Methanex (NASDAQ:MEOH) Stock Rating Upgraded by Wall Street Zen

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Monday.

Other analysts have also recently issued reports about the stock. Raymond James Financial raised their price target on shares of Methanex from $52.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday, April 16th. Zacks Research cut shares of Methanex from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $69.00 target price on shares of Methanex in a research report on Friday, May 1st. UBS Group increased their price objective on Methanex from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. downgraded shares of Methanex from an “overweight” rating to a “neutral” rating and increased their price target for the stock from $56.00 to $65.00 in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Methanex presently has a consensus rating of “Hold” and a consensus price target of $68.78.

Read Our Latest Stock Analysis on Methanex

Methanex Price Performance

Shares of MEOH stock opened at $54.81 on Monday. The company’s 50-day simple moving average is $55.44 and its two-hundred day simple moving average is $53.66. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.96 and a quick ratio of 1.26. Methanex has a one year low of $32.00 and a one year high of $66.75. The company has a market capitalization of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last issued its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a positive return on equity of 2.96% and a negative net margin of 1.25%.The firm had revenue of $957.42 million during the quarter, compared to analysts’ expectations of $964.76 million. During the same quarter in the prior year, the company posted $1.30 earnings per share. Methanex’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, equities analysts anticipate that Methanex will post 8.27 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MEOH. NewEdge Advisors LLC purchased a new stake in shares of Methanex during the 2nd quarter worth about $50,000. Clearstead Advisors LLC increased its stake in shares of Methanex by 336.2% in the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock valued at $71,000 after purchasing an additional 1,375 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Methanex by 61.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,143 shares of the specialty chemicals company’s stock valued at $85,000 after purchasing an additional 812 shares in the last quarter. AXA S.A. purchased a new position in shares of Methanex in the 2nd quarter valued at about $166,000. Finally, Barclays PLC raised its holdings in Methanex by 115.3% in the 4th quarter. Barclays PLC now owns 4,199 shares of the specialty chemicals company’s stock worth $167,000 after purchasing an additional 2,249 shares during the period. Institutional investors and hedge funds own 73.49% of the company’s stock.

Key Headlines Impacting Methanex

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: Methanex’s board declared a quarterly dividend of US$0.185 per share, signaling confidence in cash flow and providing income support for shareholders. Methanex Corporation – Notice of Cash Dividend
  • Positive Sentiment: Scotiabank slightly raised its FY2027 EPS estimate for Methanex and maintained an Outperform rating with an $80 price target, reinforcing a constructive view on the company’s earnings outlook. Methanex Corporation stock information
  • Positive Sentiment: Recent analyst coverage from National Bank was also described as positive, adding to the favorable sentiment around the name. Positive Report for Methanex (MEOH) from National Bank
  • Neutral Sentiment: Scotiabank’s Q2 2026 earnings estimate of $3.78 per share is in line with expectations for the upcoming quarter, so it is not a major new catalyst by itself. Methanex Corporation stock information
  • Negative Sentiment: News that Methanex shut down its Titan plant could raise concerns about near-term operating disruptions, which may weigh on sentiment. Methanex shuts down Titan plant

About Methanex

(Get Free Report)

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).

Further Reading

Analyst Recommendations for Methanex (NASDAQ:MEOH)

Receive News & Ratings for Methanex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Methanex and related companies with MarketBeat.com's FREE daily email newsletter.