Myers Industries, Inc. (MYE): Price and Financial Metrics


Myers Industries, Inc. (MYE)

Today's Latest Price: $14.55 USD

0.34 (2.39%)

Updated Jul 2 11:43am

Add MYE to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 38 in Industrial - Manufacturing

See all "A" rated Strong Buy stocks

MYE Stock Summary

  • MYE's went public 32.84 years ago, making it older than 91.59% of listed US stocks we're tracking.
  • Of note is the ratio of Myers Industries Inc's sales and general administrative expense to its total operating expenses; 87.41% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Myers Industries Inc is reporting a growth rate of 1,204.07%; that's higher than 98.79% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Myers Industries Inc are NTZ, GCO, CECE, VNCE, and KELYA.
  • MYE's SEC filings can be seen here. And to visit Myers Industries Inc's official web site, go to www.myersindustries.com.
MYE Daily Price Range
MYE 52-Week Price Range

MYE Stock Price Chart Technical Analysis Charts


MYE Price/Volume Stats

Current price $14.55 52-week high $19.17
Prev. close $14.21 52-week low $6.91
Day low $14.34 Volume 19,357
Day high $14.65 Avg. volume 180,070
50-day MA $13.13 Dividend yield 3.8%
200-day MA $14.70 Market Cap 520.42M

Myers Industries, Inc. (MYE) Company Bio


Myers Industries manufactures polymer products for industrial, agricultural, automotive, commercial, and consumer markets and also distributes tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the U.S. The company was founded in 1933 and is based in Akron, Ohio.

MYE Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$14.55$19.3842%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Myers Industries Inc. To summarize, we found that Myers Industries Inc ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for MYE, they are:

  • MYE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 33.07% of tickers in our DCF set.
  • Myers Industries Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 12.27. This coverage rate is greater than that of 79.74% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • Relative to other stocks in its sector (Consumer Cyclical), Myers Industries Inc has a reliance on debt greater than only 14.12% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%40%
1%41%
2%42%
3%44%
4%45%
5%46%

Want more companies with a valuation profile/forecast similar to that of Myers Industries Inc? See ULTA, AN, BBGI, JACK, and FRGI.


MYE Latest News Stream


Event/TimeNews Detail
Loading, please wait...

MYE Latest Social Stream


Loading social stream, please wait...

View Full MYE Social Stream

Latest MYE News From Around the Web

Below are the latest news stories about Myers Industries Inc that investors may wish to consider to help them evaluate MYE as an investment opportunity.

Is Myers Industries, Inc. (MYE) A Good Stock To Buy?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

Yahoo | July 1, 2020

Myers declares $0.135 dividend

Myers (MYE) declares $0.135/share quarterly dividend, in line with previous.Forward yield 3.98%Payable July 2; for shareholders of record June 12; ex-div June 11.See MYE Dividend Scorecard, Yield Chart, & Dividend Growth....

Seeking Alpha | June 2, 2020

Myers Industries Reports 2020 First Quarter Results

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Reports 2020 First Quarter Results. Company updates annual revenue outlook and withdraws annual EPS guidance.

Business Wire | May 6, 2020

Myers Industries Inc. (MYE) Q1 2020 Earnings Call Transcript

Ladies and gentlemen, thank you for standing by, and welcome to the Myers Industries 2020 First Quarter Earnings Conference Call. Joining me today are Mike McGaugh, President and Chief Executive Officer; and Kevin Brackman, Executive Vice President and Chief Financial Officer.

Yahoo | May 6, 2020

Myers (MYE) Surpasses Q1 Earnings Estimates

Myers (MYE) delivered earnings and revenue surprises of 15.79% and -10.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | May 6, 2020

Read More 'MYE' Stories Here

MYE Price Returns

1-mo 5.36%
3-mo 61.93%
6-mo -9.72%
1-year -21.13%
3-year -15.70%
5-year -9.92%
YTD -10.86%
2019 13.86%
2018 -20.38%
2017 40.61%
2016 11.56%
2015 -21.73%

MYE Dividends

Ex-Dividend DateTypePayout AmountChange
Loading, please wait...
View Full MYE Dividend History

Continue Researching MYE

Here are a few links from around the web to help you further your research on Myers Industries Inc's stock as an investment opportunity:

Myers Industries Inc (MYE) Stock Price | Nasdaq
Myers Industries Inc (MYE) Stock Quote, History and News - Yahoo Finance
Myers Industries Inc (MYE) Stock Price and Basic Information | MarketWatch


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.9212 seconds.