Analyzing Myers Industries (NYSE:MYE) and CCL Industries (OTCMKTS:CCDBF)

Myers Industries (NYSE:MYE – Get Free Report) and CCL Industries (OTCMKTS:CCDBF – Get Free Report) are both materials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.

Dividends

Myers Industries pays an annual dividend of $0.54 per share and has a dividend yield of 1.9%. CCL Industries pays an annual dividend of $1.04 per share and has a dividend yield of 1.5%. Myers Industries pays out 71.1% of its earnings in the form of a dividend. CCL Industries pays out 40.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Insider and Institutional Ownership

90.8% of Myers Industries shares are owned by institutional investors. 1.9% of Myers Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Myers Industries and CCL Industries”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Myers Industries $825.74 million 1.29 $34.93 million $0.76 37.20
CCL Industries $5.48 billion 1.98 $574.28 million $2.59 27.09

CCL Industries has higher revenue and earnings than Myers Industries. CCL Industries is trading at a lower price-to-earnings ratio than Myers Industries, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Myers Industries and CCL Industries’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Myers Industries 3.99% 20.34% 7.30%
CCL Industries 10.27% 14.75% 7.89%

Analyst Recommendations

This is a summary of current recommendations for Myers Industries and CCL Industries, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Myers Industries 0 1 2 0 2.67
CCL Industries 0 1 4 0 2.80

Myers Industries presently has a consensus target price of $37.00, suggesting a potential upside of 30.89%. Given Myers Industries’ higher probable upside, research analysts clearly believe Myers Industries is more favorable than CCL Industries.

Summary

CCL Industries beats Myers Industries on 9 of the 15 factors compared between the two stocks.

About Myers Industries

(Get Free Report)

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, Trilogy Plastics, and Signature Systems brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. Myers Industries, Inc. was founded in 1933 and is headquartered in Akron, Ohio.

About CCL Industries

(Get Free Report)

CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets. The Avery segment supplies labels, specialty converted media, and software solutions to enable short-run digital printing in businesses and homes alongside complementary products sold through distributors, mass-market stores, and e-commerce retailers. The Checkpoint segment engages in developing radio frequency and radio frequency identification-based technology systems for loss prevention and inventory management applications, including labeling and tagging solutions for the retail and apparel industries. The Innovia segment supplies biaxially oriented polypropylene films to customers in the pressure sensitive label materials, flexible packaging, and consumer packaged goods industries. The company operates in Canada, the United States, Puerto Rico, Mexico, Brazil, Chile, Argentina, Europe, Asia, Australia, Africa, and New Zealand. CCL Industries Inc. was founded in 1951 and is headquartered in Toronto, Canada.

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