Myers Industries Stock Performance
| MYE Stock | USD 22.01 0.01 0.05% |
On a scale of 0 to 100, Myers Industries holds a performance score of 11. The company secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Myers Industries returns are very sensitive to returns on the market. As the market goes up or down, Myers Industries is expected to follow. Please check Myers Industries' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Myers Industries' current price movements will revert.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Myers Industries are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, Myers Industries exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.41) | Five Day Return 3.3 | Year To Date Return 11.72 | Ten Year Return 5.08 | All Time Return 3.6 K |
Forward Dividend Yield 0.0249 | Payout Ratio 0.3857 | Last Split Factor 11:10 | Forward Dividend Rate 0.54 | Dividend Date 2024-04-04 |
1 | Acquisition by Robert Stefanko of 4144 shares of Myers Industries subject to Rule 16b-3 | 02/05/2024 |
2 | Myers Industries Completes Acquisition of Signature Systems | 02/08/2024 |
3 | Myers Q4 Earnings Snapshot | 03/05/2024 |
4 | Myers Industries Issues Quarterly Earnings Results | 03/08/2024 |
5 | Acquisition by Gurnee Jim of 1055 shares of Myers Industries subject to Rule 16b-3 | 03/19/2024 |
6 | ATER and DFH among Consumer Discretionary movers | 03/22/2024 |
7 | Disposition of 1532 shares by Gurnee Jim of Myers Industries subject to Rule 16b-3 | 03/25/2024 |
8 | Disposition of 469 shares by Monica Vinay of Myers Industries at 19.87 subject to Rule 16b-3 | 03/28/2024 |
| Myers Industries dividend paid on 4th of April 2024 | 04/04/2024 |
9 | Investing in Myers Industries five years ago would have delivered you a 42 percent gain | 04/05/2024 |
10 | Shareholders Will Most Likely Find Myers Industries, Inc.s CEO Compensation Acceptable | 04/19/2024 |
| Begin Period Cash Flow | 23.1 M |
Myers |
Myers Industries Relative Risk vs. Return Landscape
If you would invest 1,878 in Myers Industries on January 25, 2024 and sell it today you would earn a total of 324.00 from holding Myers Industries or generate 17.25% return on investment over 90 days. Myers Industries is generating 0.269% of daily returns assuming volatility of 1.8185% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Myers, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Myers Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Myers Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Myers Industries, and traders can use it to determine the average amount a Myers Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1479
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Myers Industries is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Myers Industries by adding it to a well-diversified portfolio.
Myers Industries Fundamentals Growth
Myers Stock prices reflect investors' perceptions of the future prospects and financial health of Myers Industries, and Myers Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Myers Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0717 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 863.39 M | |||
| Shares Outstanding | 36.94 M | |||
| Price To Earning | 22.20 X | |||
| Price To Book | 2.74 X | |||
| Price To Sales | 0.99 X | |||
| Revenue | 813.07 M | |||
| Gross Profit | 284.07 M | |||
| EBITDA | 95 M | |||
| Net Income | 48.87 M | |||
| Cash And Equivalents | 22.43 M | |||
| Cash Per Share | 0.62 X | |||
| Total Debt | 95.49 M | |||
| Debt To Equity | 0.60 % | |||
| Current Ratio | 1.72 X | |||
| Book Value Per Share | 7.95 X | |||
| Cash Flow From Operations | 86.17 M | |||
| Earnings Per Share | 1.32 X | |||
| Market Capitalization | 813.4 M | |||
| Total Asset | 541.63 M | |||
| Retained Earnings | (35.52 M) | |||
| Working Capital | 91.51 M | |||
| Current Asset | 154.31 M | |||
| Current Liabilities | 116.81 M | |||
About Myers Industries Performance
To evaluate Myers Industries Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Myers Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Myers Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Myers Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Myers's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 59.85 | 74.65 | |
| Return On Tangible Assets | 0.12 | 0.06 | |
| Return On Capital Employed | 0.19 | 0.14 | |
| Return On Assets | 0.09 | 0.05 | |
| Return On Equity | 0.17 | 0.1 |
Things to note about Myers Industries performance evaluation
Checking the ongoing alerts about Myers Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Myers Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 92.0% of the company shares are owned by institutional investors | |
| On 4th of April 2024 Myers Industries paid $ 0.135 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Shareholders Will Most Likely Find Myers Industries, Inc.s CEO Compensation Acceptable |
- Analyzing Myers Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Myers Industries' stock is overvalued or undervalued compared to its peers.
- Examining Myers Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Myers Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Myers Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Myers Industries' stock. These opinions can provide insight into Myers Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Myers Stock analysis
When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Myers Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.54 | Earnings Share 1.32 | Revenue Per Share 22.128 | Quarterly Revenue Growth (0.10) |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.