MYE logo MYE
Upturn stock rating
MYE logo

Myers Industries Inc (MYE)

Upturn stock rating
$18.09
Last Close (24-hour delay)
Profit since last BUY46.24%
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Consider higher Upturn Star rating
BUY since 121 days
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Upturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

11/03/2025: MYE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $21

1 Year Target Price $21

Analysts Price Target For last 52 week
$21 Target price
52w Low $8.9
Current$18.09
52w High $18.29

Analysis of Past Performance

Type Stock
Historic Profit -4.7%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 11/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 676.71M USD
Price to earnings Ratio 24.45
1Y Target Price 21
Price to earnings Ratio 24.45
1Y Target Price 21
Volume (30-day avg) 1
Beta 1.17
52 Weeks Range 8.90 - 18.29
Updated Date 11/3/2025
52 Weeks Range 8.90 - 18.29
Updated Date 11/3/2025
Dividends yield (FY) 3.12%
Basic EPS (TTM) 0.74

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-10-30
When -
Estimate 0.28
Actual 0.26

Profitability

Profit Margin 3.38%
Operating Margin (TTM) 9.99%

Management Effectiveness

Return on Assets (TTM) 5.25%
Return on Equity (TTM) 9.92%

Valuation

Trailing PE 24.45
Forward PE -
Enterprise Value 989265440
Price to Sales(TTM) 0.82
Enterprise Value 989265440
Price to Sales(TTM) 0.82
Enterprise Value to Revenue 1.2
Enterprise Value to EBITDA 11.44
Shares Outstanding 37407915
Shares Floating 36700531
Shares Outstanding 37407915
Shares Floating 36700531
Percent Insiders 1.85
Percent Institutions 88.65

ai summary icon Upturn AI SWOT

Myers Industries Inc

stock logo

Company Overview

overview logo History and Background

Myers Industries, Inc. was founded in 1933 by Louis Myers as a tire repair business. Over time, it diversified into manufacturing and distribution of polymer-based material handling products, storage, and organization solutions. The company has grown through organic growth and acquisitions.

business area logo Core Business Areas

  • Material Handling: Manufactures and distributes a wide range of plastic containers, pallets, and other material handling solutions.
  • Distribution: Sells and distributes products through a network of distributors and retailers.

leadership logo Leadership and Structure

Michael McGaugh is the Chief Executive Officer. The company operates with a divisional structure focusing on operational efficiency and customer service.

Top Products and Market Share

overview logo Key Offerings

  • Refuse & Recycling Containers: A variety of wheeled carts and bins for waste management. Competitors include Toter and SSI Schaefer.
  • Storage & Organization Products: Plastic storage bins, totes, and shelving systems for various applications. Competitors include Sterilite and Rubbermaid.

Market Dynamics

industry overview logo Industry Overview

The plastic containers, pallets, and storage industry is influenced by economic growth, manufacturing activity, and environmental regulations. Demand fluctuates with overall business cycles and specific sector demands.

Positioning

Myers Industries positions itself as a provider of durable and reliable plastic solutions. It focuses on a wide range of end-markets and seeks to offer customized solutions where possible.

Total Addressable Market (TAM)

The TAM for plastic containers and material handling solutions is estimated to be in the billions of USD. Myers Industries aims to expand its market share through innovation and strategic acquisitions.

Upturn SWOT Analysis

Strengths

  • Diversified product portfolio
  • Established distribution network
  • Strong customer relationships
  • Experienced management team

Weaknesses

  • Exposure to raw material price fluctuations
  • Dependence on economic cycles
  • Limited global presence compared to some competitors

Opportunities

  • Expanding into new geographic markets
  • Developing innovative and sustainable products
  • Acquiring complementary businesses
  • Increasing demand for recycling solutions

Threats

  • Increased competition from low-cost manufacturers
  • Changes in environmental regulations
  • Economic downturns
  • Raw material supply disruptions

Competitors and Market Share

competitor logo Key Competitors

  • PLXS
  • TRU
  • NNBR

Competitive Landscape

Myers Industries competes in a fragmented market. Their competitive advantages include their established brand, diverse product portfolio, and strong customer relationships.

Major Acquisitions

Elkhart Plastics

  • Year: 2021
  • Acquisition Price (USD millions): 66.5
  • Strategic Rationale: Expanded the company's plastic solution products.

Growth Trajectory and Initiatives

Historical Growth: Myers Industries' growth has been driven by both organic growth and acquisitions.

Future Projections: Analyst estimates for Myers Industries' future growth vary, but generally expect moderate growth driven by increased demand for material handling and storage solutions.

Recent Initiatives: Recent initiatives may include product development, market expansion, and operational improvements.

Summary

Myers Industries is a diversified manufacturing company with a focus on material handling and storage solutions. The company has a strong distribution network and a history of paying dividends. Key areas to watch include raw material costs, competition, and economic cycles. Myers Industries has a lot of growth potential due to recent acquisition and focus on recycling solutions.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Research

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It is not financial advice.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Myers Industries Inc

Exchange NYSE
Headquaters Akron, OH, United States
IPO Launch date 1987-09-08
President, CEO & Director Mr. Aaron M. Schapper
Sector Consumer Cyclical
Industry Packaging & Containers
Full time employees 2700
Full time employees 2700

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and 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, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle 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 under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. 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.