Scotiabank Has Bearish Outlook for Methanex FY2026 Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Stock analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Methanex in a note issued to investors on Friday, January 23rd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $6.18 for the year, down from their prior estimate of $6.26. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.

Separately, Raymond James Financial lowered shares of Methanex from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$50.00.

Methanex Stock Up 1.5%

MX opened at C$67.11 on Monday. Methanex has a fifty-two week low of C$36.10 and a fifty-two week high of C$78.18. The company’s 50-day moving average is C$56.01 and its 200 day moving average is C$52.08. The company has a debt-to-equity ratio of 148.53, a current ratio of 1.34 and a quick ratio of 1.59. The firm has a market capitalization of C$5.19 billion, a P/E ratio of 22.52, a PEG ratio of 0.44 and a beta of 1.25.

Methanex (TSE:MX) (NASDAQ:MEOH) last released its quarterly earnings data on Wednesday, October 29th. The company reported C($0.09) earnings per share (EPS) for the quarter. Methanex had a return on equity of 7.70% and a net margin of 4.13%.The company had revenue of C$1.29 billion for the quarter.

Methanex Company Profile

Methanex Corp manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines.