Methanex Corporation (MEOH)
| Market Cap | 3.71B |
| Revenue (ttm) | 3.48B |
| Net Income (ttm) | 96.55M |
| Shares Out | 76.21M |
| EPS (ttm) | 1.09 |
| PE Ratio | 44.83 |
| Forward PE | 15.38 |
| Dividend | $0.15 (0.31%) |
| Ex-Dividend Date | Sep 15, 2021 |
| Volume | 331,511 |
| Open | 50.31 |
| Previous Close | 49.87 |
| Day's Range | 48.59 - 50.63 |
| 52-Week Range | 27.61 - 52.88 |
| Beta | 2.26 |
| Analysts | Hold |
| Price Target | 46.62 (-4.3%) |
| Est. Earnings Date | Oct 27, 2021 |
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. The company was incorporated in 1968 and is headquartered in Vancouver, Canada.
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for Methanex stock is "Hold." The 12-month stock price forecast is 46.62, which is a decrease of -4.25% from the latest price.
News
Methanex (MEOH) Stock Rallies 57% in 3 Months: What's Driving It?
Methanex (MEOH) gains on higher demand for methanol on the back of the ongoing economic recovery.
M&G Issues Letter to Methanex Board of Directors
LONDON--(BUSINESS WIRE)--M&G Investments, the owner of approximately 19.5% of the outstanding shares of Methanex Corporation (the "Company") (TSX:MX) (Nasdaq: MEOH) today issued the following letter sen...
Can Methanex (MEOH) Run Higher on Strong Earnings Estimate Revisions?
Methanex (MEOH) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Here's Why You Should Buy Methanex (MEOH) Stock Right Now
Methanex (MEOH) gains on strong demand and pricing fundamentals for methanol.
Methanex (MEOH) Announces a New 5% Share Buyback Program
Methanex's (MEOH) purchases pursuant to the NCIB will be made on the open market through the facilities of the NASDAQ Global Select Market and alternative trading systems in the United States.
Methanex (MEOH) Surges 6.3%: Is This an Indication of Further Gains?
Methanex (MEOH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the...
Piper Sandler's Johnson sees near-term upside in these two stocks
High multiple stocks could take a hit in the upcoming months if the U.S. Fed decides in favour of a rate hike. Amidst the concern, Piper Sandler's Craig Johnson sees potential for upside in two stocks, ...
Bet on These 4 Top-Ranked Stocks With Upgraded Broker Ratings
It is always recommended to follow broker rating upgrades for finding profitable stocks. Hence, we pick Steven Madden (SHOO), Methanex (MEOH), Teradata (TDC), and Eni SpA (E) as these have recorded rati...
Go Big or Go Home: The Best Ideas for Q4 from Piper Sandler's Craig Johnson
Piper Sandler chief market technician Craig Johnson shares some of his firm's best investing ideas for the rest of the year, including some under-the-radar names in the chemical and energy sectors.
DOW Enters Into Partnership to Launch Recyclable Food-Contact Film
DOW inks deal to launch a shrink film made from re-polymerization of plastics for food-contact packaging application, ensuring circularity and partly mitigating food wastage.
Why Methanex (MEOH) is Such a Great Value Stock Pick Right Now
Methanex (MEOH) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Methanex Announces a 5% Share Repurchase Program
VANCOUVER, British Columbia, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved a Norma...
New Strong Buy Stocks for September 16th
BBY, GES, MEOH, WWW, and AVTR have been added to the Zacks Rank #1 (Strong Buy) List on September 16, 2021.
Top Ranked Value Stocks to Buy for September 16th
MEOH, GES, FISI, and GPI made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 16, 2021.
5 Chemical Stocks Set to Run Higher Despite Supply-Chain Woes
While input cost inflation and supply chain constraints pose headwinds, the chemical industry is expected to benefit from strong demand across major markets. AVNT, MEOH, CC, OLN, IOSP are good options f...
Methanex (MEOH) Up 5.1% Since Last Earnings Report: Can It Continue?
Methanex (MEOH) reported earnings 30 days ago. What's next for the stock?
Methanex's (MEOH) Earnings and Revenues Surpass Estimates in Q2
Methanex (MEOH) delivered impressive second-quarter results led by strong demand and increased prices.
Methanex (MEOH) Q2 Earnings and Revenues Beat Estimates
Methanex (MEOH) delivered earnings and revenue surprises of 18.10% and 7.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Methanex Second Quarter 2021 Results Demonstrate Favourable Methanol Industry Fundamentals and Strong Cash Generation...
Except where otherwise noted, all currency amounts are stated in United States dollars.
Methanex (MEOH) Earnings Expected to Grow: Should You Buy?
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) Upgraded to Buy: What Does It Mean for the Stock?
Methanex (MEOH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Methanex (MEOH) Raises Dividend & Resumes Geismar 3 Construction
Methanex (MEOH) increases quarterly dividend to 12.5 cents. It plans to start Geismar 3 commercial operations by the end of 2023 or early 2024.
Methanex Increases Quarterly Dividend to $0.125 Per Share From $0.0375 Per Share
VANCOUVER, British Columbia, July 16, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its Board of Directors has approved an increase in its quarterly dividend ...
Methanex Restarts Construction on Geismar 3 Project and Increases Dividend
Maintains Focus on Shareholder Value and Industry Leadership Maintains Focus on Shareholder Value and Industry Leadership