Myers Industries Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 3 out of 23 in the Containers & Packaging industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 21.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Media Coverage
The current financial score of Myers Industries Inc is 7.81, ranking 9 out of 23 in the Containers & Packaging industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 205.44M, representing a year-over-year increase of 0.18%, while its net profit experienced a year-over-year increase of 165.16%.
The current valuation score of Myers Industries Inc is 7.29, ranking 15 out of 23 in the Containers & Packaging industry. Its current P/E ratio is 27.66, which is 144.63% below the recent high of 67.67 and 57.22% above the recent low of 11.83.

The current earnings forecast score of Myers Industries Inc is 8.00, ranking 6 out of 23 in the Containers & Packaging industry. The average price target is 21.00, with a high of 21.00 and a low of 21.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Myers Industries Inc is 9.31, ranking 2 out of 23 in the Containers & Packaging industry. Currently, the stock price is trading between the resistance level at 21.60 and the support level at 18.95, making it suitable for range-bound swing trading.

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Myers Industries Inc is 10.00, ranking 1 out of 23 in the Containers & Packaging industry. The latest institutional shareholding proportion is 90.65%, representing a quarter-over-quarter decrease of 0.04%. The largest institutional shareholder is The Vanguard, holding a total of 2.85M shares, representing 7.62% of shares outstanding, with 7.67% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Containers & Packaging domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Myers Industries Inc is 7.72, ranking 9 out of 23 in the Containers & Packaging industry. The company's beta value is 1.10. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.