Myers Industries, Inc. (MYE)
NYSE: MYE · IEX Real-Time Price · USD
20.97
-0.49 (-2.28%)
Apr 17, 2024, 4:00 PM EDT - Market closed
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 43.06% from the current stock price of 20.97.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $22 → $30 | Buy | Maintains | $22 → $30 | +43.06% | Mar 22, 2024 |
| Keybanc | Keybanc | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +4.91% | Dec 14, 2023 |
| Keybanc | Keybanc | Buy Maintains $27 → $21 | Buy | Maintains | $27 → $21 | +0.14% | Nov 8, 2023 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades $24 | Buy → Hold | Downgrades | $24 | +13.26% | Mar 2, 2023 |
| Keybanc | Keybanc | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 24, 2021 |
Financial Forecast
Revenue This Year
951.12M
from 813.07M
Increased by 16.98%
Revenue Next Year
1.00B
from 951.12M
Increased by 5.24%
EPS This Year
1.38
from 1.32
Increased by 4.83%
EPS Next Year
1.72
from 1.38
Increased by 24.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 988.8M | 1.0B | 1.1B |
| Avg | 951.1M | 1.0B | 1.0B |
| Low | 922.9M | 971.7M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.6% | 9.4% | 8.6% |
| Avg | 17.0% | 5.2% | 4.4% |
| Low | 13.5% | 2.2% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.44 | 1.79 | 2.04 |
| Avg | 1.38 | 1.72 | 1.96 |
| Low | 1.34 | 1.67 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.0% | 29.0% | 18.6% |
| Avg | 4.8% | 24.1% | 14.1% |
| Low | 1.7% | 20.4% | 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.