Brokers Issue Forecasts for Methanex's Q2 Earnings (TSE:MX)

Key Points

• Scotiabank set Methanex’s Q2 2026 EPS estimate at C$5.37, with the full-year consensus currently at C$5.95 per share.
• Analyst sentiment is mixed: Royal Bank of Canada downgraded the stock to hold, while National Bank Financial upgraded it to strong-buy. Overall, MarketBeat shows a Moderate Buy consensus and a price target of C$60.00.
• Methanex recently traded up 0.4% to C$76.30 and reported prior-quarter revenue of C$1.35 billion with C$0.42 EPS. The company remains financially leveraged, with a debt-to-equity ratio of 143.44.

Methanex Co. (TSE:MX - Free Report) NASDAQ: MEOH - Research analysts at Scotiabank issued their Q2 2026 earnings per share estimates for Methanex in a report issued on Tuesday, July 14th. Scotiabank analyst B. Isaacson anticipates that the company will post earnings per share of $5.37 for the quarter. The consensus estimate for Methanex's current full-year earnings is $5.95 per share.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada downgraded shares of Methanex from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, April 1st. National Bank Financial raised Methanex to a "strong-buy" rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$60.00.

Methanex Trading Up 0.4%

MX stock opened at C$76.30 on Thursday. Methanex has a 52 week low of C$44.57 and a 52 week high of C$92.97. The company has a market capitalization of C$5.90 billion, a PE ratio of -104.52, a price-to-earnings-growth ratio of 0.44 and a beta of 0.63. The company's 50-day simple moving average is C$77.83 and its 200 day simple moving average is C$73.85. The company has a debt-to-equity ratio of 143.44, a quick ratio of 1.59 and a current ratio of 1.96.

Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.42 EPS for the quarter. Methanex had a negative net margin of 1.26% and a negative return on equity of 1.84%. The business had revenue of C$1.35 billion for the quarter.

Insider Activity at Methanex

In related news, insider Sergio Almarza sold 4,500 shares of the company's stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of C$86.06, for a total transaction of C$387,270.00. Following the completion of the sale, the insider owned 11,570 shares of the company's stock, valued at C$995,714.20. This represents a 28.00% decrease in their ownership of the stock. Also, insider Sunil Jagwani acquired 43,000 shares of Methanex stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of C$82.62 per share, for a total transaction of C$3,552,660.00. Following the completion of the purchase, the insider directly owned 2,571,000 shares of the company's stock, valued at approximately C$212,416,020. This represents a 1.70% increase in their ownership of the stock. Over the last quarter, insiders purchased 278,000 shares of company stock valued at $23,636,345 and sold 13,475 shares valued at $1,175,470. 0.35% of the stock is owned by insiders.

Methanex Company Profile

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines.

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