Raymond James Issues Negative Outlook for Methanex Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Research analysts at Raymond James cut their Q1 2025 earnings estimates for shares of Methanex in a note issued to investors on Tuesday, April 15th. Raymond James analyst S. Hansen now forecasts that the company will post earnings of $2.19 per share for the quarter, down from their prior estimate of $2.45. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Raymond James also issued estimates for Methanex’s Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $4.05 EPS and FY2026 earnings at $5.82 EPS.

Separately, Scotiabank lowered Methanex from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 10th. Two research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, Methanex currently has a consensus rating of “Buy”.

Methanex Trading Up 0.5 %

MX opened at C$37.44 on Thursday. The firm’s fifty day moving average is C$53.13 and its two-hundred day moving average is C$60.82. The firm has a market cap of C$1.78 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79. Methanex has a twelve month low of C$36.10 and a twelve month high of C$78.18. The company has a debt-to-equity ratio of 148.53, a quick ratio of 1.59 and a current ratio of 1.34.

Insider Buying and Selling

In other Methanex news, Senior Officer Kevin Maloney bought 1,400 shares of Methanex stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of C$53.55 per share, for a total transaction of C$74,969.02. Also, Director Karine Delbarre purchased 1,081 shares of the stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of C$53.07 per share, for a total transaction of C$57,368.72. Company insiders own 0.35% of the company’s stock.

Methanex Company Profile

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.