Wall Street Zen downgrades Myers Industries stock from Strong Buy to Buy
Published on 10/20/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWall Street Zen changes rating
- Wall Street Zen downgraded Myers Industries from Strong Buy to Buy on October 20, 2026.
- Second-quarter revenue reached USD 179.20 million against USD 166.00 million consensus.
- Myers Industries stock costs EUR 28.60 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST.
- Myers Industries is scheduled to report results on October 29, 2026.
Wall Street Zen downgraded Myers Industries from Strong Buy to Buy in a research note issued on October 20, 2026, according to MarketBeat. The change leaves the rating below the earlier recommendation, while the latest operating figures remain stronger than consensus. Myers Industries was trading at EUR 28.60 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST.
Second-quarter results beat estimates
Myers Industries reported USD 179.20 million in second-quarter 2026 revenue against a USD 166.00 million consensus estimate. Diluted earnings per share reached USD 0.53, exceeding the USD 0.36 consensus by USD 0.17, according to MarketBeat. The figures relate to the quarter reported on July 30, 2026.
Stock remains below its yearly high
On the NYSE, Myers Industries was trading at USD 32.14 at 12:48 p.m. ET on October 20, 2026, versus USD 31.52 at the prior close. MarketBeat lists a 52-week range of USD 16.26 to USD 37.45, placing the stock below the upper end of that span. The company has a market capitalization of USD 1.2 billion.
Valuation and next reporting date
The finance figures show a price-to-earnings ratio of 23.12 and trailing earnings per share of USD 1.32 on October 20, 2026. Myers Industries is scheduled to report its next results on October 29, 2026, a date listed by Yahoo Finance. The company operates in packaging and containers and serves industrial, automotive, agricultural and consumer markets.
What the rating change leaves investors weighing
The immediate contrast is clear: the analyst action moved from Strong Buy to Buy, while second-quarter revenue exceeded consensus by USD 13.20 million and diluted earnings per share exceeded expectations by USD 0.17. That combination puts the next report on October 29, 2026 alongside the question of whether the recent operating improvement can persist.
Myers Industries stock price
Myers Industries stock was trading at EUR 28.60 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST. The NYSE quotation was USD 32.14 at 12:48 p.m. ET on the same date.
The further course of trading is shown by the continuously updated real-time quote of Myers Industries stock.
Myers Industries stock at a glance
- Company: Myers Industries, Inc.
- ISIN: US6284641098
- Ticker: MYE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 6:40 p.m. CEST): EUR 28.60
- Market capitalization: USD 1.2 billion (as of October 20, 2026)
- 52-week range: USD 16.26-37.45 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Packaging and Containers
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
