NASDAQ:MEOH Methanex (MEOH) Stock Price, News & Analysis $39.17 -0.49 (-1.24%) (As of 10/31/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Methanex Stock (NASDAQ:MEOH) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Methanex alerts:Sign Up Key Stats Today's Range$38.77▼$39.6350-Day Range$36.58▼$46.6952-Week Range$36.13▼$56.43Volume223,763 shsAverage Volume296,936 shsMarket Capitalization$2.64 billionP/E Ratio18.22Dividend Yield1.89%Price Target$55.38Consensus RatingModerate Buy Company OverviewMethanex 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.Read More… Unveiled: NVIDIA’s "Secret Royalty" Program (Ad)Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?Click Here to learn how to get in now >>> Methanex Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks94th Percentile Overall ScoreMEOH MarketRank™: Methanex scored higher than 94% of companies evaluated by MarketBeat, and ranked 17th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.3 / 5Analyst RatingModerate Buy Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMethanex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Methanex's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth53.94% Earnings GrowthEarnings for Methanex are expected to grow by 53.94% in the coming year, from $2.41 to $3.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 18.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 18.22, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 129.65.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Methanex's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.04% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Methanex has recently increased by 10.06%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldMethanex pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Methanex is 34.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Methanex will have a dividend payout ratio of 19.95% next year. This indicates that Methanex will be able to sustain or increase its dividend.Read more about Methanex's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.04% of the float of Methanex has been sold short.Short Interest Ratio / Days to CoverMethanex has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Methanex has recently increased by 10.06%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment0.36 News SentimentMethanex has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Methanex this week, compared to 4 articles on an average week.MarketBeat Follows2 people have added Methanex to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Methanex is held by insiders.Percentage Held by Institutions73.49% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Methanex's insider trading history. Receive MEOH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Methanex and its competitors with MarketBeat's FREE daily newsletter. Email Address MEOH Stock News HeadlinesMethanex Secures Financing for Major AcquisitionOctober 30 at 12:15 AM | markets.businessinsider.comTransition signs methanol supply LoI with Mitsubishi Gas ChemicalOctober 29 at 7:15 PM | finance.yahoo.comDon’t Miss Out! Get 2 Hot AI Stocks for Under $10/Share 🚀Artificial Intelligence (AI) stocks are booming, and now is your chance to get in on the action — without breaking the bank! We’ve just uncovered 2 must-buy AI stocks trading for under $10/share, and they’re showing serious potential for growth.October 31, 2024 | Darwin (Ad)Methanex Corporation Announces Successful Syndication of Acquisition FinancingOctober 29 at 5:32 PM | globenewswire.comMethanex Corporation (MEOH): An Undervalued Chemical Stock to Invest In NowOctober 28 at 9:17 AM | uk.finance.yahoo.comRaymond James Issues Positive Estimate for Methanex EarningsOctober 27, 2024 | americanbankingnews.comRaymond James Analysts Cut Earnings Estimates for MethanexOctober 26, 2024 | americanbankingnews.comBarclays Sticks to Their Hold Rating for Methanex (MEOH)October 8, 2024 | markets.businessinsider.comSee More Headlines MEOH Stock Analysis - Frequently Asked Questions How have MEOH shares performed this year? Methanex's stock was trading at $47.36 at the beginning of the year. Since then, MEOH shares have decreased by 17.3% and is now trading at $39.17. View the best growth stocks for 2024 here. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) issued its quarterly earnings results on Tuesday, July, 30th. The specialty chemicals company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.10. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. Who are Methanex's major shareholders? Methanex's top institutional investors include M&G PLC (19.09%), Dixon Mitchell Investment Counsel Inc. (1.75%), Intact Investment Management Inc. (0.36%) and Westbourne Investment Advisors Inc. (0.16%). How do I buy shares of Methanex? Shares of MEOH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some other companies that Methanex investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), General Electric (GE), Adobe (ADBE), AbbVie (ABBV) and Micron Technology (MU). Company Calendar Last Earnings7/30/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Today10/31/2024Next Earnings (Confirmed)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBasic Materials Industry Industrial organic chemicals Sub-IndustryChemicals Current SymbolNASDAQ:MEOH CUSIPN/A CIK886977 Webwww.methanex.com Phone(604) 661-2600Fax604-661-2676Employees1,451Year Founded1968Price Target and Rating Average Stock Price Target$55.38 High Stock Price Target$68.00 Low Stock Price Target$44.00 Potential Upside/Downside+39.6%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.36 Trailing P/E Ratio18.45 Forward P/E Ratio16.46 P/E GrowthN/ANet Income$174.14 million Net Margins4.05% Pretax Margin5.91% Return on Equity5.44% Return on Assets1.90% Debt Debt-to-Equity Ratio0.80 Current Ratio1.25 Quick Ratio0.87 Sales & Book Value Annual Sales$3.58 billion Price / Sales0.75 Cash Flow$7.92 per share Price / Cash Flow5.01 Book Value$32.25 per share Price / Book1.23Miscellaneous Outstanding Shares67,387,000Free Float66,713,000Market Cap$2.67 billion OptionableOptionable Beta1.35 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report This page (NASDAQ:MEOH) was last updated on 10/31/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored“Buffett Indicator” Predicts 62% Stock Market CrashThe last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Behind the Markets | SponsoredTrump or Kamala? 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