Methanex Co. (TSE:MX - Free Report) NASDAQ: MEOH - Stock analysts at Raymond James reduced their FY2025 EPS estimates for Methanex in a research note issued on Tuesday, October 22nd. Raymond James analyst S. Hansen now anticipates that the company will post earnings per share of $6.32 for the year, down from their previous forecast of $6.64. The consensus estimate for Methanex's current full-year earnings is $5.95 per share.
Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.66 by C$0.19. Methanex had a return on equity of 10.21% and a net margin of 4.06%. The business had revenue of C$1.26 billion for the quarter, compared to analysts' expectations of C$1.35 billion.
MX has been the topic of a number of other reports. Tudor Pickering raised shares of Methanex to a "strong-buy" rating in a research report on Wednesday, September 11th. Piper Sandler upgraded shares of Methanex from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 7th. Finally, Barclays lowered shares of Methanex from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 10th.
Check Out Our Latest Report on Methanex
Methanex Stock Performance
The firm has a 50 day simple moving average of C$57.60 and a 200-day simple moving average of C$63.85. The company has a current ratio of 1.25, a quick ratio of 1.59 and a debt-to-equity ratio of 131.58. Methanex has a 1-year low of C$49.21 and a 1-year high of C$74.25. The company has a market cap of C$3.77 billion, a P/E ratio of 19.22, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79.
Insiders Place Their Bets
In other Methanex news, Director Dean Richardson purchased 1,500 shares of the stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of C$50.52 per share, with a total value of C$75,780.00. In other Methanex news, Director Dean Richardson purchased 1,500 shares of the stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of C$50.52 per share, with a total value of C$75,780.00. Also, Director Leslie O'donoghue purchased 2,500 shares of the stock in a transaction on Tuesday, September 24th. The stock was acquired at an average cost of C$54.75 per share, with a total value of C$136,876.00. Over the last 90 days, insiders acquired 4,953 shares of company stock valued at $262,064. 0.35% of the stock is currently owned by corporate insiders.
About Methanex
(
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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.
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