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Myers Industries, Inc. (MYE)

22.01 -0.01 (-0.05%)
At close: April 24 at 4:00 PM EDT
22.01 0.00 (0.00%)
After hours: April 24 at 6:02 PM EDT
Loading Chart for MYE
DELL
  • Previous Close 22.02
  • Open 21.90
  • Bid 21.98 x 900
  • Ask 21.99 x 1000
  • Day's Range 21.86 - 22.13
  • 52 Week Range 15.65 - 23.63
  • Volume 117,626
  • Avg. Volume 266,154
  • Market Cap (intraday) 813.03M
  • Beta (5Y Monthly) 1.33
  • PE Ratio (TTM) 16.67
  • EPS (TTM) 1.32
  • Earnings Date May 7, 2024
  • Forward Dividend & Yield 0.54 (2.45%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 30.00

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.

www.myersindustries.com

2,500

Full Time Employees

December 31

Fiscal Year Ends

Recent News: MYE

Performance Overview: MYE

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MYE
13.30%
S&P 500
6.33%

1-Year Return

MYE
12.35%
S&P 500
22.70%

3-Year Return

MYE
9.59%
S&P 500
21.33%

5-Year Return

MYE
40.37%
S&P 500
72.88%

Compare To: MYE

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Statistics: MYE

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    813.40M

  • Enterprise Value

    878.60M

  • Trailing P/E

    16.68

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.00

  • Price/Book (mrq)

    2.78

  • Enterprise Value/Revenue

    1.08

  • Enterprise Value/EBITDA

    9.23

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.01%

  • Return on Assets (ttm)

    7.17%

  • Return on Equity (ttm)

    17.79%

  • Revenue (ttm)

    813.07M

  • Net Income Avi to Common (ttm)

    48.87M

  • Diluted EPS (ttm)

    1.32

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    30.29M

  • Total Debt/Equity (mrq)

    32.61%

  • Levered Free Cash Flow (ttm)

    51.07M

Research Analysis: MYE

Analyst Price Targets

30.00
30.00 Average
22.01 Current
30.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MYE

Fair Value

22.01 Current
 

Dividend Score

0 Low
MYE
Sector Avg.
100 High
 

Hiring Score

0 Low
MYE
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MYE
Sector Avg.
100 High
 

Research Reports: MYE

  • MYE: What does Argus have to say about MYE?

    MYERS INDUSTRIES INC has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • MYE: What does Argus have to say about MYE?

    MYERS INDUSTRIES INC has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • MYE: Lowering target price to $23.00

    MYERS INDUSTRIES INC has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • MYE: What does Argus have to say about MYE?

    MYERS INDUSTRIES INC has an Investment Rating of HOLD; a target price of $24.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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