Methanex (MX) Stock Price, News & Analysis

Company Overview

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$59.50 to C$60.50
• 50-Day Range: C$49.63 to C$60.97
• 52-Week Range: C$49.21 to C$74.25
• Volume: 89,500 shs
• Average Volume: 108,982 shs
• Market Capitalization: C$4.05 billion
• P/E Ratio: 20.64
• Dividend Yield: 1.67%
• Price Target: N/A
• Consensus Rating: Buy

MX Stock Analysis - Frequently Asked Questions

How have MX shares performed this year?

Methanex's stock was trading at C$62.68 at the beginning of 2024. Since then, MX stock has decreased by 4.2% and is now trading at C$60.05.
View the best growth stocks for 2024 here.

How were Methanex's earnings last quarter?

Methanex Co. (TSE:MX) released its quarterly earnings results on Wednesday, November, 6th. The company reported $1.65 EPS for the quarter, beating the consensus estimate of $0.60 by $1.05. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.26 billion. Methanex had a trailing twelve-month return on equity of 10.21% and a net margin of 4.06%.

How do I buy shares of Methanex?

Shares of MX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Methanex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Methanex investors own include Suncor Energy (SU), Magna International (MG), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Enbridge (ENB), Bank of Montreal (BMO) and Royal Bank of Canada (RY).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 11/06/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 1/29/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Chemicals
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:MX
• CUSIP: N/A
• CIK: N/A
• Web: www.methanex.com
• Phone: +1-604-6612600
• Fax: N/A
• Employees: 900
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$2.91
• Trailing P/E Ratio: 20.64
• Forward P/E Ratio: 10.10
• P/E Growth: 0.44
• Net Income: C$145.52 million
• Net Margins: 4.06%
• Pretax Margin: N/A
• Return on Equity: 10.21%
• Return on Assets: 1.99%

Debt

• Debt-to-Equity Ratio: 131.58
• Current Ratio: 1.25
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: C$3.58 billion
• Price / Sales: 1.13
• Cash Flow: C$16.48 per share
• Price / Cash Flow: 3.64
• Book Value: C$29.82 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 67,390,000
• Free Float: N/A
• Market Cap: C$4.05 billion
• Optionable: Not Optionable
• Beta: 1.79