While Myers Industries Inc has overperformed by 0.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MYE rose by 32.70%, with highs and lows ranging from $17.39 to $9.06, whereas the simple moving average jumped by 18.87% in the last 200 days.
On June 13, 2025, KeyBanc Capital Markets Upgraded Myers Industries Inc (NYSE: MYE) to Overweight. A report published by KeyBanc Capital Markets on November 06, 2024, Downgraded its rating to ‘Sector Weight’ for MYE. TD Cowen also Downgraded MYE shares as ‘Market Perform’, setting a target price of $23.75 on the company’s shares in a report dated March 02, 2023. Cowen August 27, 2019d its ‘Market Perform’ rating to ‘Outperform’ for MYE, as published in its report on August 27, 2019. Robert W. Baird also rated the stock as ‘Neutral’.
Analysis of Myers Industries Inc (MYE)
Investors in Myers Industries Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.54 per share. Further, the quarter-over-quarter decrease in sales is -4.84%, showing a negative trend in the upcoming months.
One of the most important indicators of Myers Industries Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 3.43% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.12, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MYE is recording 237.30K average volume. On a monthly basis, the volatility of the stock is set at 3.39%, whereas on a weekly basis, it is put at 4.99%, with a loss of -1.94% over the past seven days. Furthermore, long-term investors anticipate a median target price of $21.00, showing growth from the present price of $14.65, which can serve as yet another indication of whether MYE is worth investing in or should be passed over.
How Do You Analyze Myers Industries Inc Shares?
The Packaging & Containers market is dominated by Myers Industries Inc (MYE) based in the USA. When comparing Myers Industries Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 55.53, there is a growth in quarterly earnings of -5.84%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 88.88% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
