For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Myers Industries Inc (NYSE: MYE) closed at $14.53 down -0.75% from its previous closing price of $14.64. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 0.18 million shares were traded. MYE stock price reached its highest trading level at $14.74 during the session, while it also had its lowest trading level at $14.46.
Ratios:
For a deeper understanding of Myers Industries Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.42.
TD Cowen Downgraded its Outperform to Market Perform on March 02, 2023, whereas the target price for the stock was revised from $28.50 to $23.75.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 02 ’25 when Grant Fitz E bought 13,576 shares for $14.26 per share.
Bright Yvette Dapremont bought 500 shares of MYE for $5,720 on May 06 ’25. The Director now owns 27,711 shares after completing the transaction at $11.44 per share. On May 05 ’25, another insider, Kramer Jeffrey, who serves as the Director of the company, bought 1,000 shares for $11.63 each. As a result, the insider paid 11,630 and bolstered with 23,328 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MYE now has a Market Capitalization of 543164800 and an Enterprise Value of 934036672. As of this moment, Myers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.91, and their Forward P/E ratio for the next fiscal year is 9.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is 7.958.
Stock Price History:
The Beta on a monthly basis for MYE is 1.14, which has changed by 0.011838436 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, MYE has reached a high of $17.39, while it has fallen to a 52-week low of $9.06. The 50-Day Moving Average of the stock is 21.61%, while the 200-Day Moving Average is calculated to be 19.68%.
Shares Statistics:
For the past three months, MYE has traded an average of 277.48K shares per day and 309750 over the past ten days. A total of 37.35M shares are outstanding, with a floating share count of 36.59M. Insiders hold about 2.13% of the company’s shares, while institutions hold 88.71% stake in the company. Shares short for MYE as of 1748563200 were 626452 with a Short Ratio of 2.26, compared to 1745971200 on 685192. Therefore, it implies a Short% of Shares Outstanding of 626452 and a Short% of Float of 2.0.
Dividends & Splits
According to the company, the forward annual dividend rate for MYE is 0.54, from 0.54 in the trailing year. Against a Trailing Annual Dividend Yield of 0.037228543The stock’s 5-year Average Dividend Yield is 3.11. The current Payout Ratio is 280.52% for MYE, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1750204800. Stock splits for the company last occurred on 2004-08-11 when the company split stock in a 11:10 ratio.
