What is Scotiabank’s Forecast for Methanex FY2026 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Analysts at Scotiabank dropped their FY2026 earnings per share estimates for Methanex in a research note issued to investors on Thursday, March 12th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $5.00 per share for the year, down from their previous estimate of $6.18. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Scotiabank also issued estimates for Methanex’s FY2027 earnings at $5.22 EPS.

Methanex (TSE:MX) (NASDAQ:MEOH) last issued its earnings results on Thursday, March 5th. The company reported C($0.19) earnings per share (EPS) for the quarter. Methanex had a return on equity of 3.18% and a net margin of 2.19%.The firm had revenue of C$1.28 billion during the quarter.

MX has been the topic of a number of other research reports. Canadian Imperial Bank of Commerce lowered shares of Methanex from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Raymond James Financial downgraded shares of Methanex from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$50.00.

Methanex Trading Down 10.2%

TSE:MX opened at C$71.03 on Monday. The firm has a market capitalization of C$5.49 billion, a P/E ratio of 23.84, a P/E/G ratio of 0.44 and a beta of 1.06. The company has a quick ratio of 1.59, a current ratio of 2.06 and a debt-to-equity ratio of 143.59. The company has a fifty day moving average of C$66.79 and a 200 day moving average of C$57.35. Methanex has a 52 week low of C$36.10 and a 52 week high of C$80.44.

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. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines.