Myers Industries, Inc. (MYE): Price and Financial Metrics
Myers Industries, Inc. (MYE)
Today's Latest Price: $13.57 USD
Updated Feb 28 12:00am
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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
- Myers Industries Inc's stock had its IPO on September 8, 1987, making it an older stock than 91.1% of US equities in our set.
- Of note is the ratio of Myers Industries Inc's sales and general administrative expense to its total operating expenses; 84.64% of US stocks have a lower such ratio.
- Over the past twelve months, MYE has reported earnings growth of -280.02%, putting it ahead of merely 5.4% of US stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Myers Industries Inc are BGFV, APWC, NWHM, DSS, and ISIG.
- Visit MYE's SEC page to see the company's official filings. To visit the company's web site, go to www.myersindustries.com.
MYE Stock Price Chart More Charts
MYE Price/Volume Stats
| Current price | $13.57 | 52-week high | $19.55 |
| Prev. close | $13.62 | 52-week low | $13.28 |
| Day low | $13.28 | Volume | 217,700 |
| Day high | $13.59 | Avg. volume | 137,223 |
| 50-day MA | $16.40 | Dividend yield | 3.98% |
| 200-day MA | $16.94 | Market Cap | 482.01M |
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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $13.57 | $69.79 | 388% |
Below please find a table outlining a discounted cash flow forecast for MYE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Myers Industries Inc ranked in the 81th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 390.33%. In terms of the factors that were most noteworthy in this DCF analysis for MYE, they are:
- The company's compound free cash flow growth rate over the past 5.53 years comes in at 0.35%; that's greater than 76.29% of US stocks we're applying DCF forecasting to.
- Myers Industries Inc's effective tax rate, as measured by taxes paid relative to net income, is at 22 -- greater than 86.21% of US stocks with positive free cash flow.
- Relative to other stocks in its sector (Consumer Cyclical), Myers Industries Inc has a reliance on debt greater than just 17.83% of them.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 378% |
| 1% | 383% |
| 2% | 388% |
| 3% | 393% |
| 4% | 398% |
| 5% | 402% |
Want more companies with a valuation profile/forecast similar to that of Myers Industries Inc? See LBTYA, CETV, GIL, UONE, and QUOT.
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