Myers Industries (MYE)

• Market cap: $425M
• 1 day: -1.72%
• 5 days: -6.71%
• 1 month: -2.56%
• 3 months: -19.77%
• 6 months: -20.61%
• Year to date: -41.93%
• 1 year: -42.01%
• 5 years: -33.53%
• 10 years: -32.22%
• Sector: Materials
• Industry: Plastics Products

About: Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment, which designs manufactures, and markets a variety of plastic and metal products. The Distribution segment offers tools, equipment, and supplies used for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles. It generates the majority of its revenue from the Material Handling segment.

Employees: 2,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

43% more call options, than puts

Call options by funds: $33K | Put options by funds: $23K

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

5% more funds holding

Funds holding: 164 [Q2] → 173 (+9) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 57

1% more capital invested

Capital invested by funds: $463M [Q2] → $468M (+$4.91M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

2.09% less ownership

Funds ownership: 93.07% [Q2] → 90.98% (-2.09%) [Q3]