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 156.19% upside from MYE’s last price of $11.71) 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% | 156.19% |
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 156.19% increase from MYE last price ($11.71).
Myers Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $30.00 |
| Last Closing Price | $11.71 | $11.71 | $11.71 |
| Upside/Downside | -100.00% | -100.00% | 156.19% |
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 $11.71. 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 | $232.10M | $236.40M | $247.00M | $245.60M | $227.60M | $231.80M | $236.80M | $232.20M | $215.60M | $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 | $232.10M | $236.40M | $247.00M | $245.60M | $227.60M | $231.80M | $236.80M | $232.20M | $215.60M | $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 | $232.10M | $236.40M | $247.00M | $245.60M | $227.60M | $231.80M | $236.80M | $232.20M | $215.60M | $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 | $27.34M | $27.85M | $29.10M | $28.93M | $26.81M | $27.31M | $27.90M | $27.36M | $25.40M | $25.86M | $28.40M | $20.95M | $23.11M | $26.01M | $26.26M | $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 | $27.34M | $27.85M | $29.10M | $28.93M | $26.81M | $27.31M | $27.90M | $27.36M | $25.40M | $25.86M | $28.40M | $25.14M | $23.11M | $26.01M | $26.26M | $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 | $27.34M | $27.85M | $29.10M | $28.93M | $26.81M | $27.31M | $27.90M | $27.36M | $25.40M | $25.86M | $28.40M | $16.76M | $23.11M | $26.01M | $26.26M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.07% | 0.72% | 0.61% | 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 | $14.18M | $16.42M | $18.28M | $16.42M | $12.69M | $14.92M | $16.04M | $12.31M | $8.95M | $10.82M | $11.57M | $12.22M | $9.89M | $16.23M | $13.06M | $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 | $14.18M | $16.42M | $18.28M | $16.42M | $12.69M | $14.92M | $16.04M | $12.31M | $8.95M | $10.82M | $11.57M | $14.66M | $9.89M | $16.23M | $13.06M | $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 | $14.18M | $16.42M | $18.28M | $16.42M | $12.69M | $14.92M | $16.04M | $12.31M | $8.95M | $10.82M | $11.57M | $9.77M | $9.89M | $16.23M | $13.06M | $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 | $54.77M | $55.78M | $58.28M | $57.95M | $53.71M | $54.70M | $55.88M | $54.79M | $50.88M | $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 | $54.77M | $55.78M | $58.28M | $57.95M | $53.71M | $54.70M | $55.88M | $54.79M | $50.88M | $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 | $54.77M | $55.78M | $58.28M | $57.95M | $53.71M | $54.70M | $55.88M | $54.79M | $50.88M | $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 | $0.38 | $0.44 | $0.49 | $0.44 | $0.34 | $0.40 | $0.43 | $0.33 | $0.24 | $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 | $0.38 | $0.44 | $0.49 | $0.44 | $0.34 | $0.40 | $0.43 | $0.33 | $0.24 | $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 | $0.38 | $0.44 | $0.49 | $0.44 | $0.34 | $0.40 | $0.43 | $0.33 | $0.24 | $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 | $11.71 | $30.00 | 156.19% | - |
| SEE | Sealed Air | $36.27 | $51.70 | 42.54% | Buy |
| SON | Sonoco Products Company | $50.56 | $70.17 | 38.79% | Buy |
| PTVE | Pactiv Evergreen | $11.22 | $15.50 | 38.15% | Buy |
| OI | O-I Glass | $11.35 | $15.67 | 38.06% | Buy |
| REYN | Reynolds Consumer Products | $26.95 | $35.00 | 29.87% | Hold |
| KRT | Karat Packaging | $26.78 | $33.00 | 23.23% | Buy |
| CCK | Crown | $93.12 | $110.56 | 18.73% | Buy |
| GEF | Greif | $62.38 | $73.50 | 17.83% | Buy |
| AVY | Avery Dennison | $205.57 | $239.17 | 16.34% | Buy |
| GPK | Graphic Packaging Company | $27.80 | $31.88 | 14.68% | Buy |
| SLGN | Silgan | $53.07 | $53.40 | 0.62% | Buy |
MYE Forecast FAQ
Will Myers Industries stock go up soon?
According to Wall Street analysts' prediction for MYE stock, the company can go up by 156.19% (from the last price of $11.71 to the average price target of $30), up by 156.19% based on the highest stock price target, and up by 156.19% based on the lowest stock price target.
Can Myers Industries stock reach $20?
MYE's average twelve months analyst stock price target of $30 supports the claim that Myers Industries can reach $20 in the near future.
What are Myers Industries's analysts' financial forecasts?
Myers Industries's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $928.4M (high $928.4M, low $928.4M), average EBITDA is $109.38M (high $109.38M, low $109.38M), average net income is $55.97M (high $55.97M, low $55.97M), average SG&A $219.08M (high $219.08M, low $219.08M), and average EPS is $1.5 (high $1.5, low $1.5). MYE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $961.1M (high $961.1M, low $961.1M), average EBITDA is $113.23M (high $113.23M, low $113.23M), average net income is $65.3M (high $65.3M, low $65.3M), average SG&A $226.79M (high $226.79M, low $226.79M), and average EPS is $1.75 (high $1.75, low $1.75).
Did the MYE's actual financial results beat the analysts' financial forecasts?
Based on Myers Industries's last annual report (Dec 2023), the company's revenue was $813.07M, which missed the average analysts forecast of $869.41M by -6.48%. Apple's EBITDA was $72.4M, missing the average prediction of $94.42M by -23.31%. The company's net income was $48.87M, missing the average estimation of $50.28M by -2.82%. Apple's SG&A was $186.88M, beating the average forecast of $181.71M by 2.84%. Lastly, the company's EPS was $1.33, missing the average prediction of $1.41 by -5.67%. In terms of the last quarterly report (Dec 2023), Myers Industries's revenue was $191.08M, missing the average analysts' forecast of $196.19M by -2.60%. The company's EBITDA was $1.67M, missing the average prediction of $23.11M by -92.77%. Myers Industries's net income was $12.54M, beating the average estimation of $9.89M by 26.81%. The company's SG&A was $38.75M, missing the average forecast of $46.29M by -16.31%. Lastly, the company's EPS was $0.34, beating the average prediction of $0.265 by 28.30%