Methanex Co. (TSE:MX - Free Report) NASDAQ: MEOH - Equities researchers at Scotiabank upped their FY2025 earnings per share (EPS) estimates for shares of Methanex in a report released on Wednesday, January 8th. Scotiabank analyst B. Isaacson now expects that the company will earn $4.85 per share for the year, up from their prior estimate of $4.41. The consensus estimate for Methanex's current full-year earnings is $5.95 per share. Scotiabank also issued estimates for Methanex's FY2026 earnings at $4.52 EPS.
Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last announced its earnings results on Wednesday, November 6th. The company reported C$1.65 EPS for the quarter, topping the consensus estimate of C$0.60 by C$1.05. Methanex had a net margin of 4.06% and a return on equity of 10.21%. The business had revenue of C$1.28 billion during the quarter, compared to analysts' expectations of C$1.26 billion.
Several other research analysts also recently commented on MX. Tudor Pickering upgraded Methanex to a "strong-buy" rating in a research note on Wednesday, September 11th. Cibc World Mkts upgraded shares of Methanex from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th.
View Our Latest Stock Report on MX
Methanex Stock Up 0.4 %
Shares of TSE:MX traded up C$0.28 during trading on Thursday, hitting C$69.99. 66,025 shares of the company were exchanged, compared to its average volume of 109,249. The stock has a market cap of C$4.72 billion, a price-to-earnings ratio of 24.05, a P/E/G ratio of 0.44 and a beta of 1.79. 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 fifty-two week low of C$49.21 and a fifty-two week high of C$74.25. The firm has a fifty day moving average price of C$64.98 and a two-hundred day moving average price of C$62.22.
Insider Transactions at Methanex
In other news, Senior Officer Priscilla Fuchslocher sold 7,720 shares of the company's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$65.39, for a total transaction of C$504,818.52. Corporate insiders own 0.35% of the company's stock.
Methanex Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Methanex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Methanex wasn't on the list.
While Methanex currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
