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Myers Industries, Inc is currently in a long term uptrend where the price is trading 4.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.4% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.5.
Myers Industries, Inc's total revenue rose by 17.7% to $137M since the same quarter in the previous year.
Its net income has dropped by 47.9% to $3M since the same quarter in the previous year.
Finally, its free cash flow grew by 268.1% to $11M since the same quarter in the previous year.
Based on the above factors, Myers Industries, Inc gets an overall score of 4/5.
Sector | Consumer Cyclical |
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Industry | Packaging & Containers |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US6284641098 |
PE Ratio | 54.37 |
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Target Price | 22 |
Market Cap | 385M |
Beta | 1.1 |
Dividend Yield | 5.5% |
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
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