Myers Industries is a packaging & containers business based in the US. Myers Industries shares (MYE) are listed on the NYSE and all prices are listed in US Dollars. Myers Industries employs 2,500 staff and has a trailing 12-month revenue of around $804.4 million.
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| Latest market close | $14.60 |
|---|---|
| 52-week range | $12.47 - $23.41 |
| 50-day moving average | $14.73 |
| 200-day moving average | $18.25 |
| Wall St. target price | $30.00 |
| PE ratio | 13.6981 |
| Dividend yield | $0.54 (3.72%) |
| Earnings per share (TTM) | $1.06 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $14.6 from 2024-07-22
| 1 week (2024-07-16) | -0.88% |
|---|---|
| 1 month (2024-06-21) | 3.99% |
| 3 months (2024-04-23) | -33.70% |
| 6 months (2024-01-23) | -22.79% |
| 1 year (2023-07-21) | -26.08% |
|---|---|
| 2 years (2022-07-22) | -35.85% |
| 3 years (2021-07-23) | 21.15 |
| 5 years (2019-07-23) | 16.4023 |
Valuing Myers Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Myers Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Myers Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Myers Industries shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Myers Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 14.87. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Myers Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Myers Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $85.4 million.
The EBITDA is a measure of a Myers Industries's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $804.4 million |
|---|---|
| Operating margin TTM | 8.13% |
| Gross profit TTM | $284.1 million |
| Return on assets TTM | 4.97% |
| Return on equity TTM | 14.15% |
| Profit margin | 4.9% |
| Book value | $7.86 |
| Market Capitalization | $539.9 million |
TTM: trailing 12 months
Dividend payout ratio: 43.9% of net profits
Recently Myers Industries has paid out, on average, around 43.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.72% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Myers Industries shareholders could enjoy a 3.72% return on their shares, in the form of dividend payments. In Myers Industries's case, that would currently equate to about $0.54 per share.
While Myers Industries's payout ratio might seem fairly standard, it's worth remembering that Myers Industries may be investing much of the rest of its net profits in future growth.
Myers Industries's most recent dividend payout was on 4 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 17 June 2024 (the "ex-dividend date").
Myers Industries's shares were split on a 11:10 basis on 10 August 2004. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your Myers Industries shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Myers Industries shares which in turn could have impacted Myers Industries's share price.
Over the last 12 months, Myers Industries's shares have ranged in value from as little as $12.47 up to $23.4139. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Myers Industries's is 1.222. This would suggest that Myers Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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.
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