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Myers Industries Inc

MYE
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32.130USD
-0.700-2.13%
Close 10-23 16:00(ET)
1.21BMarket Cap
45.69P/E TTM
After-hours 19:00 (ET)32.130USD-0.030-0.09%

Myers Industries Inc (MYE) Stock Analysis

Myers Industries Inc's Score

Score
7.27/10
The current financial score of Myers Industries Inc is 8.17. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 179.20M, representing a year-over-year increase of 9.78%, while its net profit experienced a year-over-year increase of 106.41%.
The current valuation score of Myers Industries Inc is 8.48. Its current P/E ratio is 45.68, which is 48.14% below the recent high of 67.67 and 74.09% above the recent low of 11.83.
The current earnings forecast score of Myers Industries Inc is 8.00. The average price target is 37.00, with a high of 37.00 and a low of 37.00.
The current price momentum score of Myers Industries Inc is 3.10. Currently, the stock price is trading between the resistance level at 33.47 and the support level at 30.27, making it suitable for range-bound swing trading.
The current institutional shareholding score of Myers Industries Inc is 10.00. The latest institutional shareholding proportion is 104.26%, representing a quarter-over-quarter increase of 9.94%.
The current risk assessment score of Myers Industries Inc is 7.35. The company's beta value is 1.09. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.

Myers Industries Inc (MYE) Techinical, Sentiment, SWOT Analysis

Analyst Rating

Based on 1 analysts
Current RatingBuy
Target Price37.000
Upside Space+18.21%

Support & Resistance

Relevant data have not been disclosed by the company yet.

Industry at a Glance

Industry Ranking
5 / 20
Overall Ranking
70 / 4141
Industry
Containers & Packaging

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Myers Industries Inc Highlights

StrengthsRisks
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 279.77%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 279.77%.
Overvalued
The company’s latest PB is 4.17, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 39.16M shares, decreasing 0.17% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.19.

FAQs

How does TradingKey generate the Stock Score of Myers Industries Inc?

The TradingKey Stock Score provides a comprehensive assessment of Myers Industries Inc based on 34 indicators derived from over 100 underlying data points.
These indicators are categorised into six key dimensions: financial health, company profile, earnings forecasts, price momentum, institutional confidence, and risk assessment, collectively providing investors with a thorough analysis of Myers Industries Inc’s performance and outlook.

How do we generate the financial health score of Myers Industries Inc?

To generate the financial health score of Myers Industries Inc, we analyse various key financial indicators across several core dimensions, including financial fundamentals, earnings quality, operational efficiency, growth potential, and shareholder returns.
By integrating these comprehensive data, the financial health score not only reflects Myers Industries Inc's overall stability, operational efficiency, and growth potential but also captures the investment returns delivered to shareholders. This score aims to support rational decision-making for investors and other stakeholders. A higher score indicates a better financial health of Myers Industries Inc.

How do we generate the company valuation score of Myers Industries Inc?

To generate the company valuation score of Myers Industries Inc, we use several key financial ratios, including P/E, P/B, P/S, and P/CF. These metrics compare Myers Industries Inc’s market value to its earnings, assets, sales, and cash flow, serving as core indicators for assessing company value.
By analysing these ratios in an all-round manner, the valuation score reflects not only the market’s current perception of Myers Industries Inc’s value but also its future profitability and growth potential, thereby supporting more informed investment decisions. A higher score indicates a fairer valuation of Myers Industries Inc.

How do we generate the earnings forecast score of Myers Industries Inc?

To calculate the earnings forecast score of Myers Industries Inc, we consider various key indicators such as analyst ratings, financial forecasts, support and resistance levels, and peer comparisons:
Current ratings and price targets directly reflect analysts’ expectations, while the upside space indicates their views on the stock’s growth potential.
Financial metrics like earnings per share (EPS), revenue, net income, and earnings before interest and taxes (EBIT) are core measures for assessing profitability.
By analysing the high, median, and low ranges of the target price, we can identify price trends and determine key support and resistance levels.
Comparing these indicators against peers provides context for the stock’s performance and helps anchor more realistic expectations.
These factors together form a comprehensive earnings forecast score that accurately reflects the stock’s expected financial performance and growth potential. A higher score suggests that analysts have a more optimistic outlook on Myers Industries Inc’s future.

How do we generate the price momentum score of Myers Industries Inc?

When generating the price momentum score for Myers Industries Inc, we examine momentum indicators including support and resistance levels as well as volume metrics.
Support levels represent price points where buying interest is strong enough to prevent further declines, while resistance levels indicate prices where selling pressure may hinder upward movement. By analysing typical price volume alongside total volume, we assess overall market activity and liquidity. These indicators help identify price trends and potential shifts, enabling more accurate predictions of future earnings.
This comprehensive approach can reflect market sentiment and enable rational forecasts of Myers Industries Inc’s prices. A higher score indicates a more stable short-term price trend for Myers Industries Inc.

How do we generate the institutional confidence score of Myers Industries Inc?

To generate the institutional confidence score of Myers Industries Inc, we analyse both the proportion of shares held by institutions and the number of shares they own. A higher institutional ownership percentage indicates strong confidence of professional investors, which is generally a positive signal about Myers Industries Inc’s potential. By examining the number of shares held, we gain deeper insight into institutions’ commitment and attitude toward the stock, as institutional investors typically conduct thorough analysis before making investment decisions. Understanding institutional confidence helps us refine earnings forecasts and provides a more reliable perspective on the company’s future performance and market stability. A higher score indicates greater institutional endorsement of Myers Industries Inc.

How do we generate the risk management score of Myers Industries Inc?

To assess the risk management score of Myers Industries Inc, we examine multiple key indicators related to returns, risk, volatility, and liquidity.
The highest and lowest daily returns reflect the potential size of gains and losses, while the Sharpe ratio measures risk-adjusted return performance. On the risk side, we analyse maximum drawdown and the return-to-drawdown ratio to identify extreme loss scenarios. Skewness helps assess the distribution of returns and whether performance may be biased. Volatility indicators—such as realised volatility and standardised true range—reveal price fluctuations. Downside risk-adjusted returns provide insight into potential losses and gains. Lastly, liquidity metrics like average turnover rate and turnover deviation indicate how actively the stock is traded.
These indicators together provide a multi-dimensional understanding of Myers Industries Inc’s risk-return profile, serving as core factors of the risk management score. A higher score indicates lower risk on the side of Myers Industries Inc.
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