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What follows are articles that might help relate to what happened in early October, 2018, when a stock share price meltdown occurred.

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Similar Companies Performance:

Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

MYERS INDUSTRIES INC  (MYE)                 INCOME STATEMENT

Fiscal year ends in December.                        2014-12         2015-12         2016-12         2017-12         2018-12             TTM           

Revenue                                          623,649,024     601,537,984     558,062,016     547,043,008     566,734,976     547,006,976
Cost of revenue                                  462,369,984     423,260,000     393,422,016     389,590,016     387,441,984     370,324,992
Gross profit                                     161,279,008     178,278,000     164,640,000     157,452,992     179,292,992     176,682,000


Operating expenses
Sales, General and administrative                138,660,992     147,416,992     138,598,000     135,503,008     139,335,008     140,632,992
Other operating expenses                                   0               0               0               0      33,331,000      33,331,000
Total operating expenses                         138,660,992     147,416,992     138,598,000     135,503,008     172,666,000     173,964,000

Operating income                                  22,618,000      30,861,000      26,042,000      21,950,000       6,627,000       2,718,000
Interest Expense                                   8,662,000      10,316,000       9,947,000       8,653,000       6,159,000               0
Other income (expense)                               127,000       1,317,000      -8,100,000       2,411,000         921,000      -5,176,000
Income before taxes                               14,083,000      21,862,000       7,995,000      15,708,000       1,389,000      -2,458,000
Provision for income taxes                         5,122,000       7,809,000       6,470,000       4,864,000       3,037,000       2,304,000
Net income from continuing operations              8,961,000      14,053,000       1,525,000      10,844,000      -1,648,000      -4,762,000
Net income from discontinuing ops                -17,642,000       3,709,000        -468,000     -20,733,000      -1,701,000        -663,000
Net income                                        -8,681,000      17,762,000       1,057,000      -9,889,000      -3,349,000      -5,425,000
Net income available to common shareholders       -8,681,000      17,762,000       1,057,000      -9,889,000      -3,349,000      -5,425,000

Earnings per share
Basic                                                  -0.27            0.58            0.03           -0.33           -0.10           -0.22 
Diluted                                                -0.27            0.57            0.03           -0.33           -0.10           -0.22 

Weighted average shares outstanding
Basic                                             32,232,964      30,616,484      29,750,378      30,222,288      33,426,856      35,361,456
Diluted                                           32,704,012      30,943,692      29,967,912      30,562,646      33,426,856      35,361,456

____________________________________________________________________________________________________________________________________________


MYERS INDUSTRIES INC  (MYE)                 BALANCE SHEET

Fiscal year ends in December.                        2014-12         2015-12         2016-12         2017-12         2018-12             

Assets

Current assets

Cash

Total cash                                         4,676,000       7,344,000       7,888,000       2,520,000      58,894,000

Receivables                                       90,664,000      77,633,000      73,818,000      76,650,000      72,939,000
Inventories                                       63,338,000      54,738,000      46,023,000      47,025,000      43,596,000
Deferred income taxes                              2,397,000               0               0               0               0
Prepaid expenses                                   6,591,000       5,966,000       4,787,000       2,204,000       2,534,000
Other current assets                             117,775,000       8,627,000       8,635,000      21,613,000       4,892,000
Total current assets                             285,440,992     154,308,000     141,151,008     150,012,000     182,855,008

Non-current assets

Property, plant and equipment
Gross property, plant and equipment              401,904,992     415,756,000     394,088,000     328,424,992     314,623,008
Accumulated Depreciation                        -265,139,008    -284,983,008    -282,606,016    -244,520,992    -249,163,008
Net property, plant and equipment                136,766,000     130,773,000     111,482,000      83,904,000      65,460,000

Goodwill                                          66,639,000      64,035,000      59,219,000      59,971,000      59,068,000
Intangible assets                                 72,235,000      58,530,000      47,994,000      39,049,000      30,280,000
Deferred income taxes                                      0         840,000         216,000         120,000       5,270,000
Other long-term assets                             3,752,000      21,430,000      21,622,000      22,886,000       5,712,000
Total non-current assets                         279,392,000     275,608,000     240,532,992     205,930,000     165,790,000

Total assets                                     564,833,024     429,916,000     381,684,000     355,942,016     348,644,992 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Accounts payable                                  77,320,000      71,310,000      48,988,000      63,581,000      60,849,000
Taxes payable                                      5,026,000       1,733,000       2,178,000       1,664,000       1,403,000
Accrued liabilities                               14,521,000      12,396,000       9,337,000       8,962,000       8,786,000
Deferred revenues                                 10,591,000       9,351,000       2,688,000       3,102,000       3,365,000
Other current liabilities                         46,356,000      22,022,000      16,121,000      21,344,000      23,020,000
Total current liabilities                        153,814,000     116,812,000      79,312,000      98,653,000      97,423,000

Non-current liabilities
Long-term debt                                   236,428,992     193,006,000     189,522,000     151,036,000      76,790,000
Deferred taxes liabilities                        14,281,000      10,041,000      10,582,000       4,265,000               0
Deferred revenues                                          0               0               0               0       1,237,000
Pensions and other benefits                                0               0               0               0       1,207,000
Other long-term liabilities                       13,738,000      12,354,000       9,235,000       8,236,000      17,350,000
Total non-current liabilities                    264,448,000     215,400,992     209,339,008     163,536,992      96,584,000

Total liabilities                                418,262,016     332,212,992     288,651,008     262,190,000     194,007,008 

Stockholders' equity

Additional paid-in capital                       237,248,992     214,638,000     220,267,008     227,800,000     314,104,992
Retained earnings                                -78,990,000     -77,825,000     -93,060,000    -119,507,000    -141,187,008
Accumulated other comprehensive income           -11,688,000     -39,110,000     -34,174,000     -14,541,000     -18,280,000
Total stockholders' equity                       146,571,008      97,703,000      93,033,000      93,752,000     154,638,000
Total liabilities and stockholders' equity       564,833,024     429,916,000     381,684,000     355,942,016     348,644,992

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MYERS INDUSTRIES INC  (MYE)                 Statement of CASH FLOW

Fiscal year ends in December. USD.                   2014-12         2015-12         2016-12         2017-12         2018-12             TTM           

Cash Flows From Operating Activities
Net income                                         8,961,000      14,053,000       1,525,000      10,844,000      -1,648,000      -4,762,000
Depreciation & amortization                       31,172,000      34,979,000      34,465,000      28,838,000      26,123,000      24,863,000
Investment/asset impairment charges                        0               0       9,874,000         544,000         308,000         916,000
Deferred income taxes                             -3,344,000        -353,000        -243,000      -5,663,000      -9,450,000               0
Stock based compensation                           1,822,000       3,631,000       1,563,000       2,616,000       3,008,000       3,759,000
Change in working capital                         12,243,000      -3,764,000     -12,205,000      11,875,000       8,438,000      -3,929,000
Accounts receivable                                2,710,000       3,499,000       4,311,000      -6,757,000       4,927,000      -4,235,000
Inventory                                          2,377,000       5,271,000       9,720,000      -1,876,000       3,151,000       7,055,000
Prepaid expenses                                    -966,000         573,000       1,083,000       2,209,000        -353,000        -587,000
Other working capital                              8,122,000     -13,107,000     -27,319,000      18,299,000         713,000      -6,162,000
Other non-cash items                             -12,159,000     -10,814,000      -1,258,000      -4,615,000      34,473,000      35,671,000
Net cash provided by operating activities         38,695,000      37,732,000      33,721,000      44,439,000      61,252,000      56,518,000

Cash Flows From Investing Activities
Investments in property, plant, and equipmen     -24,170,000     -23,727,000     -12,523,000      -5,814,000      -5,123,000      -7,211,000
Property, plant, and equipment reductions            566,000       1,261,000         468,000      11,058,000       2,633,000       7,514,000
Acquisitions, net                               -156,620,000      70,762,000      -4,034,000               0               0               0
Other investing activities                        11,626,000        -581,000               0      -1,107,000               0               0
Net cash used for investing activities          -168,598,000      47,715,000     -16,089,000       4,137,000      -2,490,000         303,000

Cash Flows From Financing Activities
Debt issued                                      195,492,992               0               0               0               0               0
Debt repayment                                             0     -37,110,000      -3,804,000     -40,272,000     -74,557,000      -2,066,000
Common stock issued                                2,926,000       2,924,000       3,374,000       4,527,000      82,375,000       2,343,000
Common stock repurchased                         -54,897,000     -30,023,000               0               0               0               0
Excess tax benefit from stock based compe                  0               0          64,000               0               0               0
Dividend paid                                    -15,707,000     -16,675,000     -16,221,000     -16,341,000     -17,862,000     -19,308,000
Other financing activities                          -951,000        -937,000      -1,166,000      -1,650,000        -714,000      -1,321,000
Net cash provided by (used for) financing        126,864,000     -81,821,000     -17,753,000     -53,736,000     -10,758,000     -20,352,000

Effect of exchange rate changes                    1,176,000        -958,000         665,000        -208,000        -289,000        -204,000
Net change in cash                                -1,863,000       2,668,000         544,000      -5,368,000      47,715,000      36,265,000
Cash at beginning of period                        6,539,000       4,676,000       7,344,000       2,404,000      11,179,000      38,940,000
Cash at end of period                              4,676,000       7,344,000       7,888,000      -2,964,000      58,894,000      75,205,000

Free Cash Flow
Operating cash flow                               38,695,000      37,732,000      33,721,000      44,439,000      61,252,000      56,518,000
Capital expenditure                              -24,170,000     -23,727,000     -12,523,000      -5,814,000      -5,123,000      -7,211,000
Free cash flow                                    14,525,000      14,005,000      21,198,000      38,625,000      56,129,000      49,307,000
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. . . . . . . . . . . . Lowest to Highest, Compared to Industry

Intrinsic Value by Discounted Cash Flow Method:

Fair Value Estimate:

Institutional Orders to Buy or Sell:

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.

2 Days:

2 out of 11 favorable, (negative opinion.)

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"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

2 out of 3 of the ultimate systems favor an upmove.

System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.

Place 1,920 shares of Myers Industries, Inc. (MYE) on the Active List.