Are Analysts Missing the Boat On Phoenix New Media Limited (FENG), Myers Industries, Inc. (MYE)?

2 analysts out of 2 Wall Street brokerage firms rate Phoenix New Media Limited (NYSE:FENG) as a Buy, while 0 see it as a Sell. The rest 0 describe it as a Hold. FENG stock traded higher to an intra-day high of $4.75. At one point in session, its potential discontinued and the price was down to lows at $4.54. Analysts have set FENG’s consensus price at $5.97, effectively giving it a 28.39% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $10 (up 115.05% from current price levels). FENG has a -0.5% ROE, lower than the 11.2% average for the industry. The average ROE for the sector is 13.31%.

Phoenix New Media Limited (FENG) currently trades at $4.65, which is lower by -2.11% its previous price. It has a total of 73.79 million outstanding shares, with an ATR of around 0.25. The company’s stock volume dropped to 0.24 million, worse than 209.94 thousands that represents its 50-day average. A 5-day decrease of about -3.93% in its price means FENG is now 45.31% higher on year-to-date. The shares have surrendered $43450.35 since its $6.00 52-week high price recorded on 12th of March 2018. Overall, it has seen a growth rate of -11.76 over the last 12 months. The current price per share is $1.82 above the 52 week low of $2.83 set on 21st of December 2018.

Phoenix New Media Limited (NYSE:FENG)’s EPS was $-0.25 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.48. That means that its growth in general now stands at -152%. Therefore, a prediction of $0.3 given by the analysts brought a negative surprise of -183%. FENG Sep 19 quarter revenue was $328.69 million, compared to $425.56 million recorded in same quarter last year, giving it a -23% growth rate. The company’s $-96.87 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Myers Industries, Inc. (NYSE:MYE) shares depreciated -1.95% over the last trading period, taking overall 5-day performance up to 7.15%. MYE’s price now at $18.58 is greater than the 50-day average of $16.44. Getting the trading period increased to 200 days, the stock price was seen at $18.56 on average. The general public currently hold control of a total of 35.02 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 35.23 million. The company’s management holds a total of 0.4%, while institutional investors hold about 90.5% of the remaining shares. MYE share price finished last trade 6.57% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 0.09%, while closing the session with 13.49% distance from 50 day simple moving average.

Myers Industries, Inc. (MYE) shares were last observed trading -27.7% down since September 21, 2018 when the peak of $25.7 was hit. Last month’s price growth of 12.88% puts MYE performance for the year now at 22.96%. Consequently, the shares price is trending higher by 30.48%, a 52-week worst price since Dec. 26, 2018. However, it is losing value with -16.49% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $18.23 and $18.41. The immediate resistance area is now $18.9 Williams’s %R (14) for MYE moved to 30.47 while the stochastic %K points at 83.25.

MYE’s beta is 1.69; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $-0.05 per share from its yearly profit to its outstanding shares. Its last reported revenue is $138.39 million, which was -1% versus $140.11 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.13 compared to $0.09 in the year-ago quarter and had represented 44% year-over-year earnings per share growth. MYE’s ROA is 0.1%, lower than the 2.68% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.43%.

Estimated quarterly earnings for Myers Industries, Inc. (NYSE:MYE) are around $0.2 per share in three months through March with $0.26 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -16.67% and -3.7%, respectively. Analysts estimate full-year growth to be 5.26%, the target being $0.8 a share. The upcoming year will see an increase in growth by percentage to 13.75%, more likely to see it hit the $0.91 per share. The firm’s current profit margin over the past 12 months is 0.1%. MYE ranks lower in comparison to an average of 3.01% for industry peers; while the average for the sector is 7.37%.