | 79.29M | 86.17M | 72.62M | 44.91M |
| Investing Cash Flow | -18.93M | -372.50M | -22.76M | -50.38M | -50.29M |
| Financing Cash Flow | -54.48M | 295.10M | -56.52M | -16.32M | -5.19M |
Myers Industries Technical Analysis
Positive
21.31
Price Trends
21.19
Positive
19.71
Positive
17.63
Positive
Market Momentum
-0.16
Positive
51.48
Neutral
83.84
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MYE, the sentiment is Positive. The current price of 21.31 is above the 20-day moving average (MA) of 21.26, above the 50-day MA of 21.19, and above the 200-day MA of 17.63, indicating a bullish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 51.48 is Neutral, neither overbought nor oversold. The STOCH value of 83.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MYE.
Myers Industries Risk Analysis
Myers Industries disclosed 29 risk factors in its most recent earnings report. Myers Industries reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Myers Industries Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $566.77M | 16.60 | 20.54% | 7.94% | 8.93% | 6.82% | |
67 Neutral | $5.27B | 10.96 | 32.44% | 4.33% | 8.31% | -99.39% | |
65 Neutral | $3.46B | 5.59 | 2.08% | 3.19% | -17.63% | -80.32% | |
64 Neutral | $797.06M | 20.03 | 12.22% | 2.80% | 0.26% | 78.05% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | $1.40B | 11.92 | 0.07% | 0.45% | 11.83% | 67.28% | |
46 Neutral | $313.47M | -12.01 | -7.11% | ― | 9.54% | -81.46% |
* Consumer Cyclical Sector Average
MYE
Myers Industries
21.31
9.73
84.02%
GEF
Greif Class A
66.74
12.99
24.16%
SON
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53.42
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18.67%
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37.17
13.35
56.05%
PACK
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3.70
-1.83
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KRT
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28.39
2.40
9.23%
Myers Industries Corporate Events
Business Operations and StrategyFinancial Disclosures
Myers Industries Posts Strong 2025 Earnings and Margin Expansion
Positive
Mar 5, 2026
On March 5, 2026, Myers Industries reported fourth-quarter and full-year 2025 results showing that while quarterly net sales were essentially flat at about $204 million, earnings improved sharply, with diluted EPS up 173% and adjusted EPS up 63% y...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.