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Myers Industries, Inc. (MYE)

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11.96 -0.10 (-0.83%)
As of 2:24 PM EDT. Market Open.
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DELL
  • Previous Close 12.06
  • Open 12.11
  • Bid 11.96 x 800
  • Ask 11.98 x 900
  • Day's Range 11.94 - 12.19
  • 52 Week Range 11.94 - 23.63
  • Volume 66,642
  • Avg. Volume 202,471
  • Market Cap (intraday) 445.178M
  • Beta (5Y Monthly) 1.23
  • PE Ratio (TTM) 11.39
  • EPS (TTM) 1.05
  • Earnings Date Nov 4, 2024
  • Forward Dividend & Yield 0.54 (4.48%)
  • Ex-Dividend Date Dec 3, 2024
  • 1y Target Est 22.00

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

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Performance Overview: MYE

Trailing total returns as of 10/31/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MYE
37.24%
S&P 500
19.90%

1-Year Return

MYE
26.70%
S&P 500
37.25%

3-Year Return

MYE
36.57%
S&P 500
24.18%

5-Year Return

MYE
19.06%
S&P 500
87.71%

Compare To: MYE

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Statistics: MYE

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Valuation Measures

Annual
As of 10/30/2024
  • Market Cap

    448.90M

  • Enterprise Value

    851.75M

  • Trailing P/E

    11.49

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.55

  • Price/Book (mrq)

    1.52

  • Enterprise Value/Revenue

    1.04

  • Enterprise Value/EBITDA

    8.35

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    4.79%

  • Return on Assets (ttm)

    5.87%

  • Return on Equity (ttm)

    13.73%

  • Revenue (ttm)

    816.21M

  • Net Income Avi to Common (ttm)

    39.07M

  • Diluted EPS (ttm)

    1.05

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    38.15M

  • Total Debt/Equity (mrq)

    150.69%

  • Levered Free Cash Flow (ttm)

    22.34M

Research Analysis: MYE

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 220.24M
Earnings 10.28M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

22.00
22.00 Average
11.96 Current
22.00 High
 

Company Insights: MYE

Research Reports: MYE

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  • What does Argus have to say about MYE?

    MYERS INDUSTRIES INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

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

    MYERS INDUSTRIES INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

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

    MYERS INDUSTRIES INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $10.00

    MYERS INDUSTRIES INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     

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