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Myers Industries Inc Stock Research

MYE

23.71USD-0.28(-1.17%)Market Closed

Market Summary

USD23.71-0.28
Market Closed
-1.17%

MYE Stock Price

MYE RSI Chart

MYE Valuation

Market Cap

865.0M

Price/Earnings (Trailing)

15.99

Price/Sales (Trailing)

0.98

EV/EBITDA

10.06

Price/Free Cashflow

14.2

MYE Price/Sales (Trailing)

MYE Profitability

EBT Margin

8.22%

Return on Equity

22.08%

Return on Assets

9.84%

Free Cashflow Yield

7.04%

MYE Fundamentals

MYE Revenue

Revenue (TTM)

881.1M

Revenue Y/Y

14%

Revenue Q/Q

-2.18%

MYE Earnings

Earnings (TTM)

54.1M

Earnings Y/Y

72.98%

Earnings Q/Q

-13.64%

Price Action

52 Week Range

15.6125.39
(Low)(High)

Last 7 days

-0.7%

Last 30 days

6.5%

Last 90 days

18.9%

Trailing 12 Months

35.7%

MYE Financial Health

Current Ratio

1.75

Debt/Equity

0.4

Debt/Cashflow

0.84

MYE Investor Care

Dividend Yield

3.1%

Dividend/Share (TTM)

0.54

Shares Dilution (1Y)

0.70%

Diluted EPS (TTM)

1.47

Peers (Alternatives to Myers Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
17.8B
14.6B
0.34% 5.39%
21.31
1.22
12.30% -11.45%
17.1B
21.1B
10.91% -14.24%
8.87
0.81
12.81% 7.29%
15.2B
9.2B
4.67% -3.76%
18.61
1.65
11.94% 9.08%
13.0B
8.5B
8.98% -0.96%
12.54
1.52
15.42% 38.33%
MID-CAP
7.7B
5.8B
9.33% -19.29%
13.4
1.34
7.94% 23.52%
7.4B
3.3B
3.26% 0.60%
31.01
2.2
5.62% -0.96%
6.0B
14.5B
0.79% -10.77%
7.93
0.41
4.66% 4.50%
5.9B
7.0B
0.50% 10.28%
13.52
0.84
26.89% 367.63%
2.9B
6.8B
14.29% 43.50%
4.77
0.43
7.74% 697.40%
SMALL-CAP
1.8B
-
1.57% 27.74%
12.39
1.64
- -
1.4B
3.5B
16.92% -3.54%
-925.51
0.39
69.37% 89.51%
865.0M
881.1M
6.47% 35.66%
15.99
0.98
25.99% 84.79%
801.3M
318.9M
-5.77% 56.17%
21.93
2.51
63.43% 117.03%
126.2M
364.1M
15.65% 79.64%
16.16
0.35
23.44% 132.29%

Financials for Myers Industries

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22021Q42021Q32021Q2
Revenue4.4%881844761699632
Gross Profit6.9%270253211199-
  S&GA Expenses5.0%193184164157-
EBITDA9.1%948670--
EBITDA Margin4.5%0.11*0.10*0.09*--
Earnings Before Taxes11.4%72654539-
EBT Margin6.7%0.08*0.08*0.06*--
Interest Expenses-4----
Net Income11.9%54483429-
Net Income Margin7.2%0.06*0.06*0.04*--
Free Cahsflow63.2%613727--
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.8%550554517485495
  Current Assets-2.4%268275255220229
    Cash Equivalents-9.0%2022181815
  Inventory-0.7%1081091009490
  Net PPE3.1%9895929290
  Goodwill-0.8%9596898989
Liabilities-3.8%305317293275-
  Current Liabilities-4.2%153160149133128
  Long Term Debt-5.8%981049291111
    LT Debt, CurrentNaN%-----
    LT Debt, Non Current-5.8%981049291111
Shareholder's Equity3.3%245237224209206
  Retained Earnings10.7%-72.31-80.97-91.78-104.17-106.48
  Additional Paid-In Capital0.5%313312309307306
Shares Outstanding0.1%3636363636
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations41.8%8258464529
  Share Based Compensation10.3%65433
Cashflow From Investing43.2%-43.95-77.39-47.81-50.29-113.77
Cashflow From Financing-212.7%-32.25293-5.1916
  Dividend Payments0.2%2020202020

Risks for MYE

What is the probability of a big loss on MYE?

86.2%


Probability that Myers Industries stock will be more than 20% underwater in next one year

46.5%


Probability that Myers Industries stock will be more than 30% underwater in next one year.

33.5%


Probability that Myers Industries stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MYE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Myers Industries was unfortunately bought at previous high price.

Drawdowns

Returns for MYE

Cumulative Returns on MYE

7.5%


10-Year Cumulative Returns

14.3%


7-Year Cumulative Returns

4.8%


5-Year Cumulative Returns

15.2%


3-Year Cumulative Returns

What are the long-term rolling returns for MYE?

FIve years rolling returns for Myers Industries.

Annualized Returns

Which funds bought or sold MYE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
STRS OHIO
new
-
197,000
197,000
-%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
added
0.82
71,494
268,494
-%
2023-01-26
Accel Wealth Management
sold off
-100
-30,000
-
-%
2023-01-26
NJ State Employees Deferred Compensation Plan
unchanged
-
91,680
355,680
0.06%
2023-01-26
State of Tennessee, Treasury Department
added
55.89
55,000
482,000
-%
2023-01-26
CENTRAL TRUST Co
unchanged
-
8,345
33,345
-%
2023-01-26
COMERICA BANK
reduced
-22.32
35,000
525,000
-%
2023-01-25
Lindbrook Capital, LLC
added
587.5
2,445
2,445
-%
2023-01-25
Versant Capital Management, Inc
reduced
-3.53
4,851
18,851
0.01%
2023-01-25
WHITTIER TRUST CO
reduced
-48.8
-10,692
23,308
-%

1–10 of 48

Latest Funds Activity

Are funds buying MYE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MYE
No. of Funds

Myers Industries News

ETF Daily News

Myers Industries, Inc. (NYSE:MYE) Stock Holdings Lowered by ....

ETF Daily News,
3 hours ago

DirectorsTalk Interviews

The Fosters Research

StockNews.com

Investor's Business Daily

Yahoo Finance

10 Cheap Hot Stocks to Buy Now.

Yahoo Finance,
22 days ago

Zacks Investment Research

New Strong Buy Stocks for December 27th.

Zacks Investment Research,
33 days ago

Schedule 13G FIlings of Myers Industries

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 23, 2023
blackrock inc.
15.8%
5,767,999
SC 13G/A
Jan 13, 2023
allspring global investments holdings, llc
5.71%
2,084,653
SC 13G/A
Apr 11, 2022
price t rowe associates inc /md/
10.9%
3,983,440
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
9.1%
3,330,909
SC 13G/A
Feb 10, 2022
william blair investment management, llc
5.1%
1,847,407
SC 13G
Feb 10, 2022
vanguard group inc
6.84%
2,477,910
SC 13G/A
Jan 27, 2022
blackrock inc.
15.8%
5,736,819
SC 13G/A
Jan 27, 2022
wells fargo & company/mn
0.13%
47,829
SC 13G/A
Jan 25, 2022
blackrock inc.
15.8%
5,736,819
SC 13G
Jan 18, 2022
allspring global investments holdings, llc
5.72%
2,071,394
SC 13G

MYE Fair Value

Recent SEC filings of Myers Industries

View All Filings
Date Filed Form Type Document
Jan 23, 2023
SC 13G/A
Major Ownership Report
Jan 13, 2023
SC 13G/A
Major Ownership Report
Nov 25, 2022
SC 13D/A
13D - Major Acquisition
Nov 14, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 27, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for MYE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-14
LIEBAU FREDERIC JACK JR
sold
-315,814
21.0543
-15,000
-
2022-11-01
Bright Yvette Dapremont
bought
10,325
20.65
500
-
2022-09-16
FOLEY WILLIAM A
bought
17,498
17.498
1,000
-
2022-09-01
Baker Jeffrey Jon
acquired
-
-
4,873
vp, shared services
2022-09-01
Baker Jeffrey Jon
sold (taxes)
-25,571.1
18.83
-1,358
vp, shared services
2022-08-17
Gurnee Jim
acquired
-
-
4,562
vp sales/marketing/commercial
2022-08-17
Gurnee Jim
sold (taxes)
-28,279.3
21.67
-1,305
vp sales/marketing/commercial
2022-04-28
COFFIN SARAH R
acquired
-
-
4,110
-
2022-04-28
LISMAN BRUCE M
acquired
-
-
4,110
-
2022-04-28
Bright Yvette Dapremont
acquired
-
-
4,110
-

1–10 of 50

Michael P. McGaugh
2720
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, OEM parts, storage, organization, and custom plastic products; 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, and Trilogy Plastics brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle 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. 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.

MYE Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 228,065$ 200,058$ 686,707$ 561,856
Cost of sales156,417145,860468,415402,251
Gross profit71,64854,198218,292159,605
Selling, general and administrative expenses51,75642,531152,066122,200
Gain on disposal of fixed assets(5)(150)(693)(1,146)
Operating income19,89711,81766,91938,551
Interest expense, net1,7191,0564,0773,050
Income before income taxes18,17810,76162,84235,501
Income tax expense4,5072,85816,0039,218
Net income$ 13,671$ 7,903$ 46,839$ 26,283
Net income per common share:    
Basic$ 0.37$ 0.22$ 1.29$ 0.73
Diluted$ 0.37$ 0.22$ 1.28$ 0.72

MYE Balance Sheet

2022-09-30
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash$ 20,424$ 17,655
Accounts receivable, less allowances of $2,932 and $3,229, respectively128,839100,691
Income tax receivable02,517
Inventories, net108,15893,551
Prepaid expenses and other current assets10,4915,500
Total Current Assets267,912219,914
Property, plant, and equipment, net97,89892,049
Right of use asset - operating leases29,80929,285
Goodwill95,28388,778
Intangible assets, net53,40850,181
Deferred income taxes105106
Other5,3094,236
Total Assets549,724484,549
Current Liabilities  
Accounts payable97,13181,690
Accrued employee compensation22,63521,616
Income taxes payable2,2900
Accrued taxes payable, other than income taxes3,7042,759
Accrued interest436966
Other current liabilities20,46319,628
Operating lease liability - short-term6,1555,341
Finance lease liability - short-term513500
Total Current Liabilities153,327132,500
Long-term debt97,96190,945
Operating lease liability - long-term23,66623,815
Finance lease liability - long-term9,0509,437
Other liabilities13,69113,086
Deferred income taxes7,0525,441
Total Liabilities304,747275,224
Shareholders’ Equity  
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding)00
Common Shares, without par value (authorized 60,000,000 shares; outstanding 36,482,424 and 36,262,259; net of treasury shares of 6,070,033 and 6,290,198, respectively)22,32122,172
Additional paid-in capital313,348306,720
Accumulated other comprehensive loss(18,386)(15,401)
Retained deficit(72,306)(104,166)
Total Shareholders’ Equity244,977209,325
Total Liabilities and Shareholders’ Equity$ 549,724$ 484,549