Myers Industries Revenue vs. Shares Owned By Institutions
MYE Stock | USD 11.60 0.15 1.31% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 220.2 M | Current Value 205.1 M | Quarterly Volatility 65 M |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Gross Profit Margin | 0.34 | 0.3187 |
|
| |||||
Operating Profit Margin | 0.0785 | 0.0891 |
|
| |||||
Pretax Profit Margin | 0.0667 | 0.0812 |
|
|
For Myers Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Myers Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Myers Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Myers Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Myers Industries over time as well as its relative position and ranking within its peers.
Myers |
Myers Industries' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share 22.234 | Quarterly Revenue Growth 0.037 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Myers Industries Shares Owned By Institutions vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Myers Industries's current stock value. Our valuation model uses many indicators to compare Myers Industries value to that of its competitors to determine the firm's financial worth. Myers Industries is rated below average in revenue category among its peers. It is rated below average in shares owned by institutions category among its peers . The ratio of Revenue to Shares Owned By Institutions for Myers Industries is about 8,722,959 . At present, Myers Industries' Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Myers Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Myers Revenue vs. Competition
Myers Industries is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 70.87 Billion. Myers Industries claims roughly 813.07 Million in revenue contributing just under 2% to all equities under Materials industry.
Myers Shares Owned By Institutions vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Myers Industries |
| = | 813.07 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Myers Industries |
| = | 93.21 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Myers Shares Owned By Institutions Comparison
Myers Industries is currently under evaluation in shares owned by institutions category among its peers.
Myers Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Myers Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Myers Industries will eventually generate negative long term returns. The profitability progress is the general direction of Myers Industries' change in net profit over the period of time. It can combine multiple indicators of Myers Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | -16.8 M | -17.7 M | |
Operating Income | 72.4 M | 76 M | |
Income Before Tax | 66.1 M | 69.4 M | |
Total Other Income Expense Net | -6.3 M | -6.7 M | |
Net Income | 48.9 M | 51.3 M | |
Income Tax Expense | 17.2 M | 11.2 M | |
Net Income Applicable To Common Shares | 69.3 M | 72.8 M | |
Net Income From Continuing Ops | 49.8 M | 27 M | |
Interest Income | 5.2 M | 5.4 M | |
Net Interest Income | -6.6 M | -7 M | |
Non Operating Income Net Other | -1.7 M | -1.8 M | |
Change To Netincome | 11.9 M | 12.5 M | |
Net Income Per Share | 1.33 | 1.40 | |
Income Quality | 1.76 | 1.99 | |
Net Income Per E B T | 0.74 | 0.47 |
Myers Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Myers Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Myers Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Myers Industries' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Myers Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
All Next | Launch Module |
Use Investing Themes to Complement your Myers Industries position
In addition to having Myers Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Global Macro ETFs Thematic Idea Now
Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Global Macro ETFs Theme or any other thematic opportunities.
View All Next | Launch |
Check out Correlation Analysis. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
To fully project Myers Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Myers Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Myers Industries' income statement, its balance sheet, and the statement of cash flows.