Last $18.69 USD
Change Today -0.44 / -2.30%
Volume 109.7K
As of 4:15 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

myers industries inc (MYE) Snapshot

Open
$19.08
Previous Close
$19.13
Day High
$19.24
Day Low
$18.53
52 Week High
04/17/14 - $24.74
52 Week Low
10/29/14 - $13.94
Market Cap
589.0M
Average Volume 10 Days
122.5K
EPS TTM
$0.52
Shares Outstanding
31.5M
EX-Date
11/25/14
P/E TM
35.9x
Dividend
$0.52
Dividend Yield
2.78%
Current Stock Chart for MYERS INDUSTRIES INC (MYE)

Related News

No related news articles were found.

myers industries inc (MYE) Related Businessweek News

No Related Businessweek News Found

myers industries inc (MYE) Details

Myers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets worldwide. The company’s Material Handling segment provides plastic reusable material handling containers, pallets, and bins, as well as metal shelving, cabinet, and racking systems primarily under the Buckhorn, Akro-Mils, Novel, and Jamco Products brand names for automotive, appliance, general industrial/manufacturing, retail distribution, agriculture, and food processing markets. Its Lawn and Garden segment offers injection-molded and thermoformed pots, hanging baskets, flats and carry trays, plug trays, nursery containers, propagation sheets, specialty pots, decorative resin planters, and seed starting kits, as well as planters, vertical gardens, dependable hanging baskets, ergonomic watering cans, and other related items for the home gardener. This segment markets its products to professional growers, greenhouses, nurseries, retail garden centers, mass merchandisers, and consumers under the brand names of Dillen, ITML, Pro Cal, Listo, Planters’ Pride, and Akro-Mils Lawn & Garden. The company’s Engineered Products segment provides plastic and rubber original equipment and replacement parts, rubber tire repair and retread products, and custom plastic and rubber products for automotive, recreational vehicle, recreational marine, construction and agriculture equipment, healthcare, and transportation markets under the Ameri-Kart, Patch Rubber, and WEK brands. Its Distribution segment distributes equipment, tools, and supplies that are used for tire servicing and automotive undervehicle repair under the Myers Tire Supply and Myers Tire Supply International brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.

myers industries inc (MYE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $762.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $340.0K
Compensation as of Fiscal Year 2013.

myers industries inc (MYE) Key Developments

Myers Industries Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Remainder and Full Year of 2015; Reports Impairment Charge for the Fourth Quarter of 2014

Myers Industries Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $158,271,000 against $144,724,000 for the same period last year. Operating income was $7,646,000 against $9,318,000 for the same period last year. Income from continuing operations before income taxes was $4,999,000 against $8,096,000 for the same period last year. Income from continuing operations was $3,799,000 or $0.12 per basic and diluted share against $6,382,000 or $0.19 per basic and diluted share for the same period last year. Net loss was $10,057,000 or $0.32 per basic and diluted share against net income of $3,319,000 or $0.10 per basic and diluted share for the same period last year. Income from continuing operations before income taxes as adjusted was $11.5 million against $10.5 million a year ago. Net income as adjusted was $2.4 million against $8.7 million for the same period last year. Income from continuing operations as adjusted was $4.1 million or $0.13 per diluted share against $5.2 million or $0.15 per diluted share a year ago. For the year, the company reported net sales of $623,649,000 against $584,733,000 for the same period last year. Operating income was $25,137,000 against $44,316,000 for the same period last year. Income from continuing operations before income taxes was $16,602,000 against $39,785,000 for the same period last year. Income from continuing operations was $11,271,000 or $0.34 per diluted share against $26,442,000 or $0.77 per diluted share for the same period last year. Net loss was $6,371,000 or $0.19 per diluted share against net income of $26,002,000 or $0.76 per diluted share for the same period last year. Net cash provided by operating activities was $39,058,000 against $96,068,000 for the same period last year. Capital expenditures were $24,170,000 against $20,709,000 for the same period last year. Income from continuing operations before taxes as adjusted was $44.9 million against $47.6 million a year ago. Net income as adjusted was $20.2 million against $34.1 million for the same period last year. Income from continuing operations as adjusted was $19.5 million or $0.60 per diluted share against $25.7 million or $0.75 per diluted share a year ago. Net sales increased 9.4% in the fourth quarter of 2014 and 6.7% for the full year of 2014, due mainly to the acquisition of Scepter. For the fourth quarter ended December 31, 2014, the company reported impairment charge of $18.9 million. For the remainder of 2015, the company expects to see the benefit of increased sales, incremental profit improvement driven by last year's strategic initiatives that focused on structural changes, cross-selling opportunities, new products and cost reduction measures across both operating segments. As a result, the company expects full year 2015 sales and profits to exceed 2014's results. The company anticipates capital expenditures to be approximately $25 to $30 million in 2015.

Myers Industries Inc. to Report Q4, 2014 Results on Feb 25, 2015

Myers Industries Inc. announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Feb 25, 2015

Myers Industries Inc., Q4 2014 Earnings Call, Feb 25, 2015

Myers Industries Inc., Q4 2014 Earnings Call, Feb 25, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MYE:US $18.69 USD -0.44

MYE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Godfreys Group Ltd A$3.54 AUD 0.00
View Industry Companies
 

Industry Analysis

MYE

Industry Average

Valuation MYE Industry Range
Price/Earnings 55.5x
Price/Sales 1.0x
Price/Book 4.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MYERS INDUSTRIES INC, please visit www.myersindustries.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.