Methanex Corporation (MEOH)

NASDAQ: MEOH · IEX Real-Time Price · USD
37.93
+0.16 (0.42%)
Aug 12, 2022 10:49 AM EDT - Market open
0.42%
Market Cap 2.67B
Revenue (ttm) 4.64B
Net Income (ttm) 514.72M
Shares Out 70.39M
EPS (ttm) 6.90
PE Ratio 5.50
Forward PE 6.68
Dividend $0.52 (1.37%)
Ex-Dividend Date Sep 15, 2022
Volume 63,773
Open 37.78
Previous Close 37.77
Day's Range 37.54 - 38.16
52-Week Range 29.61 - 56.79
Beta 2.06
Analysts Buy
Price Target 43.50 (+14.7%)
Earnings Date Jul 27, 2022

About MEOH

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. 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. [Read more...]

Industry Chemicals
Founded 1968
CEO John Floren
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol MEOH
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MEOH stock is "Buy." The 12-month stock price forecast is 43.5, which is an increase of 14.68% from the latest price.

Price Target
$43.5
(14.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Methanex (MEOH) Earnings and Revenues Lag Estimates in Q2

Methanex's (MEOH) second-quarter earnings benefit from strong year-over-year methanol prices and production.

Methanex (MEOH) Q2 Earnings and Revenues Miss Estimates

Methanex (MEOH) delivered earnings and revenue surprises of -37.30% and 3.87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Methanex Reports Second Quarter 2022 Results

Except where otherwise noted, all currency amounts are stated in United States dollars.

Methanex (MEOH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Methanex (MEOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Methanex (MEOH) Announces a 20% Hike in Quarterly Dividend

Methanex's (MEOH) dividend increase strengthens its commitment to return cash to shareholders and underscores its assets' strong cash-flow generation capability.

Methanex Corporation Announces a 20% Dividend Increase

VANCOUVER, British Columbia, July 14, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a 20% in...

Methanex (MEOH) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Are Investors Undervaluing Methanex (MEOH) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Here's Why You Should Buy Methanex (MEOH) Stock Right Now

Methanex (MEOH) gains on strong demand and pricing fundamentals for methanol.

Methanex (MEOH) is a Great Momentum Stock: Should You Buy?

Does Methanex (MEOH) have what it takes to be a top stock pick for momentum investors? Let's find out.

Earnings Estimates Rising for Methanex (MEOH): Will It Gain?

Methanex (MEOH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Methanex (MEOH)

Methanex (MEOH) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that mad...

Methanex (MEOH) Just Overtook the 50-Day Moving Average

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

Are Basic Materials Stocks Lagging Methanex (MEOH) This Year?

Here is how Methanex (MEOH) and Univar (UNVR) have performed compared to their sector so far this year.

Is Methanex (MEOH) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Investing in Methanex now could return 30% by the end of July

Methanex Corporation (NASDAQ:MEOH) is the world's largest producer and seller of methanol. The company literally sets the prices of the product at the end of each month.

Why Is Methanex (MEOH) Down 3.2% Since Last Earnings Report?

Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?

Methanex (MEOH) Upgraded to Strong Buy: Here's What You Should Know

Methanex (MEOH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

New Strong Buy Stocks for May 27th

CLR, WLK, AN, MEOH, and CPLP have been added to the Zacks Rank #1 (Strong Buy) List on May 27, 2022.

Other symbols: ANCLRCPLPWLK

Best Value Stocks to Buy for May 27th

MEOH, CPLP, and WLK made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 27, 2022.

Other symbols: CPLPWLK

Methanex to Webcast Investor Day on June 16, 2022

VANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) will host an Investor Day on Thursday, June 16, 2022 in Geismar, Louisiana. Methanex's executive...

5 Stocks With Robust Sales Growth to Counter Volatile Markets

Solid sales growth is vital to gauge a company's health and ability to sustain its business. Let's take a look at Methanex (MEOH), Carlisle (CSL), Huntington Ingalls (HII), Cheniere Energy (LNG) and Vis...

Other symbols: CSLHIILNGVST

Best Value Stocks to Buy for May 25th

DQ, HZO, and MEOH made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 25, 2022.

Other symbols: DQHZO

New Strong Buy Stocks for May 25th

DQ, MEOH, AN, FWRD, and MBUU have been added to the Zacks Rank #1 (Strong Buy) List on May 25, 2022.

Other symbols: ANDQFWRDMBUU

Should Value Investors Consider Methanex (MEOH) Stock Now?

Is Methanex (MEOH) a great pick from the value investor's perspective right now? Read on to know more