
Methanex Co. (TSE:MX – Free Report) (NASDAQ:MEOH) – Equities research analysts at Scotiabank issued their Q1 2026 earnings per share (EPS) estimates for shares of Methanex in a research report issued on Tuesday, April 21st. Scotiabank analyst B. Isaacson expects that the company will earn $0.75 per share for the quarter. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.
A number of other equities analysts also recently issued reports on MX. Royal Bank Of Canada downgraded shares of Methanex from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Canadian Imperial Bank of Commerce lowered Methanex from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Finally, Raymond James Financial cut Methanex from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$50.00.
Methanex Trading Up 0.6%
TSE MX opened at C$82.67 on Thursday. Methanex has a one year low of C$41.46 and a one year high of C$92.97. The company has a debt-to-equity ratio of 143.59, a quick ratio of 1.59 and a current ratio of 2.06. The company has a market capitalization of C$6.39 billion, a price-to-earnings ratio of 88.89, a price-to-earnings-growth ratio of 0.44 and a beta of 0.46. The company’s 50-day simple moving average is C$75.75 and its two-hundred day simple moving average is C$62.75.
Methanex (TSE:MX – Get Free Report) (NASDAQ:MEOH) last released its quarterly earnings data on Thursday, March 5th. The company reported C($0.19) earnings per share for the quarter. Methanex had a net margin of 2.19% and a return on equity of 3.18%. The firm had revenue of C$1.28 billion during the quarter.
Insider Buying and Selling at Methanex
In related news, insider Mark Allard sold 2,000 shares of the business’s stock in a transaction on Friday, March 27th. The stock was sold at an average price of C$86.00, for a total transaction of C$172,000.00. Following the transaction, the insider directly owned 16,604 shares in the company, valued at C$1,427,944. The trade was a 10.75% decrease in their position. 0.35% of the stock is owned by insiders.
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.
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