Methanex Corporation (NASDAQ:MEOH) Given Consensus Rating of “Hold” by Brokerages

Methanex Corporation (NASDAQ:MEOHGet Free Report) (TSE:MX) has received an average recommendation of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $68.7778.

Several equities analysts have weighed in on the stock. National Bank Financial set a $70.00 price objective on shares of Methanex and gave the stock an “outperform” rating in a research report on Monday, July 13th. Royal Bank Of Canada decreased their price objective on Methanex from $70.00 to $65.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 1st. Scotiabank increased their price objective on Methanex from $70.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Raymond James Financial upped their target price on Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. Finally, Wall Street Zen downgraded Methanex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th.

View Our Latest Stock Report on MEOH

Institutional Trading of Methanex

Several large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio boosted its holdings in shares of Methanex by 0.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 82,381 shares of the specialty chemicals company’s stock worth $4,892,000 after acquiring an additional 225 shares in the last quarter. AMG National Trust Bank raised its position in Methanex by 4.8% in the 1st quarter. AMG National Trust Bank now owns 8,127 shares of the specialty chemicals company’s stock valued at $484,000 after purchasing an additional 374 shares during the last quarter. NewEdge Advisors LLC raised its position in Methanex by 33.3% in the 3rd quarter. NewEdge Advisors LLC now owns 2,000 shares of the specialty chemicals company’s stock valued at $80,000 after purchasing an additional 500 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in Methanex by 61.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,143 shares of the specialty chemicals company’s stock worth $85,000 after purchasing an additional 812 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in Methanex by 8.2% in the fourth quarter. Franklin Resources Inc. now owns 10,706 shares of the specialty chemicals company’s stock worth $425,000 after purchasing an additional 813 shares in the last quarter. 73.49% of the stock is owned by institutional investors.

Methanex Price Performance

NASDAQ:MEOH opened at $54.81 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.96 and a debt-to-equity ratio of 0.98. The business’s 50-day moving average price is $55.44 and its 200 day moving average price is $53.57. Methanex has a 52-week low of $32.00 and a 52-week high of $66.75. The firm has a market cap 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 announced its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS 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 analyst estimates of $964.76 million. During the same quarter in the previous year, the business earned $1.30 earnings per share. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, sell-side analysts predict that Methanex will post 8.18 earnings per share for the current fiscal year.

Methanex Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.185 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.74 dividend on an annualized basis and a yield of 1.4%. Methanex’s dividend payout ratio is currently -151.02%.

More Methanex News

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).

See Also

Analyst Recommendations for Methanex (NASDAQ:MEOH)

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