MYE Stock Analysis: Buy, Sell, or Hold?
MYE - Myers Industries, Inc.
$33.53
0.02 (0.06%)
▲
5d:
+1.61%
30d:
+8.3%
90d:
+52.48%
HOLD
MODERATE Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Jul 30, 2026
0d
Get Alerted When MYE Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: MYE trades at premium valuation expecting 5.3% growth. Hold existing positions but don't chase. Wait for better entry.
📊 HOLD: MYE trades at premium valuation expecting 5.3% growth. Hold existing positions but don't chase. Wait for better entry.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$38.08
Based on 5.8% avg growth
INTRINSIC VALUE TODAY
$23.64
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 14.4x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MYE is currently trading at $33.53, which is considered fair relative to its 30-day fair value range of $31.25 to $34.58. From a valuation perspective, the stock is trading at a premium (Forward PE: 16.8) compared to its historical average (14.4). At these levels, the market is pricing in 5.3% 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 $34.40. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 59/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $37.00 (+10.3%). 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 $34.40. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 59/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $37.00 (+10.3%). 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
FAIR
Historical Trading Range
$31.25 -
$34.58
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
70.0%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (59/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($37.00)
- NEUTRAL: PE elevated vs history but 5.3% growth expectation is conservative given 106% recent growth
- NEUTRAL: Bottoming setup forming (59/100) — watch for confirmation
Trading Range Analysis
30-Day Trading Range
$31.25 -
$34.58
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$32.08
Resistance Level
$34.40
Current Trend
Strong Uptrend
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.77
Wall Street Target
$37.00
(+10.3%)
Revenue Growth (YoY)
9.8%
Earnings Growth (YoY)
105.5%
Profit Margin
4.3%
Valuation Premium vs History
+5.3% premium
PE vs Historical
16.8 vs 14.4
STRETCHED
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+5.3%
(market-implied from PE analysis)
1-Year Target
$35.31
(+5%)
2-Year Target
$37.18
(+11%)
3-Year Target
$39.15
(+17%)
3-Yr Target (if PE normalizes)
(PE: 17→14)
PE COMPRESSION
$33.63
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.1, Growth: 7.5%)
$49.90
(+49%)
Base:
(SPY PE: 16.8, Growth: 7.5%)
$41.69
(+24%)
Bear:
(PE: 14.3, Growth: 7.5%)
$35.43
(+6%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (25x PE), but valuation improves significantly next year (17x PE) as earnings recover.
Trailing PE: 25.01 | Current EPS (TTM): $1.34
Bull Case
$55.02
(+64%)
Analyst growth 49.3%, PE expands to 27.5
Base Case
$50.02
(+49%)
Market implied 49.3%, PE stable at 25.0
Bear Case
$22.79
(-32%)
Severe decline -20.0%, PE contracts to 21.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: August 23, 2026 6:26 PM ET
Data refreshes hourly during market hours. Next update: 7:26 PM
Data refreshes hourly during market hours. Next update: 7:26 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is MYE showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Packaging & Containers Stocks
Top-rated stocks in Packaging & Containers by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
SW
Smurfit WestRock plc |
STRONG BUY
15 analysts |
$56 | 48 HOLD |
|
SLGN
Silgan Holdings Inc |
STRONG BUY
12 analysts |
$55 | 68 BUY |
|
CCK
Crown Holdings Inc |
STRONG BUY
15 analysts |
$137 | 58 HOLD |
|
SEE
Sealed Air Corporation |
BUY
17 analysts |
$45 | 56 HOLD |
|
BALL
Ball Corporation |
BUY
17 analysts |
$73 | 52 HOLD |
