Myers Industries (MYE) Stock Forecast, Price Target & Predictions
MYE Stock Forecast
Myers Industries stock forecast is as follows: an average price target of $30.00 (represents a 163.16% upside from MYE’s last price of $11.40) and
MYE Price Target
Myers Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 22, 2024 | Ryan Mills | KeyBanc | $30.00 | $23.06 | 30.10% | 163.16% |
The latest Myers Industries stock forecast, released on Mar 22, 2024 by Ryan Mills from KeyBanc, set a price target of $30.00, which represents a 30.10% increase from the stock price at the time of the forecast ($23.06), and a 163.16% increase from MYE last price ($11.40).
Myers Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $30.00 |
| Last Closing Price | $11.40 | $11.40 | $11.40 |
| Upside/Downside | -100.00% | -100.00% | 163.16% |
In the current month, the average price target of Myers Industries stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Myers Industries's last price of $11.40. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Myers Industries Financial Forecast
Myers Industries Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $191.08M | $197.80M | $208.45M | $215.74M | $212.84M | $228.06M | $233.16M | $225.49M | $199.58M | $200.06M | $187.37M | $174.43M | $137.47M | $132.26M | $118.39M | $122.25M | $116.82M | $125.48M |
| Avg Forecast | $216.00M | $218.00M | $230.40M | $229.10M | $211.70M | $213.70M | $220.90M | $216.60M | $203.10M | $219.50M | $241.10M | $241.80M | $196.19M | $220.74M | $222.86M | $229.63M | $220.63M | $224.80M | $217.54M | $203.96M | $189.03M | $197.03M | $182.76M | $161.05M | $128.83M | $119.90M | $107.29M | $138.40M | $127.57M | $134.90M |
| High Forecast | $216.00M | $218.00M | $230.40M | $229.10M | $211.70M | $213.70M | $220.90M | $216.60M | $203.10M | $219.50M | $241.10M | $241.80M | $196.19M | $220.74M | $222.86M | $229.63M | $220.63M | $224.80M | $217.54M | $203.96M | $189.03M | $197.03M | $182.76M | $161.05M | $128.83M | $119.90M | $107.29M | $138.40M | $127.57M | $134.90M |
| Low Forecast | $216.00M | $218.00M | $230.40M | $229.10M | $211.70M | $213.70M | $220.90M | $216.60M | $203.10M | $219.50M | $241.10M | $241.80M | $196.19M | $220.74M | $222.86M | $229.63M | $220.63M | $224.80M | $217.54M | $203.96M | $189.03M | $197.03M | $182.76M | $161.05M | $128.83M | $119.90M | $107.29M | $138.40M | $127.57M | $134.90M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.90% | 0.94% | 0.94% | 0.96% | 1.01% | 1.07% | 1.11% | 1.06% | 1.02% | 1.03% | 1.08% | 1.07% | 1.10% | 1.10% | 0.88% | 0.92% | 0.93% |
Myers Industries's average Quarter revenue forecast for Mar 24 based on 1 analysts is $241.80M, with a low forecast of $241.80M, and a high forecast of $241.80M. MYE's average Quarter revenue forecast represents a 26.55% increase compared to the company's last Quarter revenue of $191.08M (Dec 23).
Myers Industries EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.67M | $18.70M | $16.14M | $24.60M | $17.05M | $25.17M | $22.40M | $29.26M | $16.00M | $16.70M | $21.36M | $16.13M | $9.69M | $17.29M | $18.19M | $29.12M | $15.50M | $13.65M |
| Avg Forecast | $22.57M | $22.78M | $24.07M | $23.94M | $22.12M | $22.33M | $23.08M | $22.63M | $21.22M | $22.94M | $25.19M | $20.95M | $20.50M | $23.07M | $23.29M | $19.04M | $12.97M | $26.48M | $25.63M | $17.31M | $22.27M | $23.21M | $21.53M | $12.54M | $15.18M | $14.13M | $12.64M | $26.21M | $15.03M | $15.89M |
| High Forecast | $22.57M | $22.78M | $24.07M | $23.94M | $22.12M | $22.33M | $23.08M | $22.63M | $21.22M | $22.94M | $25.19M | $25.14M | $20.50M | $23.07M | $23.29M | $22.85M | $15.57M | $26.48M | $25.63M | $20.77M | $22.27M | $23.21M | $21.53M | $15.05M | $15.18M | $14.13M | $12.64M | $31.45M | $15.03M | $15.89M |
| Low Forecast | $22.57M | $22.78M | $24.07M | $23.94M | $22.12M | $22.33M | $23.08M | $22.63M | $21.22M | $22.94M | $25.19M | $16.76M | $20.50M | $23.07M | $23.29M | $15.23M | $10.38M | $26.48M | $25.63M | $13.85M | $22.27M | $23.21M | $21.53M | $10.03M | $15.18M | $14.13M | $12.64M | $20.97M | $15.03M | $15.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | 0.81% | 0.69% | 1.29% | 1.31% | 0.95% | 0.87% | 1.69% | 0.72% | 0.72% | 0.99% | 1.29% | 0.64% | 1.22% | 1.44% | 1.11% | 1.03% | 0.86% |
1 analysts predict MYE's average Quarter EBITDA for Mar 24 to be $20.95M, with a high of $25.14M and a low of $16.76M. This is 1152.77% upper than Myers Industries's previous annual EBITDA (Dec 23) of $1.67M.
Myers Industries Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $12.54M | $12.75M | $10.61M | $12.98M | $13.43M | $13.67M | $15.83M | $17.34M | $7.25M | $7.90M | $11.07M | $7.30M | $2.99M | $8.69M | $8.37M | $16.73M | $5.74M | $5.22M |
| Avg Forecast | $13.03M | $14.52M | $16.38M | $14.52M | $11.17M | $11.54M | $11.91M | $8.93M | $3.72M | $10.79M | $11.54M | $12.22M | $9.86M | $16.19M | $13.03M | $11.11M | $2.20M | $12.13M | $14.18M | $10.10M | $7.84M | $9.70M | $10.26M | $5.68M | $6.09M | $5.22M | $4.97M | $15.05M | $4.29M | $5.22M |
| High Forecast | $13.03M | $14.52M | $16.38M | $14.52M | $11.17M | $11.54M | $11.91M | $8.93M | $3.72M | $10.79M | $11.54M | $14.66M | $9.86M | $16.19M | $13.03M | $13.33M | $2.64M | $12.13M | $14.18M | $12.12M | $7.84M | $9.70M | $10.26M | $6.82M | $6.09M | $5.22M | $4.97M | $18.06M | $4.29M | $5.22M |
| Low Forecast | $13.03M | $14.52M | $16.38M | $14.52M | $11.17M | $11.54M | $11.91M | $8.93M | $3.72M | $10.79M | $11.54M | $9.77M | $9.86M | $16.19M | $13.03M | $8.88M | $1.76M | $12.13M | $14.18M | $8.08M | $7.84M | $9.70M | $10.26M | $4.55M | $6.09M | $5.22M | $4.97M | $12.04M | $4.29M | $5.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 0.79% | 0.81% | 1.17% | 6.11% | 1.13% | 1.12% | 1.72% | 0.93% | 0.81% | 1.08% | 1.29% | 0.49% | 1.66% | 1.68% | 1.11% | 1.34% | 1.00% |
Myers Industries's average Quarter net income forecast for Mar 24 is $12.22M, with a range of $9.77M to $14.66M. MYE's average Quarter net income forecast represents a -2.57% decrease compared to the company's last Quarter net income of $12.54M (Dec 23).
Myers Industries SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $38.75M | $43.70M | $52.35M | $52.08M | $47.42M | $51.76M | $52.32M | $47.99M | $41.30M | $42.53M | $40.12M | $39.55M | $34.97M | $33.93M | $30.32M | $31.12M | $30.34M | $31.52M |
| Avg Forecast | $50.97M | $51.44M | $54.37M | $54.06M | $49.96M | $50.43M | $52.13M | $51.11M | $47.93M | $51.80M | $56.89M | $33.82M | $46.29M | $52.09M | $52.59M | $30.74M | $32.87M | $53.05M | $51.33M | $27.95M | $44.61M | $46.49M | $43.13M | $30.76M | $30.40M | $28.29M | $25.32M | $28.00M | $30.10M | $31.83M |
| High Forecast | $50.97M | $51.44M | $54.37M | $54.06M | $49.96M | $50.43M | $52.13M | $51.11M | $47.93M | $51.80M | $56.89M | $40.58M | $46.29M | $52.09M | $52.59M | $36.89M | $39.45M | $53.05M | $51.33M | $33.54M | $44.61M | $46.49M | $43.13M | $36.91M | $30.40M | $28.29M | $25.32M | $33.61M | $30.10M | $31.83M |
| Low Forecast | $50.97M | $51.44M | $54.37M | $54.06M | $49.96M | $50.43M | $52.13M | $51.11M | $47.93M | $51.80M | $56.89M | $27.05M | $46.29M | $52.09M | $52.59M | $24.59M | $26.30M | $53.05M | $51.33M | $22.36M | $44.61M | $46.49M | $43.13M | $24.61M | $30.40M | $28.29M | $25.32M | $22.40M | $30.10M | $31.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.84% | 1.00% | 1.69% | 1.44% | 0.98% | 1.02% | 1.72% | 0.93% | 0.91% | 0.93% | 1.29% | 1.15% | 1.20% | 1.20% | 1.11% | 1.01% | 0.99% |
Myers Industries's average Quarter SG&A projection for Mar 24 is $33.82M, based on 1 Wall Street analysts, with a range of $27.05M to $40.58M. The forecast indicates a -12.72% fall compared to MYE last annual SG&A of $38.75M (Dec 23).
Myers Industries EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.34 | $0.35 | $0.29 | $0.35 | $0.37 | $0.37 | $0.43 | $0.48 | $0.20 | $0.22 | $0.31 | $0.20 | $0.08 | $0.24 | $0.23 | $0.47 | $0.16 | $0.15 |
| Avg Forecast | $0.35 | $0.39 | $0.44 | $0.39 | $0.30 | $0.31 | $0.32 | $0.24 | $0.10 | $0.29 | $0.31 | $0.32 | $0.27 | $0.43 | $0.35 | $0.36 | $0.29 | $0.33 | $0.38 | $0.34 | $0.21 | $0.26 | $0.28 | $0.18 | $0.16 | $0.14 | $0.13 | $0.20 | $0.12 | $0.14 |
| High Forecast | $0.35 | $0.39 | $0.44 | $0.39 | $0.30 | $0.31 | $0.32 | $0.24 | $0.10 | $0.29 | $0.31 | $0.32 | $0.27 | $0.43 | $0.35 | $0.36 | $0.29 | $0.33 | $0.38 | $0.34 | $0.21 | $0.26 | $0.28 | $0.18 | $0.16 | $0.14 | $0.13 | $0.20 | $0.12 | $0.14 |
| Low Forecast | $0.35 | $0.39 | $0.44 | $0.39 | $0.30 | $0.31 | $0.32 | $0.24 | $0.10 | $0.29 | $0.31 | $0.32 | $0.27 | $0.43 | $0.35 | $0.36 | $0.29 | $0.33 | $0.38 | $0.34 | $0.21 | $0.26 | $0.28 | $0.18 | $0.16 | $0.14 | $0.13 | $0.20 | $0.12 | $0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 0.80% | 0.83% | 0.97% | 1.28% | 1.14% | 1.13% | 1.43% | 0.95% | 0.85% | 1.13% | 1.11% | 0.49% | 1.71% | 1.73% | 2.38% | 1.39% | 1.07% |
According to 1 Wall Street analysts, Myers Industries's projected average Quarter EPS for Mar 24 is $0.32, with a low estimate of $0.32 and a high estimate of $0.32. This represents a -5.88% decrease compared to MYE previous annual EPS of $0.34 (Dec 23).
Myers Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MYE | Myers Industries | $12.32 | $30.00 | 143.51% | |
| OI | O-I Glass | $10.69 | $15.63 | 46.21% | Buy |
| CCK | Crown | $85.37 | $110.56 | 29.51% | Buy |
| AVY | Avery Dennison | $191.46 | $247.50 | 29.27% | Buy |
| REYN | Reynolds Consumer Products | $27.91 | $35.00 | 25.40% | Hold |
| GEF | Greif | $64.35 | $80.50 | 25.10% | Buy |
| GPK | Graphic Packaging Company | $28.74 | $34.00 | 18.30% | Buy |
| SON | Sonoco Products Company | $50.46 | $58.50 | 15.93% | Buy |
| SEE | Sealed Air | $35.54 | $41.00 | 15.36% | Buy |
| SLGN | Silgan | $53.53 | $58.00 | 8.35% | Buy |
| KRT | Karat Packaging | $31.38 | $33.00 | 5.16% | Buy |
| PTVE | Pactiv Evergreen | $17.33 | $15.50 | -10.56% | Buy |