Methanex Corporation (NASDAQ:MEOH) Receives Average Rating of “Hold” from Brokerages

Shares of Methanex Corporation (NASDAQ:MEOHGet Free Report) (TSE:MX) have earned an average recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $68.7778.

A number of research analysts recently commented on the company. UBS Group increased their price target on Methanex from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, May 1st. Wall Street Zen downgraded Methanex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Raymond James Financial raised their target price on Methanex from $52.00 to $65.00 and gave the company a “market perform” rating in a research note on Thursday, April 16th. Zacks Research downgraded shares of Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Scotiabank boosted their target price on shares of Methanex from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th.

View Our Latest Analysis on MEOH

Methanex Stock Up 3.1%

MEOH stock opened at $54.81 on Friday. Methanex has a 12 month low of $32.00 and a 12 month high of $66.75. The company has a market cap of $4.24 billion, a price-to-earnings ratio of -111.86 and a beta of 0.60. The company has a fifty day moving average price of $55.44 and a 200 day moving average price of $53.57. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.96 and a quick ratio of 1.26.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last announced its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The firm had revenue of $957.42 million during the quarter, compared to analyst estimates of $964.76 million. During the same period in the prior year, the firm posted $1.30 earnings per share. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. Sell-side analysts expect that Methanex will post 8.18 earnings per share for the current year.

Methanex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex’s payout ratio is -151.02%.

Key Stories Impacting Methanex

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: Methanex’s board declared a quarterly dividend of US$0.185 per share, signaling confidence in cash flow and providing income support for shareholders. Methanex Corporation – Notice of Cash Dividend
  • Positive Sentiment: Scotiabank slightly raised its FY2027 EPS estimate for Methanex and maintained an Outperform rating with an $80 price target, reinforcing a constructive view on the company’s earnings outlook. Methanex Corporation stock information
  • Positive Sentiment: Recent analyst coverage from National Bank was also described as positive, adding to the favorable sentiment around the name. Positive Report for Methanex (MEOH) from National Bank
  • Neutral Sentiment: Scotiabank’s Q2 2026 earnings estimate of $3.78 per share is in line with expectations for the upcoming quarter, so it is not a major new catalyst by itself. Methanex Corporation stock information
  • Negative Sentiment: News that Methanex shut down its Titan plant could raise concerns about near-term operating disruptions, which may weigh on sentiment. Methanex shuts down Titan plant

Hedge Funds Weigh In On Methanex

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Amundi raised its stake in Methanex by 3.9% during the 1st quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock valued at $800,000 after acquiring an additional 848 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of Methanex in the second quarter worth $419,000. Invesco Ltd. raised its stake in shares of Methanex by 15.7% during the second quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock valued at $8,250,000 after purchasing an additional 33,827 shares in the last quarter. AXA S.A. bought a new stake in shares of Methanex during the second quarter valued at about $166,000. Finally, Qube Research & Technologies Ltd lifted its holdings in Methanex by 327.0% in the second quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company’s stock worth $1,565,000 after purchasing an additional 36,211 shares during the period. 73.49% of the stock is owned by institutional investors.

About Methanex

(Get Free Report)

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

See Also

Analyst Recommendations for Methanex (NASDAQ:MEOH)

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