Myers Industries (MYE) Stock: Buy, Sell, or Hold?
MYE - Myers Industries, Inc.
$30.01
-0.18 (-0.60%)
▼
5d:
-3.07%
30d:
-8.51%
90d:
+13.46%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Oct 29, 2026
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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
$38.34
Based on 5.8% avg growth
INTRINSIC VALUE TODAY
$23.81
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 14.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: MYE is currently trading at $30.01, which is considered oversold relative to its 30-day fair value range of $31.24 to $34.23. The stock's valuation (Forward PE: 15.0) is in line with its historical norms (14.5). At these levels, the market is pricing in 1.2% 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 currently testing key support at $29.76. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: MYE scores 31/100 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 (+23.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, MYE is in a strong uptrend. The price is currently testing key support at $29.76. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: MYE scores 31/100 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 (+23.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$31.24 -
$34.23
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
58.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (31/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 23.3% below Wall St target ($37.00)
- NEUTRAL: Market pricing in 1.2% annual earnings growth - fairly valued
- WARNING: Composite score 53/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$31.24 -
$34.23
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$29.76
Resistance Level
$33.89
Current Trend
Strong Uptrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.01
Wall Street Target
$37.00
(+23.3%)
Revenue Growth (YoY)
9.8%
Earnings Growth (YoY)
105.5%
Profit Margin
4.3%
Valuation Premium vs History
+1.2% premium
PE vs Historical
15.0 vs 14.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+1.2%
(market-implied from PE analysis)
1-Year Target
$30.37
(+1%)
2-Year Target
$30.73
(+2%)
3-Year Target
$31.10
(+4%)
3-Yr Target (if PE normalizes)
(PE: 15→15)
PE COMPRESSION
$30.06
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 7.5%)
$50.15
(+67%)
Base:
(SPY PE: 15.0, Growth: 7.5%)
$37.31
(+24%)
Bear:
(PE: 12.8, Growth: 7.5%)
$31.71
(+6%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (23x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 22.87 | Current EPS (TTM): $1.32
Bull Case
$50.32
(+68%)
Analyst growth 51.5%, PE expands to 25.2
Base Case
$45.74
(+52%)
Market implied 51.5%, PE stable at 22.9
Bear Case
$20.53
(-32%)
Severe decline -20.0%, PE contracts to 19.4
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: September 12, 2026 8:14 PM ET
Data refreshes hourly during market hours. Next update: 9:14 PM
Data refreshes hourly during market hours. Next update: 9:14 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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