Michael McGaugh - Myers Industries President, Chief Executive Officer, Director

MYE Stock  USD 11.60  0.15  1.31%   

CEO

Michael McGaugh is President, Chief Executive Officer, Director of Myers Industries since 2020.
Age 50
Tenure 4 years
Address 1293 South Main Street, Akron, OH, United States, 44301
Phone330 253 5592
Webhttps://www.myersindustries.com

Michael McGaugh Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael McGaugh against Myers Industries stock is an integral part of due diligence when investing in Myers Industries. Michael McGaugh insider activity provides valuable insight into whether Myers Industries is net buyers or sellers over its current business cycle. Note, Myers Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Myers Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Myers Industries Management Efficiency

The company has Return on Asset of 0.0547 % which means that on every $100 spent on assets, it made $0.0547 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0554 %, implying that it generated $0.0554 on every 100 dollars invested. Myers Industries' management efficiency ratios could be used to measure how well Myers Industries manages its routine affairs as well as how well it operates its assets and liabilities. At present, Myers Industries' Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 309.6 M, whereas Non Current Assets Total are forecasted to decline to about 244.1 M.
Myers Industries has 95.49 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Myers Industries has a current ratio of 1.69, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Myers to invest in growth at high rates of return.

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Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company was founded in 1933 and is headquartered in Akron, Ohio. Myers Industries operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 2725 people. Myers Industries (MYE) is traded on New York Stock Exchange in USA. It is located in 1293 South Main Street, Akron, OH, United States, 44301 and employs 2,500 people. Myers Industries is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification.

Management Performance

Myers Industries Leadership Team

Elected by the shareholders, the Myers Industries' board of directors comprises two types of representatives: Myers Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Myers. The board's role is to monitor Myers Industries' management team and ensure that shareholders' interests are well served. Myers Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Myers Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Baker, Vice President - Shared Services
Sarah Coffin, Independent Director
Sonal Robinson, Chief Financial Officer, Executive Vice President
Andrean Horton, Interim President, Chief Executive Officer, Executive Vice President, Secretary
F Liebau, Chairman, Non-Executive Independent Director
Bruce Lisman, Independent Director
Lorelei Evans, Vice President of Human Resources
Kevin McElgunn, VP Development
Ronald Feo, Independent Director
Yvette Bright, Independent Director
Michael Valentino, Group Handling
Meghan Beringer, Senior Relations
Grant Fitz, Executive CFO
James Gurnee, Vice President - Sales, Marketing and Commercial Excellence
Robert Stefanko, Independent Director
Paul Johnson, Vice President - Distribution Segment
Jane Scaccetti, Independent Director
Thomas Harmon, Chief Human Resource Officer, Vice President
Flavia Pachi, VP Treasurer
Michael McGaugh, President, Chief Executive Officer, Director
David Basque, Pres Integration
Sue Rilley, Senior Secretary
William Foley, Independent Director
Daniel Hoehn, Interim Chief Financial Officer
Kevin Brackman, Chief Financial Officer, Executive Vice President
Lori Lutey, Independent Director
Jeffrey Kramer, Independent Director
Monica Vinay, VP of Investor Relations and Treasurer

Myers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Myers Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.