Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $12.63 in the prior trading day, Myers Industries Inc (NYSE: MYE) closed at $10.69, down -15.36%. In other words, the price has decreased by -$15.36 from its previous closing price. On the day, 0.54 million shares were traded. MYE stock price reached its highest trading level at $11.96 during the session, while it also had its lowest trading level at $10.63.
Ratios:
Our goal is to gain a better understanding of MYE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.39.
On March 02, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $28.50 to $23.75.
KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on December 18, 2020, while the target price for the stock was maintained at $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Schapper Aaron M bought 1,972 shares for $12.67 per share. The transaction valued at 24,985 led to the insider holds 1,972 shares of the business.
Basque Dave bought 5,000 shares of MYE for $62,050 on Dec 09 ’24. The Interim President & CEO now owns 39,152 shares after completing the transaction at $12.41 per share. On Dec 05 ’24, another insider, Basque Dave, who serves as the Interim President & CEO of the company, bought 5,000 shares for $12.13 each. As a result, the insider paid 60,650 and bolstered with 34,152 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 398694240 and an Enterprise Value of 783585856. As of this moment, Myers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.59, and their Forward P/E ratio for the next fiscal year is 6.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.937 whereas that against EBITDA is 6.77.
Stock Price History:
The Beta on a monthly basis for MYE is 1.08, which has changed by -0.5189019 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, MYE has reached a high of $23.05, while it has fallen to a 52-week low of $9.32. The 50-Day Moving Average of the stock is -10.66%, while the 200-Day Moving Average is calculated to be -15.99%.
Shares Statistics:
The stock has traded on average 340.26K shares per day over the past 3-months and 341110 shares per day over the last 10 days, according to various share statistics. A total of 37.26M shares are outstanding, with a floating share count of 36.57M. Insiders hold about 1.94% of the company’s shares, while institutions hold 88.73% stake in the company. Shares short for MYE as of 1741910400 were 657853 with a Short Ratio of 1.93, compared to 1739491200 on 746040. Therefore, it implies a Short% of Shares Outstanding of 657853 and a Short% of Float of 2.1.
Dividends & Splits
In the trailing 12 months, MYE’s forward annual dividend rate was 0.54, compared to 0.54 this year. Against a Trailing Annual Dividend Yield of 0.042755347The stock’s 5-year Average Dividend Yield is 3.09. The current Payout Ratio is 280.52% for MYE, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2004-08-11 when the company split stock in a 11:10 ratio.
