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Myers Industries: Attractively Priced But Waiting For All The Stars To Align
Seeking Alpha· 2024-12-28 10:17
Company Overview - Myers Industries operates in the material handling products sector and distributes auto aftermarket tools and equipment [1] - The company consists of various independent subsidiaries and follows an active acquisition strategy [1] Investment Strategy - The focus is on companies that pay healthy dividends while waiting for capital appreciation [1] - The investment approach targets undervalued shares with high potential for capital appreciation driven by foreseeable catalysts [1] - The strategy emphasizes businesses that reward shareholders through both dividends and capital growth [1] Industry Focus - The analyst has a professional background in the HVAC industry, which influences their coverage of related stocks [1]
Myers Industries(MYE) - 2024 Q3 - Earnings Call Transcript
2024-11-05 02:46
Myers Industries, Inc. (NYSE:MYE) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Meghan Beringer - Senior Director, Investor Relations Dave Basque - Interim Chief Executive Officer Grant Fitz - Executive Vice President and CFO Conference Call Participants Christian Zyla - KeyCorp William Dezellem - Tieton Capital Management Nick Toor - BlackRoot Capital Operator Hello, and welcome to the Myers Industries Q3 2024 Earnings Call. My name is Elliot, and I'll be coordinating yo ...
Myers Industries(MYE) - 2024 Q3 - Earnings Call Presentation
2024-11-05 02:42
TM mvers INDUSTRIES 2024 Third Quarter Results November 4, 2024 Safe Harbor Statement & Non-GAAP Measures Statements in this presentation contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company's financial outlook, future plans, objectives, business prospects and anticipated financial performance. Forward-looking statements can be identified by words such as "will," "believ ...
Myers Industries(MYE) - 2024 Q3 - Quarterly Report
2024-11-04 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of Each Class Trading Symbol Name of Exchange on Which Registered Common Stock, without par value MYE New York Stock Exchange Form 10-Q ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-085 ...
Myers Industries(MYE) - 2024 Q3 - Quarterly Results
2024-11-04 21:05
Exhibit 99.1 Myers Industries Announces Third Quarter 2024 Results 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 November 4, 2024, Akron, Ohio - Myers Industries Inc. (NYSE: MYE), a leading m ...
Myers Industries(MYE) - 2024 Q2 - Earnings Call Presentation
2024-08-04 18:08
TM mvers INDUSTRIES 2024 Second Quarter Results August 1, 2024 Safe Harbor Statement & Non-GAAP Measures Statements in this presentation contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company's financial outlook, future plans, objectives, business prospects and anticipated financial performance. Forward-looking statements can be identified by words such as "will," "believe ...
Myers Industries(MYE) - 2024 Q2 - Earnings Call Transcript
2024-08-04 18:08
Myers Industries Inc. (NYSE:MYE) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Meghan Beringer - IR Michael McGaugh - CEO Grant Fitz - CFO Conference Call Participants Jacob Mal - KeyBanc Anna Jolly - Gabelli & Company William Dezellem - Tieton Capital Management Operator Ladies and gentlemen, welcome to the Myers Industries, Q2 2024 Earnings Call. My name is Kenneth, and I'll be coordinating your call today. [Operator Instructions]. I would now hand you over to host Meghan ...
Myers Industries(MYE) - 2024 Q2 - Quarterly Report
2024-08-01 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | |------------------------------------------|-----------------------------------------------------------| | For the transition period | from to | | Commission File | Number 001-08524 | | M ...
Myers Industries(MYE) - 2024 Q2 - Quarterly Results
2024-08-01 11:02
Exhibit 99.1 1 Myers Industries Announces Second Quarter 2024 Results Strong Signature Systems performance improves second quarter results Actions taken in the second quarter to reduce costs and leverage productivity gains; executing against previously communicated target of $7M-$9M in annualized cost savings by 2025 Full-year guidance lowered to $1.05 - $1.20 for adjusted earnings per share, primarily due to continued demand pressure in Recreational Vehicle, Marine, and Automotive Aftermarket end markets A ...
Myers Industries(MYE) - 2024 Q1 - Earnings Call Transcript
2024-05-07 20:47
Company Participants Christian Zyla - KeyBanc Anna Jolly - Gabelli Anna Jolly with Gabelli William Dezellem - Tieton Capital Management Myers Industries Inc. (NYSE:MYE) Q1 2024 Results Conference Call May 7, 2024 8:30 AM ET Conference Call Participants Thank you, Elliot. Good morning, everyone and thank for you joining MyerÂ's conference call to review 2024 first quarter results. I'm Meghan Beringer, Senior Director of Investor Relations at Myers Industries. Joining me today is Mike McGaugh, our President a ...