
Methanex Corporation (NASDAQ:MEOH – Free Report) (TSE:MX) – Equities research analysts at Scotiabank issued their Q4 2025 earnings estimates for Methanex in a note issued to investors on Wednesday, January 21st. Scotiabank analyst B. Isaacson anticipates that the specialty chemicals company will post earnings of $0.89 per share for the quarter. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $4.32 per share.
MEOH has been the topic of a number of other research reports. Royal Bank Of Canada set a $50.00 price target on shares of Methanex and gave the company an “outperform” rating in a report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Methanex in a research note on Monday, December 29th. CIBC reissued an “outperform” rating on shares of Methanex in a research report on Monday, November 17th. UBS Group raised their price target on shares of Methanex from $48.00 to $53.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, Zacks Research cut shares of Methanex from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.
Methanex Stock Performance
Shares of MEOH stock opened at $49.03 on Friday. The firm has a fifty day moving average price of $40.44 and a 200 day moving average price of $37.55. The company has a current ratio of 2.09, a quick ratio of 1.33 and a debt-to-equity ratio of 0.97. Methanex has a 12 month low of $25.46 and a 12 month high of $54.49. The company has a market cap of $3.79 billion, a P/E ratio of 16.62 and a beta of 0.73.
Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last announced its quarterly earnings data on Wednesday, October 29th. The specialty chemicals company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.45). The firm had revenue of $924.87 million during the quarter, compared to analysts’ expectations of $977.82 million. Methanex had a net margin of 5.97% and a return on equity of 9.07%. The company’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.21 earnings per share.
Hedge Funds Weigh In On Methanex
A number of institutional investors and hedge funds have recently added to or reduced their stakes in MEOH. Scheer Rowlett & Associates Investment Management Ltd. lifted its holdings in Methanex by 75.4% during the 2nd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 794,279 shares of the specialty chemicals company’s stock worth $26,352,000 after buying an additional 341,336 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its stake in Methanex by 37.6% during the second quarter. Dynamic Technology Lab Private Ltd now owns 27,510 shares of the specialty chemicals company’s stock worth $911,000 after purchasing an additional 7,510 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. lifted its stake in Methanex by 66.4% during the second quarter. Dixon Mitchell Investment Counsel Inc. now owns 2,041,412 shares of the specialty chemicals company’s stock worth $67,577,000 after purchasing an additional 814,877 shares during the last quarter. PCJ Investment Counsel Ltd. acquired a new position in Methanex in the second quarter worth $3,982,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Methanex by 397.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 374,123 shares of the specialty chemicals company’s stock worth $12,394,000 after purchasing an additional 298,917 shares during the period. 73.49% of the stock is owned by hedge funds and other institutional investors.
Methanex Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th were issued a $0.185 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.74 dividend on an annualized basis and a yield of 1.5%. Methanex’s payout ratio is currently 25.08%.
About Methanex
Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.
The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).
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