Myers Industries (MYE) Stock: Buy, Sell, or Hold?
MYE - Myers Industries, Inc.
$32.83
-0.06 (-0.18%)
▼
5d:
+5.8%
30d:
+3.14%
90d:
+4.42%
WAIT
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Oct 29, 2026
5d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: MYE shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: MYE shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$38.60
Based on 5.8% avg growth
INTRINSIC VALUE TODAY
$23.97
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 14.6x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MYE is currently trading at $32.83, which is considered extended relative to its 30-day fair value range of $30.47 to $31.97. From a valuation perspective, the stock is trading at a premium (Forward PE: 16.4) compared to its historical average (14.6). At these levels, the market is pricing in 3.9% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, MYE is in a uptrend. The price is approaching resistance at $32.96. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: MYE scores 30/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $37.00 (+12.7%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, MYE is in a uptrend. The price is approaching resistance at $32.96. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: MYE scores 30/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $37.00 (+12.7%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$30.47 -
$31.97
Company Quality Score
45/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
27.1%
All Signals
- BEARISH: Price extended above range
- BEARISH: Weak technical setup (30/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($37.00)
- NEUTRAL: Market pricing in 3.9% annual earnings growth - fairly valued
- WARNING: Composite score 45/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$30.47 -
$31.97
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$29.76
Resistance Level
$32.96
Current Trend
Uptrend
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.41
Wall Street Target
$37.00
(+12.7%)
Revenue Growth (YoY)
9.8%
Earnings Growth (YoY)
105.5%
Profit Margin
4.3%
Valuation Premium vs History
+3.9% premium
PE vs Historical
16.4 vs 14.6
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+3.9%
(market-implied from PE analysis)
1-Year Target
$34.11
(+4%)
2-Year Target
$35.44
(+8%)
3-Year Target
$36.82
(+12%)
3-Yr Target (if PE normalizes)
(PE: 16→15)
PE COMPRESSION
$32.75
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 7.5%)
$49.38
(+50%)
Base:
(SPY PE: 16.4, Growth: 7.5%)
$40.82
(+24%)
Bear:
(PE: 14.0, Growth: 7.5%)
$34.69
(+6%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (24x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 24.36 | Current EPS (TTM): $1.35
Bull Case
$53.60
(+63%)
Analyst growth 48.1%, PE expands to 26.8
Base Case
$48.73
(+48%)
Market implied 48.1%, PE stable at 24.4
Bear Case
$22.37
(-32%)
Severe decline -20.0%, PE contracts to 20.7
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: October 23, 2026 2:15 AM ET
Data refreshes hourly during market hours. Next update: 3:15 AM
Data refreshes hourly during market hours. Next update: 3:15 AM
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Technical Signals Check
Is MYE showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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