NYSE:MYE - Myers Industries Stock Price, Price Target & More

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$18.15 +0.05 (+0.28 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$18.10
Today's Range$17.97 - $18.30
52-Week Range$15.40 - $24.60
Volume69,800 shs
Average Volume149,699 shs
Market Capitalization$620.85 million
P/E Ratio35.39
Dividend Yield3.01%
Beta1.75
Myers Industries logoMyers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets worldwide. The company's Material Handling segment provides plastic reusable material handling containers, pallets, small parts bins, bulk shipping containers, storage and organization products, and rotationally-molded plastic tanks for water, fuel, and waste handling applications; welded steel service carts, platform trucks, mobile work centers, racks, and cabinets; plastic trim and interior parts used in the production of seat components, consoles, and other applications in the recreational vehicle, marine, and industrial markets; and plastic fuel containers, portable marine fuel tanks and water containers, ammunition containers, and storage totes under the Buckhorn, Akro-Mils, Jamco Products, Ameri-Kart, and Scepter brands. This segment serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other industries directly and through distributors. Its Distribution segment offers tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment, hand tools, tire repair and retread supplies, highway markings, industrial rubber, tire pressure monitoring systems, general shop supplies; and brake, transmission, and service equipment and supplies. It offers products under the Myers Tire Supply, Myers Tire Supply International, and Patch Rubber Company, Elrick, Fleetline, MTS, Phoenix, and Seymoure brands. This segment serves retail tire, truck tire, and auto dealers; commercial auto and truck fleets; general service and repair centers; tire retreaders and repair; governmental agencies; telecommunications; industrial; road construction; and mining markets. The company was founded in 1933 and is headquartered in Akron, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Plastics products, not elsewhere classified
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:MYE
CUSIP62846410
Phone330-253-5592

Debt

Debt-to-Equity Ratio1.51
Current Ratio1.56
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio35.39
Forward P/E Ratio21.35
P/E GrowthN/A

Sales & Book Value

Annual Sales$547.04 million
Price / Sales1.15
Cash Flow$1.5381 per share
Price / Cash11.80
Book Value$3.08 per share
Price / Book5.89

Profitability

EPS (Most Recent Fiscal Year)$0.51
Net Income$-9,880,000.00
Net Margins-1.06%
Return on Equity19.40%
Return on Assets5.11%

Miscellaneous

Employees1,900
Outstanding Shares34,590,000
Market Cap$620.85

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Myers Industries (NYSE:MYE) Frequently Asked Questions

What is Myers Industries' stock symbol?

Myers Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MYE."

How often does Myers Industries pay dividends? What is the dividend yield for Myers Industries?

Myers Industries announced a quarterly dividend on Monday, June 4th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.135 per share on Tuesday, July 3rd. This represents a $0.54 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, June 14th. View Myers Industries' Dividend History.

How were Myers Industries' earnings last quarter?

Myers Industries, Inc. (NYSE:MYE) issued its quarterly earnings results on Monday, May, 7th. The industrial products company reported $0.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.05. The industrial products company had revenue of $152.60 million for the quarter, compared to the consensus estimate of $146.25 million. Myers Industries had a negative net margin of 1.06% and a positive return on equity of 19.40%. The company's revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS. View Myers Industries' Earnings History.

What price target have analysts set for MYE?

4 equities research analysts have issued twelve-month price objectives for Myers Industries' shares. Their forecasts range from $15.00 to $24.00. On average, they expect Myers Industries' stock price to reach $20.50 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Ratings for Myers Industries.

What is the consensus analysts' recommendation for Myers Industries?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Myers Industries in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Myers Industries' key competitors?

Who are Myers Industries' key executives?

Myers Industries' management team includes the folowing people:
  • Mr. R. David Banyard, Pres, CEO & Director (Age 49)
  • Mr. Matteo Anversa, Exec. VP, CFO & Corp. Sec. (Age 47)
  • Mr. Kevin L. Brackman, VP & Chief Accounting Officer (Age 45)
  • Ms. Monica Vinay, VP of Investor Relations & Treasurer
  • Mr. Kevin Gehrt, VP of HR

Has Myers Industries been receiving favorable news coverage?

Media coverage about MYE stock has been trending very positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Myers Industries earned a news sentiment score of 0.55 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 46.23 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

How do I buy shares of Myers Industries?

Shares of MYE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Myers Industries' stock price today?

One share of MYE stock can currently be purchased for approximately $18.15.

How big of a company is Myers Industries?

Myers Industries has a market capitalization of $620.85 million and generates $547.04 million in revenue each year. The industrial products company earns $-9,880,000.00 in net income (profit) each year or $0.51 on an earnings per share basis. Myers Industries employs 1,900 workers across the globe.

How can I contact Myers Industries?

Myers Industries' mailing address is 1293 SOUTH MAIN STREET, AKRON OH, 44301. The industrial products company can be reached via phone at 330-253-5592 or via email at [email protected]


MarketBeat Community Rating for Myers Industries (NYSE MYE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  294
MarketBeat's community ratings are surveys of what our community members think about Myers Industries and other stocks. Vote "Outperform" if you believe MYE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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