Myers Industries, Inc. (MYE) AI Stock Analysis
MYE AI stock analysis summary
AI ResearchMyers Industries, Inc. (MYE) is a diversified manufacturer and distributor of material handling solutions and tire service supplies. Over the trailing twelve months, the company generated $844.6M in revenue with an operating margin of 17.4%. In the quarter ended June 30, 2026, quarterly earnings grew 105.5% year-over-year while quarterly revenue rose 9.8%.
- Market cap
- $1.18B
- Revenue (TTM)
- $844.6M
- P/E
- 23.2x fwd 13.9x
- 1Y return
- 97.6% S&P 500 16.8%
- Avg. target
- $37.00 18.2% vs last close
Bull case
- Quarterly earnings rose 105.5% year-over-year in the period ended June 30, 2026, driven by a 9.8% expansion in revenue.
- Gross margin improved consistently from 27.9% in FY2021 to 33.4% in FY2025, supported by an operating cash flow of $86.8M.
- The stock generated $67.2M in free cash flow in FY2025 while maintaining an unbroken 38-year dividend payment streak.
Bear case
- Total debt of $338.9M results in net debt of $291.3M and a debt-to-equity ratio of 1.11 as of June 30, 2026.
- The trailing P/E of 23.2x and price-to-sales of 1.4x exceed the US-listed Consumer Cyclical peer medians of 18.0x and 0.7x, alongside a PEG of 4.62.
- Annual revenue has been choppy, falling 9.6% in FY2023 and 1.3% in FY2025, while 5-year annualized dividend growth was 0.0%.
What Myers Industries does
Myers Industries operates through two primary segments: Material Handling and Distribution. The Material Handling segment provides pallets, small parts bins, bulk shipping containers, and custom plastic solutions under brands such as Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics. These products serve industrial manufacturing, food processing, retail distribution, agriculture, automotive, healthcare, and consumer markets. The Distribution segment supplies tools, equipment, and materials for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles. It also produces tire repair materials and custom rubber goods, serving retail and commercial tire dealers, auto dealerships, repair centers, retreaders, truck stops, and government agencies.
Growth and profitability
Between FY2020 and FY2025, Myers Industries delivered a 5-year revenue CAGR of 10.1%. Annual revenue reached $899.5M in FY2022 before declining 9.6% in FY2023 to $813.1M. Revenue rose 2.9% to $836.3M in FY2024 and then slipped 1.3% in FY2025 to $825.7M, though gross margin expanded from 27.9% in FY2021 to 33.4% in FY2025. Annual net income finished FY2025 at $34.9M with EPS of $1.10, recovering from $7.2M and EPS of $1.04 in FY2024. For the trailing twelve months ended June 30, 2026, revenue stood at $844.6M with a profit margin of 4.3%. In the latest quarter ended June 30, 2026, quarterly revenue increased 9.8% year-over-year and quarterly earnings surged 105.5%.
Balance sheet and cash flow
As of June 30, 2026, Myers Industries held $47.6M in cash and short-term investments against total debt of $338.9M, leaving net debt at $291.3M. Total assets stood at $845.0M compared to shareholders' equity of $306.4M, representing a debt-to-equity ratio of 1.11 and a current ratio of 1.61. In FY2025, operating cash flow reached $86.8M and free cash flow was $67.2M. Capital allocation in FY2025 included $19.6M in capital expenditures, $20.5M in dividends paid, and $2.5M spent on share buybacks, alongside a 5-year share count change of 3.6%.
Valuation and performance
Myers Industries carries a market capitalization of $1.18B and an enterprise value of $1.49B. The stock trades at a trailing P/E of 23.2x, above the 18.0x median of its US-listed Consumer Cyclical peers. Its forward P/E is 13.9x compared to the peer median of 14.1x, while its EV/EBITDA stands at 10.7x against the peer group median of 11.1x. Price-to-sales is 1.4x versus 0.7x for peers, and the PEG ratio is 4.62. Over the 1-year period through October 16, 2026, the stock returned 97.6%, outpacing the S&P 500 (SPY) return of 16.8%. Over 5 years, MYE returned 78.7% compared to 83.0% for the index.
MYE dividend
Myers Industries pays a quarterly dividend with a forward annual payout of $0.54 per share, translating to a dividend yield of 1.73%. The company has maintained 38 consecutive years of dividend payments, with a payout ratio of 35.1%. Its 5-year annualized dividend growth rate is 0.0%, and the last ex-dividend date was September 18, 2026.
What analysts expect
Wall Street coverage includes 1 Strong Buy rating, 0 Buys, 0 Holds, 0 Sells, and 0 Strong Sells. The mean price target is $37.00, which is 18.2% above the last close of $31.30. For the fiscal year ending December 31, 2026, the EPS estimate is $1.86 on revenue of $666.9M. For the following fiscal year, the single covering analyst projects EPS of $2.00 on revenue of $693.6M. The company beat EPS estimates in each of the last 4 quarters, and the next earnings date is October 29, 2026.
Key risks and what to watch
- Net debt stands at $291.3M against $47.6M in cash and short-term investments as of June 30, 2026.
- Annual revenue contracted 1.3% in FY2025 to $825.7M, showing vulnerability to cyclical demand in industrial and automotive end markets.
- Only 1 analyst covers the stock, which limits the breadth of published consensus estimates and price targets.
- Short interest represents 4.8% of the float following a 97.6% 1-year share price gain.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this MYE AI stock analysis
This page is an AI-written research summary of Myers Industries, Inc. (MYE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: MYE income statement, MYE balance sheet, MYE key metrics, MYE analyst forecast, MYE chart. See the MYE stock overview for the latest quote and news.
MYE AI stock analysis FAQ
What is Myers Industries' dividend yield and history?
Myers Industries pays a forward annual dividend of $0.54 per share, resulting in a 1.73% dividend yield. The company has paid dividends for 38 consecutive years, though its 5-year annualized dividend growth rate is 0.0%.
How did Myers Industries perform in its latest quarter?
For the quarter ended June 30, 2026, Myers Industries recorded a 9.8% year-over-year increase in quarterly revenue and a 105.5% year-over-year increase in quarterly earnings.
What is Myers Industries' debt position?
As of June 30, 2026, the company held $47.6M in cash and short-term investments against $338.9M in total debt, resulting in net debt of $291.3M and a debt-to-equity ratio of 1.11.
What is the consensus analyst target for MYE stock?
The sole covering analyst maintains a Strong Buy rating with a mean price target of $37.00, representing an 18.2% upside from the October 16, 2026 closing price of $31.30.