WallStreetZenWallStreetZen

NYSE: MYE
Myers Industries Inc Stock Forecast, Predictions & Price Target

Analyst price target for MYE

Based on 1 analyst offering 12 month price targets for Myers Industries Inc.
Min Forecast
$30.00+39.08%
Avg Forecast
$30.00+39.08%
Max Forecast
$30.00+39.08%

Should I buy or sell MYE stock?

Based on 1 analyst offering ratings for Myers Industries Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MYE stock forecasts and price targets.

MYE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-22Find Out Why

1 of 1

Forecast return on equity

Is MYE forecast to generate an efficient return?

Forecast return on assets

Is MYE forecast to generate an efficient return on assets?

MYE revenue forecast

What is MYE's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$771.4M-5.12%
Avg 2 year Forecast
$798.1M-1.84%
MYE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MYE revenue growth forecast

How is MYE forecast to perform vs Packaging & Containers companies and vs the US market?
Company
-5.12%
Industry
-1%
Market
13.2%
MYE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MYE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MYE vs Packaging & Container Stocks

TickerPricePrice TargetUp/downsideConsensus
MYE$21.57$30.00+39.08%Strong Buy
PACK$7.19$8.50+18.22%Buy
KRT$26.83$32.50+21.13%Strong Buy
TRS$26.06N/AN/A
TUP$0.93N/AN/A

Myers Industries Stock Forecast FAQ

Is Myers Industries Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: MYE) stock is to Strong Buy MYE stock.

Out of 1 analyst, 1 (100%) are recommending MYE as a Strong Buy, 0 (0%) are recommending MYE as a Buy, 0 (0%) are recommending MYE as a Hold, 0 (0%) are recommending MYE as a Sell, and 0 (0%) are recommending MYE as a Strong Sell.

If you're new to stock investing, here's how to buy Myers Industries stock.

What is MYE's revenue growth forecast for 2024-2025?

(NYSE: MYE) Myers Industries's forecast annual revenue growth rate of -5.12% is not forecast to beat the US Packaging & Containers industry's average forecast revenue growth rate of -1%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.2%.

Myers Industries's revenue in 2024 is $813,067,000.On average, 1 Wall Street analysts forecast MYE's revenue for 2024 to be $28,439,878,004, with the lowest MYE revenue forecast at $28,439,878,004, and the highest MYE revenue forecast at $28,439,878,004.

In 2025, MYE is forecast to generate $29,424,250,239 in revenue, with the lowest revenue forecast at $29,424,250,239 and the highest revenue forecast at $29,424,250,239.

What is MYE's forecast return on assets (ROA) for 2024-2025?

(NYSE: MYE) forecast ROA is N/A, which is lower than the forecast US Packaging & Containers industry average of 3.45%.

What is MYE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MYE price target, the average MYE price target is $30.00, with the highest MYE stock price forecast at $30.00 and the lowest MYE stock price forecast at $30.00.

The Wall Street analyst predicted that Myers Industries's share price could reach $30.00 by Mar 22, 2025. The average Myers Industries stock price prediction forecasts a potential upside of 39.08% from the current MYE share price of $21.57.

What is MYE's forecast return on equity (ROE) for 2024-2025?

(NYSE: MYE) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.