
Myers Industries Inc
Myers Industries Inc (MYE) is a US-based manufacturer of polymer and plastic products used across material handling, outdoor consumer and industrial markets. Its range includes rotationallyβmoulded containers, carts, pallets, floor mats and other storage and transport solutions distributed through dealers, retailers and OEM partners. With a market capitalisation around $629.2m, the company competes on manufacturing scale, distribution reach and product design in cost-sensitive end markets. Growth drivers can include replacement cycles, demand from eβcommerce and logistics, product innovation and targeted margin improvements. Key risks are exposure to volatile resin and commodity costs, cyclical demand in sectors such as automotive and outdoor power equipment, and supplyβchain disruptions that can affect production and delivery. The company has historically used cash for operations, capital expenditure and occasional shareholder returns, but investors should review the latest financials for current policy. This is educational information only and not investment advice; values can rise or fall and past performance is not a reliable guide.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Myers Industries' stock with a target price of $30, indicating significant growth potential.
Financial Health
Myers Industries is performing well with solid revenue and cash flow, indicating healthy operations.
Dividend
Myers Industries Inc offers a dividend yield of 3.28%, which is decent for investors seeking income. If you invested $1000 you would be paid $32.80 a year in dividends (based on the last 12 months).
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Baskets Featuring MYE
Fortified Supply Chain
These carefully selected companies build resilience by keeping their operations close to home. Professional analysts have identified these businesses for their secure supply lines, which create a competitive advantage and protect against global disruptions.
Published: June 17, 2025
Explore BasketWhy Youβll Want to Watch This Stock
Demand from distributors
Stable orders from distributors and retailers can support revenues, though sales are cyclical and can be affected by broader economic swings.
Manufacturing advantages
Scale in rotational moulding and logistics can help margins, but rawβmaterial price volatility and supply delays may reduce profitability.
Diverse end markets
Exposure to automotive, outdoor and industrial markets offers diversification, yet these sectors can move in step with the economic cycle.
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