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Myers Industries Inc (MYE)

Upturn stock ratingUpturn stock rating
$16.05
Last Close (24-hour delay)
Profit since last BUY29.75%
upturn advisory
Consider higher Upturn Star rating
BUY since 88 days
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Upturn Advisory Summary

09/17/2025: 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$16.05
52w High $16.98

Analysis of Past Performance

Type Stock
Historic Profit -15.44%
Avg. Invested days 39
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 600.43M USD
Price to earnings Ratio 61.73
1Y Target Price 21
Price to earnings Ratio 61.73
1Y Target Price 21
Volume (30-day avg) 1
Beta 1.21
52 Weeks Range 8.90 - 16.98
Updated Date 09/17/2025
52 Weeks Range 8.90 - 16.98
Updated Date 09/17/2025
Dividends yield (FY) 3.38%
Basic EPS (TTM) 0.26

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin 1.2%
Operating Margin (TTM) 9.9%

Management Effectiveness

Return on Assets (TTM) 4.98%
Return on Equity (TTM) 3.43%

Valuation

Trailing PE 61.73
Forward PE -
Enterprise Value 961956340
Price to Sales(TTM) 0.73
Enterprise Value 961956340
Price to Sales(TTM) 0.73
Enterprise Value to Revenue 1.17
Enterprise Value to EBITDA 11.12
Shares Outstanding 37409727
Shares Floating 36707172
Shares Outstanding 37409727
Shares Floating 36707172
Percent Insiders 1.83
Percent Institutions 88.83

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 Matthew P. Myers as a tire supply company. Over time, it has evolved into a diversified manufacturer of polymer products and distributor of tire service supplies.

business area logo Core Business Areas

  • Material Handling: Manufactures and distributes a wide range of plastic containers, pallets, and other material handling solutions for various industries.
  • Distribution: Distributes tire service supplies, tools, and equipment through its Lawson America and Tuffy brands.

leadership logo Leadership and Structure

Michael McGaugh serves as the Chief Executive Officer. The company operates with a functional organizational structure, with distinct divisions for material handling and distribution.

Top Products and Market Share

overview logo Key Offerings

  • Plastic Containers: Reusable plastic containers used in a variety of industries, including agriculture, food processing, and manufacturing. Market share is estimated at around 10-15% in the North American market. Competitors include ORBIS Corporation and IPL Plastics.
  • Tire Service Supplies: Range of tire service supplies, tools, and equipment, distributed primarily through Lawson America and Tuffy. Market share estimated at 5-8% in the North American market. Competitors include Tech International and 31 Inc.
  • Pallets: Plastic pallets used for transport and storage. Market share is small, approximately 2-4%. Competitors include ORBIS Corporation and Rehrig Pacific Company.

Market Dynamics

industry overview logo Industry Overview

The polymer products manufacturing industry is competitive and influenced by raw material prices, economic cycles, and technological advancements. The distribution segment is impacted by vehicle miles traveled and the demand for tire maintenance.

Positioning

Myers Industries holds a competitive position through its diversified product portfolio and established distribution network. Its competitive advantages include its brand reputation and operational efficiency.

Total Addressable Market (TAM)

The TAM for industrial packaging and distribution is estimated at over $50 billion globally. Myers Industries is positioned to capture a portion of this through its product offerings.

Upturn SWOT Analysis

Strengths

  • Diversified product portfolio
  • Established distribution network
  • Strong brand recognition
  • Operational efficiency

Weaknesses

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

Opportunities

  • Expansion into new markets
  • Acquisitions of complementary businesses
  • Development of innovative products
  • Growth in e-commerce

Threats

  • Intense competition
  • Economic downturns
  • Changes in regulations
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • ORBIS Corporation (Private)
  • Greif Inc (GEF)
  • Mauser Packaging Solutions (Private)

Competitive Landscape

Myers Industries faces competition from larger players with greater financial resources and global reach. However, its niche products and established distribution network provide a competitive advantage.

Major Acquisitions

LTD Management, Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 77
  • Strategic Rationale: Expands the company's product portfolio and market reach in the lawn and garden sector.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been steady with revenue increasing and a slight reduction in earnings.

Future Projections: Analysts project continued growth for Myers Industries, driven by increased demand for its products and strategic initiatives.

Recent Initiatives: Recent initiatives include acquisitions to expand product offerings, cost reduction programs, and investments in new technologies.

Summary

Myers Industries is a diversified manufacturer with a solid position in material handling and distribution. Its diversified product portfolio and established network are strengths, but it faces raw material price volatility and competition. Growth opportunities exist through market expansion and acquisitions, but economic downturns pose a threat. The company has shown recent revenue growth but profitability improvement remains a challenge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q), Yahoo Finance, MarketWatch, Company Website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate. Financial data subject to change.

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

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

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

Upturn AI SummarizationUpturn 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.