Added to YB: 2025-12-23
Pitch date: 2025-12-20
MYE [bullish]
Myers Industries, Inc.
-0.21%
current return
Author Info
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Company Info
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution.
Market Cap
$723.5M
Pitch Price
$19.30
Price Target
30.00 (+56%)
Dividend
2.79%
EV/EBITDA
8.67
P/E
26.20
EV/Sales
1.30
Sector
Containers and Packaging
Category
turnaround
Myers Industries (NYSE: MYE)
MYE: Industrial manufacturer selling reusable containers, pallets & storage systems to B2B customers. Focused Transformation Program targeting $20M annual cost savings (mostly identified). Selling lower-margin MTS distribution unit to improve margins. Q3 gross margins +150bps to 33.9%, FCF doubled. Trading 13x 2026 EPS est of $1.47. Upside to $30 if earns $1.50/share at 18-20x multiple.
Read full article (4 min)