Myers Industries Sees FY24 Adj EPS of $1.30 - $1.45 Vs. $1.2 Est.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 3/2/2023 | $28.50 → $23.75 | Outperform → Market Perform | TD Cowen |
| 8/24/2021 | $25.00 → $27.00 | Overweight | Keybanc |
4 - MYERS INDUSTRIES INC (0000069488) (Issuer)
Dave Basque, Vice President of Special Projects and Former Vice President in Myers' Material Handling Segment, Named Interim President and CEO Board Has Initiated a Search for a New CEO Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry, today announced a leadership transition to support the continued transformation of the Company. The Board of Directors has appointed Dave Basque, Myers Industries' Vice President, Special Projects, to the additional role of Interim President and CEO, replacing Mike McGaugh, effective immediately. Dave Basque will serve in that role un
Brings More Than 30 Years of Significant Financial and Operational Experience Myers Industries, Inc. (NYSE:MYE), today announced the appointment of Grant E. Fitz to the position of Executive Vice President and Chief Financial Officer (CFO), effective May 8, 2023. As CFO, Mr. Fitz will lead Myers' entire finance organization and financial activities including accounting and controllership, financial planning and analysis, tax, investor relations, and treasury. "Grant's proven track record as a leader who can drive profitable growth and execute transformational strategies made him a natural choice to serve as Myers' Chief Financial Officer," said Mike McGaugh, Myers Industries' President
AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE), a manufacturer of polymer products and distributor for the tire, wheel and under-vehicle service industry, today announced the appointment of Paul Johnson as Myers’ Business Vice President, Distribution Segment. Johnson will be responsible for leading Myers’ growing Distribution segment and will assume the role on March 15, 2021. “I am pleased to welcome Paul Johnson to Myers Industries. Paul has over 30 years of experience in the auto and automotive aftermarket industries. Paul’s deep understanding of the automotive distribution market will be critical to the success of the Distribution Segment,” said Mike McGaugh
10-Q - MYERS INDUSTRIES INC (0000069488) (Filer)
8-K - MYERS INDUSTRIES INC (0000069488) (Filer)
8-K - MYERS INDUSTRIES INC (0000069488) (Filer)
Improved gross margins and adjusted EBITDA driven by strong performance of Signature Systems Ongoing demand headwinds within certain end markets expected for the remainder of 2024 Continued focus on cost reduction; additional $15 million of annualized run rate cost savings targeted by 2025 Full-year guidance revised to $0.92 - $1.02 for adjusted earnings per share Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for tire, wheel, and under vehicle service industry, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net sales of $205.1 million compared with
Myers Tire Supply—the nation's largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry—will feature live demonstrations of its innovative, all-digital MTS Xpress platform each day of the 2024 SEMA Show. Visit Myers Tire Supply (booth #43087, Lower South Hall) at SEMA, Nov. 5-8 at the Las Vegas Convention Center. Launched in 2023, MTS Xpress is the only mobile app-based system of its kind in the under-vehicle service industry. With MTS Xpress, users gain the power to: Consolidate suppliers, streamlining inventory management and enhancing order accuracy, Control inventory levels across the organization, and Cash in by reducing labor
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
SC 13G/A - MYERS INDUSTRIES INC (0000069488) (Subject)
SC 13G/A - MYERS INDUSTRIES INC (0000069488) (Subject)
SC 13G/A - MYERS INDUSTRIES INC (0000069488) (Subject)
KeyBanc Capital Markets downgraded Myers Industries from Overweight to Sector Weight
TD Cowen downgraded Myers Industries from Outperform to Market Perform and set a new price target of $23.75 from $28.50 previously
Keybanc reiterated coverage of Myers Industries with a rating of Overweight and set a new price target of $27.00 from $25.00 previously
3 - MYERS INDUSTRIES INC (0000069488) (Issuer)
4 - MYERS INDUSTRIES INC (0000069488) (Issuer)
4 - MYERS INDUSTRIES INC (0000069488) (Issuer)
Myers Indus's (NYSE:MYE) short percent of float has risen 24.88% since its last report. The company recently reported that it has 692 thousand shares sold short, which is 2.71% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.49 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
-S-3
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
Improved gross margins and adjusted EBITDA driven by strong performance of Signature Systems Ongoing demand headwinds within certain end markets expected for the remainder of 2024 Continued focus on cost reduction; additional $15 million of annualized run rate cost savings targeted by 2025 Full-year guidance revised to $0.92 - $1.02 for adjusted earnings per share Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for tire, wheel, and under vehicle service industry, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Net sales of $205.1 million compared with
Myers Industries, Inc. (NYSE:MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on January 3, 2025, to shareholders of record as of December 3, 2024. About Myers Industries Myers Industries, Inc. is a leading manufacturer of a wide range of polymer and metal products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the U.S. Visit www.myersindustries.com to learn more. M-INV View source version on businesswire.com: https://www.businesswire.com/news/home/202410250254
Myers Industries, Inc. (NYSE:MYE) today announced that it will report financial results for the third quarter of 2024 on Monday, November 4, 2024, after market close. The Company will host a conference call the same day at 4:30 p.m. Eastern Time to review its performance. Investors and analysts may access the call by registering with the following participation link: https://www.netroadshow.com/events/login?show=2acccce1&confId=72128. Upon registering, each participant will receive call details and a registrant ID. Reminders will be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast. To access the live webcast, visit the Compa