Myers Industries (MYE) AI Stock Analysis

• Market Cap: $657.26M
• Dividend Yield: 3.1%
• Average Volume (3M): 237.97K
• Price to Earnings (P/E): 23.6
• Beta (1Y): 0.93
• Revenue Growth: 0.26%
• EPS Growth: 78.05%
• Country: US
• Employees: 2,700
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): 0.26
• Shares Outstanding: 37,407,913
• 10 Day Avg. Volume: 250,701
• 30 Day Avg. Volume: 237,972
• PEG Ratio: -0.66
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 0.49
• P/FCF Ratio: 7.47
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 1.10
• Enterprise Value/Gross Profit: 3.25
• Enterprise Value/Ebitda: 8.27
• 1Y Price Target: $21.00
• Price Target Upside: 21.39% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $18.50 ▲(6.94% Upside)

Myers Industries has a solid financial foundation with strong cash flow and revenue growth, but faces challenges with high leverage and moderate profitability. Technical indicators suggest a neutral to positive trend, while valuation metrics indicate potential overvaluation. The earnings call provided a mixed outlook with positive transformation progress but highlighted ongoing challenges in certain market segments.

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 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.

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 transportation solutions to industries such as food and beverage, pharmaceuticals, and general manufacturing. The Rubber & Plastics segment adds to revenue through custom molded products that cater to the automotive and industrial markets. Key revenue streams include direct sales to customers, distribution agreements, and long-term contracts with major clients. Additionally, the company benefits from strategic partnerships that enhance distribution and product development, enabling it to expand its market reach and drive sales growth.

Myers Industries Financial Statement Overview

Summary

Myers Industries demonstrates strong cash flow generation and stable revenue growth, with a solid free cash flow growth of 19.9%. However, the company faces challenges with high leverage, as indicated by a debt-to-equity ratio of 1.38, and moderate profitability margins.

Income Statement

Myers Industries shows a stable revenue growth with a TTM growth rate of 4.5%. Gross profit margin is healthy at 33.2%, indicating efficient production. However, the net profit margin is relatively low at 3.4%, suggesting room for improvement in cost management. EBIT and EBITDA margins are moderate, reflecting operational efficiency but also highlighting potential cost pressures.

Balance Sheet

The company's debt-to-equity ratio is high at 1.38, indicating significant leverage which could pose risks in volatile markets. Return on equity is moderate at 9.9%, showing decent profitability relative to equity. The equity ratio stands at 33.2%, suggesting a balanced asset structure but with potential vulnerability due to high debt levels.

Cash Flow

Free cash flow growth is strong at 19.9%, demonstrating effective cash generation. The operating cash flow to net income ratio is 0.53, indicating good cash conversion. Free cash flow to net income ratio is robust at 0.75, reflecting strong cash flow relative to earnings, which is a positive indicator of financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	825.64M	836.28M	813.07M	899.55M	761.43M	510.37M
Gross Profit	278.66M	270.81M	259.09M	284.07M	212.32M	171.96M
EBITDA	109.65M	83.07M	95.19M	106.79M	69.24M	74.08M
Net Income	27.89M	7.20M	48.87M	60.27M	33.54M	36.77M
Balance Sheet
Total Assets	864.07M	860.82M	541.63M	542.63M	484.55M	400.01M
Cash, Cash Equivalents and Short-Term Investments	47.97M	32.22M	30.29M	23.14M	17.66M	28.30M
Total Debt	395.78M	413.87M	95.49M	132.36M	130.04M	95.69M
Total Liabilities	577.45M	583.30M	248.83M	286.21M	275.22M	210.91M
Stockholders Equity	286.62M	277.51M	292.80M	256.43M	209.32M	189.10M
Cash Flow
Free Cash Flow	68.48M	54.86M	63.32M	48.33M	27.05M	33.09M
Operating Cash Flow	91.55M	79.29M	86.17M	72.62M	44.91M	46.51M
Investing Cash Flow	-22.28M	-372.50M	-22.76M	-50.38M	-50.29M	-75.55M
Financing Cash Flow	-50.91M	295.10M	-56.52M	-16.32M	-5.19M	-18.32M

Myers Industries Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 17.3 is below the 20-day moving average (MA) of 17.42, above the 50-day MA of 16.89, and above the 200-day MA of 14.09, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 51.92 is Neutral, neither overbought nor oversold. The STOCH value of 22.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MYE.

Myers Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MYE	70 Outperform	$657.26M	23.60	9.92%	3.10%	0.26%	78.05%
GEF	65 Neutral	$3.10B	70.75	2.08%	3.46%	-17.63%	-80.32%
SON	63 Neutral	$4.05B	4,231.96	6.39%	5.14%	8.31%	-99.39%
TRS	63 Neutral	$1.31B	29.86	6.26%	0.50%	11.83%	67.28%
KRT	63 Neutral	$446.41M	14.81	19.43%	8.52%	8.93%	6.82%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
PACK	50 Neutral	$445.50M	-12.04	-6.68%	―	9.54%	-81.46%

Myers Industries Corporate Events

Myers Industries Reports Strong Q3 2025 Results

Myers Industries Inc., headquartered in Akron, Ohio, is a prominent manufacturer of sustainable plastic and metal products, serving various end markets such as Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket. The company is known for its strong brands and innovative solutions that deliver exceptional value to its customers.

Myers Industries Reports Strong Q3 Profit Growth

On October 30, 2025, Myers Industries announced its third-quarter results, highlighting a year-over-year increase in gross profit and significant improvement in free cash flow. The company reported a gross profit of $68.57 million, up 5.3% from the previous year, and a free cash flow of $21.5 million, more than doubling from $10.1 million in 2024. Despite challenges in the vehicle and automotive aftermarket sectors, the company achieved growth in its infrastructure and industrial markets, driven by a favorable product mix. Myers Industries also initiated a sale process for its Myers Tire Supply business, partnering with KeyBanc as a financial advisor, as part of a strategic review.

The most recent analyst rating on (MYE) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Myers Industries stock, see the MYE Stock Forecast page.

Myers Industries Appoints Helmuth Ludwig to Board

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.

Myers Industries Appoints New CFO Samantha Rutty

On September 5, 2025, Myers Industries announced the appointment of Samantha Rutty as Executive Vice President and Chief Financial Officer, effective September 22, 2025. Rutty brings over two decades of finance leadership experience from global services and manufacturing companies, including her recent role at The Brink’s Company. Her appointment is expected to strengthen Myers Industries’ financial leadership as the company continues to focus on delivering results for its customers and shareholders.

The most recent analyst rating on (MYE) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Myers Industries stock, see the MYE Stock Forecast page.

Myers Industries Reports Mixed Earnings with Strategic Focus

The recent earnings call of Myers Industries painted a mixed picture, highlighting both challenges and strategic advancements. While the company faces hurdles such as a decline in net sales and adjusted gross margin, it is actively pursuing transformation strategies to better align with market demands and streamline operations.

Myers Industries Reports Q2 2025 Results and Strategic Moves

Myers Industries Inc., based in Akron, Ohio, is a leading manufacturer of sustainable plastic and metal products serving various end markets including Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket. The company is known for its strong brands and innovative products, providing critical solutions to its customers.

Myers Industries Reports Q2 Results and Strategic Review

On July 31, 2025, Myers Industries announced its second-quarter results for the period ending June 30, 2025, revealing a decline in sales due to weak demand in the vehicle and automotive aftermarket sectors, despite growth in industrial sales driven by Scepter military products. The company reported significant improvements in free cash flow and is on track to achieve $20 million in cost savings by the end of 2025. Additionally, Myers Industries is launching a strategic review of its Myers Tire Supply business to streamline its portfolio and focus on core operations, which may lead to divestiture. These actions are part of a broader transformation program aimed at enhancing financial performance and shareholder value.

The most recent analyst rating on (MYE) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Myers Industries stock, see the MYE Stock Forecast page.