FY2026 EPS Estimates for Methanex Boosted by Analyst

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities research analysts at Raymond James Financial upped their FY2026 earnings per share estimates for Methanex in a report issued on Wednesday, October 15th. Raymond James Financial analyst S. Hansen now forecasts that the company will earn $5.88 per share for the year, up from their prior estimate of $5.80. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.

A number of other research firms also recently commented on MX. Royal Bank Of Canada upgraded Methanex from a “hold” rating to a “moderate buy” rating in a report on Friday, August 1st. National Bank Financial upgraded Methanex to a “strong-buy” rating in a report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of C$46.50.

Methanex Trading Down 3.5%

TSE MX opened at C$47.63 on Friday. The stock has a 50-day simple moving average of C$51.36 and a 200 day simple moving average of C$47.18. The company has a market capitalization of C$3.68 billion, a PE ratio of 13.69, a P/E/G ratio of 0.44 and a beta of 1.30. The company has a current ratio of 1.34, a quick ratio of 1.59 and a debt-to-equity ratio of 148.53. Methanex has a 12 month low of C$36.10 and a 12 month high of C$78.18.

Methanex Company Profile

Methanex Corp manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel.