Myers Industries, Inc. (MYE)
NYSE: MYE · IEX Real-Time Price · USD
14.52
-0.09 (-0.62%)
At close: Jul 19, 2024, 4:00 PM
14.50
-0.02 (-0.14%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Myers Industries Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Myers Industries stock has a target of 30, which predicts an increase of 106.61% from the current stock price of 14.52.
Analyst Consensus: Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for MYE is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $22 → $30 | Buy | Maintains | $22 → $30 | +106.61% | Mar 22, 2024 |
| Keybanc | Keybanc | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +51.52% | Dec 14, 2023 |
| Keybanc | Keybanc | Buy Maintains $27 → $21 | Buy | Maintains | $27 → $21 | +44.63% | Nov 8, 2023 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades $24 | Buy → Hold | Downgrades | $24 | +63.57% | Mar 2, 2023 |
| Keybanc | Keybanc | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 24, 2021 |
Financial Forecast
Revenue This Year
924.96M
from 813.07M
Increased by 13.76%
Revenue Next Year
994.95M
from 924.96M
Increased by 7.57%
EPS This Year
1.29
from 1.32
Decreased by -2.06%
EPS Next Year
1.72
from 1.29
Increased by 32.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 961.6M | 1.0B | 1.1B |
| Avg | 925.0M | 995.0M | 1.0B |
| Low | 897.5M | 965.4M | 999.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.3% | 11.8% | 7.5% |
| Avg | 13.8% | 7.6% | 3.5% |
| Low | 10.4% | 4.4% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.34 | 1.79 | 2.04 |
| Avg | 1.29 | 1.72 | 1.96 |
| Low | 1.25 | 1.67 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8% | 38.1% | 18.6% |
| Avg | -2.1% | 32.8% | 14.1% |
| Low | -5.0% | 28.9% | 10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.