MYE

Myers Industries, Inc. [MYE] Stock Forecast

Q: What is Myers Industries, Inc. stock symbol ?

Myers Industries, Inc. is a US stock, located in Akron of Oh and trading under the symbol MYE

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MYE Stock Summary

Earnings have grown 350.72% per last year.

MYE's dividend payments are well covered by cash flows with cash payout ratio of 32.76%.

Earnings are expected to fall -3.01% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

MYE has less than 1 year of cash runway

Debt-to-Equity ratio of 1.12 is considered moderate, deeper research suggested.

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In the News

03:45 22 Mar 2023 MYE

Why Myers Industries Stock Dropped on Wednesday

Management just detailed its Q4 results and issued a new outlook.

09:02 22 Mar 2023 MYE

Myers (MYE) Tops Q4 Earnings Estimates

Myers (MYE) delivered earnings and revenue surprises of 3.23% and 3.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

09:31 22 Mar 2023 MYE

Myers Industries: Strong Trends And Upside Potential

Despite macro headwinds, the company continues to show revenue growth and profitability expansion thanks to the ability to raise prices. Potential M&A deals in the coming quarters could support revenues and costs.

11:16 22 Mar 2023 MYE

Is Myers Industries (MYE) Stock Outpacing Its Industrial Products Peers This Year?

Here is how Myers (MYE) and Titan International (TWI) have performed compared to their sector so far this year.

08:16 22 Mar 2023 MYE

New Strong Buy Stocks for December 27th

PARR, ACR, ALGM, BHP and MYE have been added to the Zacks Rank #1 (Strong Buy) List on December 27, 2022.

10:32 22 Mar 2023 MYE

Myers (MYE) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Myers (MYE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

10:32 22 Mar 2023 MYE

Here's Why Momentum in Myers (MYE) Should Keep going

Myers (MYE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

10:32 22 Mar 2023 MYE

Fast-paced Momentum Stock Myers (MYE) Is Still Trading at a Bargain

Myers (MYE) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

09:02 22 Mar 2023 MYE

Time to Invest in These 4 Value Stocks With High Earnings Yield

Myers (MYE), Cheniere Energy (LNG), GasLog (GLOP) and Sociedad Quimica (SQM) are a few high earnings yield value picks that can fetch handsome rewards.

08:05 22 Mar 2023 MYE

Myers Industries, Inc. (MYE) Q3 2022 Earnings Call Transcript

Myers Industries, Inc. (NYSE:MYE ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Monica Vinay - Interim Chief Financial Officer and Vice President, Investor Relations and Treasurer Mike McGaugh - President and Chief Executive Officer Conference Call Participants Lance Vitanza - Cowen Steve Barger - KeyBanc Operator Good morning and a warm welcome to the Myers Industries Third Quarter 2022 Earnings Conference Call. My name is Candice and I will be your moderator for today's call.

MYE Financial details

Company Rating

Strong Buy

Market Cap

721.39M

Income

60.27M

Revenue

899.55M

Book val./share

7.03

Cash/share

0.63

Dividend

0.54

Dividend %

2.62%

Employees

2.73K

Optionable

Shortable

Yes

Earnings

03 May 2023

P/E

12.49

Forward P/E

PEG

0.17

P/S

0.84

P/B

2.93

P/C

32.73

P/FCF

15.6

Quick Ratio

1.14

Current Ratio

1.87

Debt / Equity

1.12

LT Debt / Equity

0.49

EPS (TTM)

1.65

EPS next Y

EPS next Q

0.22

EPS this Y

726.88%

EPS next Y

EPS next 5Y

-37.88%

EPS last 5Y

NAN%

Revenue last 5Y

9.68%

Revenue Q/Q

-6.68%

EPS Q/Q

SMA20

-15.79%

SMA50

-10.45%

SMA100

14.76%

Inst Own

89.89%

Inst Trans

0.18%

ROA

11%

ROE

25%

ROC

0.21%

Gross Margin

32%

Oper. Margin

Profit Margin

Payout

33%

Shs Outstand

36.56M

Shs Float

36.13M

Target Price

52W Range

16.08-26.49

52W High

-20.69%

52W Low

+28.88%

RSI

41.94

Rel Volume

1.72

Avg Volume

164.85K

Volume

284.26K

Perf Week

0.49%

Perf Month

-15.91%

Perf Quarter

25.05%

Perf Half Y

15.52%

Beta

1.43143

Volatility

0.31%, 1.96%

Prev Close

1.83%

Price

20.62

Change

3.36%

MYE Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-09-30

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-09-30
Revenue per share	16.95	14.53	14.26	5.58	25.14
Net income per share	-0.1	0.69	1.03	0.2	1.68
Operating cash flow per share	1.83	1.53	1.3	1.26	2.03
Free cash flow per share	1.68	1.24	0.92	0.76	1.35
Cash per share	1.76	2.13	0.79	0.49	0.57
Book value per share	4.63	4.7	5.28	5.85	6.85
Tangible book value per share	1.95	1.95	1.92	-3.88	6.85
Share holders equity per share	4.63	4.7	5.28	5.85	6.85
Interest debt per share	2.48	2.31	2.29	3.67	4
Market cap	505.08M	592.01M	743.63M	716.07M	589.39M
Enterprise value	533.38M	610.51M	792.9M	828.46M	706.31M
P/E ratio	-150.82	24.33	20.22	98.7	9.78
Price to sales ratio	0.89	1.15	1.46	3.59	0.66
POCF ratio	8.25	10.9	15.99	15.94	8.12
PFCF ratio	9	13.45	22.48	26.48	12.2
P/B Ratio	3.27	3.55	3.93	3.42	2.41
PTB ratio	3.27	3.55	3.93	3.42	2.41
EV to sales	0.94	1.18	1.55	4.15	0.79
Enterprise value over EBITDA	16.68	9.88	10.67	26.19	6.72
EV to operating cash flow	8.71	11.24	17.05	18.45	9.73
EV to free cash flow	9.5	13.87	23.96	30.63	14.61
Earnings yield	-0.01	0.04	0.05	0.01	0.1
Free cash flow yield	0.11	0.07	0.04	0.04	0.08
Debt to equity	1.25	1.12	1.12	2.31	1.24
Debt to assets	0.56	0.53	0.53	1	0.55
Net debt to EBITDA	0.89	0.3	0.66	3.55	1.11
Current ratio	1.88	2.24	1.29	1.66	1.75
Interest coverage	1.03	7.62	11.91	42.57	14.65
Income quality	-18.29	2.23	1.26	6.19	1.2
Dividend Yield	0.04	0.03	0.03	0.03	0.03
Payout ratio	-5.33	0.79	0.53	2.7	0.33
Sales general and administrative to revenue	0.14	0.15	0.15	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.26	0.28	0.3	0.29	0
Capex to operating cash flow	-0.08	-0.19	-0.29	-0.4	-0.33
Capex to revenue	-0.01	-0.02	-0.03	-0.09	-0.03
Capex to depreciation	-0.2	-0.44	-0.64	-0.86	-1.14
Stock based compensation to revenue	0.01	0	0.01	0.02	0.01
Graham number	3.23	8.51	11.05	5.17	16.11
ROIC	-0.04	0.18	0.14	0.1	0.16
Return on tangible assets	-0.01	0.1	0.13	0.02	0.11
Graham Net	-1.64	-1.18	-2.41	-9.63	-3.73
Working capital	85.43M	102.42M	41.48M	87.41M	114.59M
Tangible asset value	65.29M	69.15M	68.81M	-138.96M	244.98M
Net current asset value	-11.15M	-1.42M	-27.19M	-264.64M	-36.84M
Invested capital	0.5	0.46	0.41	0.62	0.56
Average receivables	83.72M	70.13M	73.59M	92.72M	114.77M
Average payables	62.22M	53.86M	54.01M	71.42M	89.41M
Average inventory	45.31M	43.93M	55.09M	79.74M	100.85M
Days sales outstanding	50.13	44.18	60.61	184.15	52.28
Days payables outstanding	57.32	49.67	65.95	201.79	57.54
Days of inventory on hand	41.07	46.91	71.1	231.09	64.07
Receivables turnover	7.28	8.26	6.02	1.98	6.98
Payables turnover	6.37	7.35	5.53	1.81	6.34
Inventory turnover	8.89	7.78	5.13	1.58	5.7
ROE	-0.02	0.15	0.19	0.03	0.25
Capex per share	-0.15	-0.29	-0.38	-0.5	-0.68

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
Revenue per share	5.51	6.22	6.41	6.25	5.83
Net income per share	0.2	0.48	0.43	0.37	0.37
Operating cash flow per share	0.87	0.2	0.74	0.45	0.6
Free cash flow per share	0.77	0.06	0.58	0.27	0.42
Cash per share	0.49	0.48	0.62	0.56	0.63
Book value per share	5.78	6.18	6.52	6.72	7.03
Tangible book value per share	-3.83	2.38	2.37	2.64	3
Share holders equity per share	5.78	6.18	6.52	6.72	7.03
Interest debt per share	3.62	3.62	3.95	3.81	3.67
Market cap	725.21M	783.65M	827.32M	600.7M	811.29M
Enterprise value	837.6M	896.12M	947.54M	717.62M	920.51M
P/E ratio	24.99	11.3	13.06	10.98	15.1
Price to sales ratio	3.63	3.48	3.55	2.63	3.81
POCF ratio	23.12	107.47	30.63	36.49	37.11
PFCF ratio	26.12	351.1	39.16	61.37	53.43
P/B Ratio	3.46	3.5	3.49	2.45	3.16
PTB ratio	3.46	3.5	3.49	2.45	3.16
EV to sales	4.2	3.97	4.06	3.15	4.32
Enterprise value over EBITDA	52.34	30.15	33.87	28.5	41.33
EV to operating cash flow	26.7	122.89	35.09	43.6	42.11
EV to free cash flow	30.17	401.49	44.86	73.32	60.62
Earnings yield	0.01	0.02	0.02	0.02	0.02
Free cash flow yield	0.04	0	0.03	0.02	0.02
Debt to equity	2.31	1.31	1.34	1.24	1.12
Debt to assets	1	0.57	0.57	0.55	0.53
Net debt to EBITDA	7.02	3.78	4.3	4.64	4.9
Current ratio	1.66	1.71	1.72	1.75	1.87
Interest coverage	9.28	21.28	18.68	11.57	10.29
Income quality	4.32	0.42	1.71	1.2	1.63
Dividend Yield	0.01	0.01	0.01	0.01	0.01
Payout ratio	0.67	0.28	0.32	0.36	0.37
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.29	0.27	0.27	0.27	0.27
Capex to operating cash flow	-0.11	-0.69	-0.22	-0.41	-0.31
Capex to revenue	-0.02	-0.02	-0.03	-0.03	-0.03
Capex to depreciation	-0.69	-0.95	-1.1	-1.26	-1.27
Stock based compensation to revenue	0	0.01	0.01	0.01	0.01
Graham number	5.1	8.15	7.99	7.53	7.63
ROIC	0.02	0.05	0.04	0.04	0.04
Return on tangible assets	0.02	0.05	0.04	0.03	0.03
Graham Net	-9.51	-3.48	-3.87	-3.66	-3.18
Working capital	87.41M	105.79M	114.59M	114.59M	119.45M
Tangible asset value	-138.96M	86.43M	86.08M	96.29M	109.52M
Net current asset value	-264.64M	-38.3M	-42.12M	-36.84M	-29M
Invested capital	0.62	0.58	0.6	0.56	0.52
Average receivables	108.42M	116.69M	132.35M	130.42M	131.28M
Average payables	80.12M	91.48M	102.8M	100.72M	85.33M
Average inventory	91.96M	96.6M	104.28M	108.53M	100.75M
Days sales outstanding	45.41	52.96	50.95	50.84	56.54
Days payables outstanding	49.76	59.36	59.25	55.89	44.79
Days of inventory on hand	56.98	58.41	61.86	62.23	56.86
Receivables turnover	1.98	1.7	1.77	1.77	1.59
Payables turnover	1.81	1.52	1.52	1.61	2.01
Inventory turnover	1.58	1.54	1.45	1.45	1.58
ROE	0.03	0.08	0.07	0.06	0.05
Capex per share	-0.1	-0.14	-0.16	-0.18	-0.18

MYE Dividend History

MYE Frequently Asked Questions

What is Myers Industries, Inc. stock symbol ?

Myers Industries, Inc. is a US stock , located in Akron of Oh and trading under the symbol MYE

What is Myers Industries, Inc. stock quote today ?

Myers Industries, Inc. stock price is $20.62 today.

Is Myers Industries, Inc. stock public?

Yes, Myers Industries, Inc. is a publicly traded company.

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Company Profile

Volume Average 164.85K
Market Capitalization 721.39M
Employee 2.73K
CEO Mr. Michael P. McGaugh
Headquarters Akron,OH,US
IPO Date 1971-09-17
Website https://www.myersindustries.com

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; 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, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle 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. 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. The company was founded in 1933 and is headquartered in Akron, Ohio.