Methanex Corporation (MEOH)

Market Cap	2.99B
Revenue (ttm)	3.69B
Net Income (ttm)	152.40M
Shares Out	67.39M
EPS (ttm)	2.12
PE Ratio	19.61
Forward PE	11.67
Dividend	$0.74 (1.67%)
Ex-Dividend Date	Sep 16, 2024

Volume	196,821
Open	44.81
Previous Close	44.47
Day's Range	43.95 - 44.91
52-Week Range	36.13 - 56.43
Beta	1.81
Analysts	Buy
Price Target	56.50 (+27.2%)
Earnings Date	Nov 6, 2024

About MEOH

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. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.

• Industry: Chemicals
• Sector: Materials
• Founded: 1968
• Employees: 1,451
• Stock Exchange: NASDAQ
• Ticker Symbol: MEOH
• Website: https://www.methanex.com

Financial Performance

In 2023, Methanex's revenue was $3.72 billion, a decrease of -13.63% compared to the previous year's $4.31 billion. Earnings were $174.14 million, a decrease of -50.78%.

Analyst Forecast

According to 6 analysts, the average rating for MEOH stock is "Buy." The 12-month stock price forecast is $56.5, which is an increase of 27.20% from the latest price.

Price Target

$56.5

(27.20% upside)

Analyst Consensus: Buy