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Methanex Corporation (MEOH)

NASDAQ: MEOH · IEX Real-Time Price · USD
48.70
+0.01 (0.02%)
After-hours:Oct 15, 2021 4:31 PM EDT
48.69
-1.18 (-2.37%)
At close: Oct 15, 4:00 PM
Market Cap3.71B
Revenue (ttm)3.48B
Net Income (ttm)96.55M
Shares Out76.21M
EPS (ttm)1.09
PE Ratio44.83
Forward PE15.38
Dividend$0.15 (0.31%)
Ex-Dividend DateSep 15, 2021
Volume331,511
Open50.31
Previous Close49.87
Day's Range48.59 - 50.63
52-Week Range27.61 - 52.88
Beta2.26
AnalystsHold
Price Target46.62 (-4.3%)
Est. Earnings DateOct 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.

IndustryChemicals
Founded1968
CEOJohn Floren
Employees1,489
Stock ExchangeNASDAQ
Ticker SymbolMEOH
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$46.62
(-4.25% downside)
Analyst Consensus: Hold

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.

1 week ago - Zacks Investment Research

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...

1 week ago - Business Wire

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.

2 weeks ago - Zacks Investment Research

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

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

2 weeks ago - Zacks Investment Research

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.

3 weeks ago - Zacks Investment Research

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...

3 weeks ago - Zacks Investment Research

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, ...

3 weeks ago - Invezz

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...

Other symbols:ESHOOTDC
3 weeks ago - Zacks Investment Research

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.

Other symbols:PXDTECHU
3 weeks ago - CNBC Television

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.

Other symbols:AVNTDOW
4 weeks ago - Zacks Investment Research

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.

4 weeks ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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.

Other symbols:AVTRBBYGESWWW
1 month ago - Zacks Investment Research

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.

Other symbols:FISIGESGPI
1 month ago - Zacks Investment Research

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...

Other symbols:AVNTCCIOSPOLN
1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

Methanex's (MEOH) Earnings and Revenues Surpass Estimates in Q2

Methanex (MEOH) delivered impressive second-quarter results led by strong demand and increased prices.

2 months ago - Zacks Investment Research

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?

2 months ago - Zacks Investment Research

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.

2 months ago - GlobeNewsWire

The Chemicals Market Is Evolving and Growing: 8 Picks

The chemical-diversified industry is poised to grow strongly over the next few years, so this is a great time to get some exposure.

Other symbols:CBTCCDOWHUNLYB
2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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 ...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire