Myers Industries (MYE) AI Stock Analysis

• Market Cap: $648.28M
• Dividend Yield: 3.1%
• Average Volume (3M): 237.97K
• Price to Earnings (P/E): 23.3
• Beta (1Y): 0.93
• Revenue Growth: 1.11%
• EPS Growth: -74.94%
• 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: 1.40
• Enterprise Value/Revenue: 1.10
• Enterprise Value/Gross Profit: 3.31
• Enterprise Value/Ebitda: 9.85
• 1Y Price Target: $21.00
• Price Target Upside: 21.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: $18.50 ▲(6.75% 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. is a leading manufacturer of plastic and rubber products, serving various sectors including automotive, industrial, and consumer markets. The company operates through two primary segments: Material Handling and Specialty Tools, which encompass a diverse range of products such as storage containers, pallets, and tool storage solutions. With a focus on innovation and quality, Myers Industries aims to provide effective solutions that meet the needs of its customers across multiple industries.

How the Company Makes Money

Myers Industries generates revenue primarily through the sale of its manufactured products in the Material Handling and Specialty Tools segments. Key revenue streams include the production and distribution of plastic pallets, bins, and storage solutions, as well as specialized tools and equipment for various applications. The company benefits from established relationships with distributors and retailers, enabling a wide reach in the market. Additionally, Myers Industries invests in product development and innovation, which helps attract new customers and retain existing ones. Factors contributing to its earnings include operational efficiencies, economies of scale in production, and a focus on customer service.

Myers Industries Financial Statement Overview

Summary

Myers Industries shows a mixed financial performance. The income statement reflects challenges in revenue growth and profitability, with a net profit margin decrease to 1.2% and negative revenue growth. The balance sheet indicates increased financial risk due to a high debt-to-equity ratio of 1.43. However, the cash flow statement is strong, with a 34.89% growth in free cash flow and efficient cash management.

Income Statement

The income statement shows a mixed performance. The company has a stable gross profit margin of around 32-33% over the years, indicating consistent cost management. However, the net profit margin has decreased to 1.2% in the TTM, reflecting challenges in converting revenue into profit. Revenue growth has been negative recently, with a decline of 1.27% in the TTM, which is a concern. EBIT and EBITDA margins have also slightly decreased, indicating pressure on operational efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.43 in the TTM, suggesting significant leverage and potential financial risk. Return on equity has decreased to 3.56%, indicating lower profitability for shareholders. The equity ratio stands at 33%, reflecting a moderate level of equity financing. Overall, the balance sheet shows increased financial risk due to high leverage.

Cash Flow

Cash flow analysis indicates positive trends, with a strong free cash flow growth rate of 34.89% in the TTM. The operating cash flow to net income ratio is 0.53, showing a healthy conversion of income into cash. The free cash flow to net income ratio is 0.69, suggesting good cash generation relative to profits. Overall, the cash flow position is strong, with positive growth and efficient cash management.

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	274.20M	270.81M	259.09M	283.37M	211.42M	171.96M
EBITDA	92.01M	83.07M	95.19M	105.16M	69.72M	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: 17.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 17.33 is above the 20-day moving average (MA) of 16.70, above the 50-day MA of 16.55, and above the 200-day MA of 13.66, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 60.38 is Neutral, neither overbought nor oversold. The STOCH value of 54.66 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
KRT	―	$482.63M	15.12	20.44%	7.29%	7.99%	13.05%
MYE	―	$648.28M	23.27	9.92%	3.10%	1.11%	-74.94%
TRS	―	$1.44B	33.03	6.26%	0.41%	11.83%	67.28%
GEF	―	$2.75B	20.89	7.46%	3.83%	-2.55%	-40.81%
SON	―	$4.00B	4,182.47	6.39%	5.18%	8.31%	-99.39%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
PACK	―	$447.19M	-12.08	-6.68%	―	10.38%	-123.75%

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.