MYE Stock Analysis: Buy, Sell, or Hold?
MYE - Myers Industries, Inc.
$36.00
1.84 (5.39%)
▲
5d:
+10.13%
30d:
+14.14%
90d:
+73.83%
HOLD
MODERATE Confidence
Analysis Updated: Jul 31, 2026 12:00 AM ET
Earnings: Jul 30, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD - EXTENDED: MYE is 7.9% above its trading range ($33.36). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
📊 HOLD - EXTENDED: MYE is 7.9% above its trading range ($33.36). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$41.75
Based on 9.7% avg growth
INTRINSIC VALUE TODAY
$25.92
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 14.1x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MYE is currently trading at $36.00, which is considered extended relative to its 30-day fair value range of $30.21 to $33.36. From a valuation perspective, the stock is trading at a premium (Forward PE: 18.3) compared to its historical average (14.1). At these levels, the market is pricing in 8.9% 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 strong uptrend. The price is approaching resistance at $36.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 5.4% recently.
Market Sentiment: MYE has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, MYE is in a strong uptrend. The price is approaching resistance at $36.00. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 5.4% recently.
Market Sentiment: MYE has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$30.21 -
$33.36
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.1%
All Signals
- BEARISH: Price extended above range (+7.9% above its trading range)
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+5.4%)
- NEUTRAL: Near Wall St target ($37.00)
- NEUTRAL: PE elevated vs history but 8.9% growth expectation is conservative given 172% recent growth
Trading Range Analysis
30-Day Trading Range
$30.21 -
$33.36
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$30.04
Resistance Level
$36.00
Current Trend
Strong Uptrend
Technical data as of
Jul 31, 2026
Fundamental Context
Forward P/E (Next Year Est.)
18.27
Wall Street Target
$37.00
(+8.3%)
Revenue Growth (YoY)
1.8%
Earnings Growth (YoY)
172.5%
Profit Margin
3.2%
Valuation Premium vs History
+8.9% premium
PE vs Historical
18.3 vs 14.1
STRETCHED
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+8.9%
(market-implied from PE analysis)
1-Year Target
$37.20
(+9%)
2-Year Target
$40.51
(+19%)
3-Year Target
$44.12
(+29%)
3-Yr Target (if PE normalizes)
(PE: 18→14)
PE COMPRESSION
$34.05
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.7, Growth: 15.4%)
$59.62
(+75%)
Base:
(SPY PE: 18.3, Growth: 15.4%)
$52.54
(+54%)
Bear:
(PE: 14.1, Growth: 15.4%)
$40.55
(+19%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (30x PE), but valuation improves significantly next year (18x PE) as earnings recover.
Trailing PE: 29.70 | Current EPS (TTM): $1.11
Bull Case
$61.10
(+79%)
Analyst growth 68.5%, PE expands to 32.7
Base Case
$55.54
(+63%)
Market implied 68.5%, PE stable at 29.7
Bear Case
$22.42
(-34%)
Severe decline -20.0%, PE contracts to 25.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: August 03, 2026 2:01 PM ET
Data refreshes hourly during market hours. Next update: 3:01 PM
Data refreshes hourly during market hours. Next update: 3:01 PM
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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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