Myers Industries

MYE · NYSE

$32.27+$0.75 (+2.38%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $31.52

MYE analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 2 analysts

Average $37.74 (+17.0% upside)

Low: $37.37
Now: $32.27
High: $38.85

Upgrades and downgrades

The latest rating actions, newest first

MYE analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keybanc	Jun 30, 2026	Maintains	Overweight	$26.00 → $37.00	61%
Keybanc	Feb 18, 2026	Maintains	Overweight	$21.00 → $26.00	61%

The case for and against

Updated Nov 28, 2025

Bull case

Myers Industries Inc is projected to experience significant growth, with an estimated low-single-digit percentage sales increase leading to an EBIT margin of approximately 9.8% in 2025 and a further rise to about 12.6% in 2026. The company is currently trading at a price-to-earnings (P/E) ratio of 14.3x and 9.3x for its 2025 and 2026 estimates, respectively, suggesting a favorable valuation compared to industry peers. Additionally, anticipated initiatives such as portfolio optimization and cost restructuring are expected to enhance Myers’ EBIT margin profile, further contributing to a positive outlook for the company’s financial performance.

Bear case

Myers Industries Inc is currently experiencing depressed earnings, resulting in the stock trading approximately seven turns below its 2018-2024 average. The company's primary end markets, including RV, marine, and recreational sectors, have shown signs of deceleration for about ten quarters following a post-COVID boom, leading to lowered revenue expectations. Additionally, projections for FY25 and FY26 earnings per share have been reduced, reflecting modest declines in demand across both industrial and consumer markets.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.