Equities Analysts Offer Predictions for Methanex Q3 Earnings

Key Points

• Zacks Research sharply raised Methanex’s Q3 2026 EPS forecast to $4.30 from $2.64 and projects FY2026 EPS of $11.84. It also expects $8.09 in FY2027 and $6.03 in FY2028, indicating strong near-term earnings expectations but a projected decline after 2026.
• Methanex recently reported quarterly revenue of C$1.98 billion and EPS of C$5.50, while analysts maintain an overall “Buy” rating and a consensus price target of C$60.00.
• The shares opened at C$82.86, well above their 50-day and 200-day moving averages, but the company carries elevated leverage with a debt-to-equity ratio of 122.11. Insiders have been net buyers over the past quarter, purchasing 50,000 shares.

Methanex Co. (TSE:MX - Free Report) NASDAQ: MEOH - Analysts at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for Methanex in a note issued to investors on Monday, August 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $4.30 for the quarter, up from their prior forecast of $2.64. The consensus estimate for Methanex's current full-year earnings is $5.95 per share. Zacks Research also issued estimates for Methanex's Q4 2026 earnings at $2.41 EPS, FY2026 earnings at $11.84 EPS, Q1 2027 earnings at $3.08 EPS, Q2 2027 earnings at $2.86 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $1.14 EPS, FY2027 earnings at $8.09 EPS, Q1 2028 earnings at $1.36 EPS, Q2 2028 earnings at $2.80 EPS and FY2028 earnings at $6.03 EPS.

Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last posted its earnings results on Tuesday, July 28th. The company reported C$5.50 EPS for the quarter. Methanex had a return on equity of 3.50% and a net margin of 2.05%.The company had revenue of C$1.98 billion for the quarter.

Several other brokerages have also recently issued reports on MX. National Bank Financial raised Methanex to a "strong-buy" rating in a report on Monday, July 13th. Canadian Imperial Bank of Commerce raised shares of Methanex from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of C$60.00.

Methanex Stock Performance

TSE MX opened at C$82.86 on Monday. The stock has a market capitalization of C$6.41 billion, a PE ratio of 94.16, a P/E/G ratio of 0.44 and a beta of 0.62. The business has a 50 day simple moving average of C$74.30 and a two-hundred day simple moving average of C$76.72. The company has a debt-to-equity ratio of 122.11, a current ratio of 2.07 and a quick ratio of 1.59. Methanex has a 1-year low of C$45.01 and a 1-year high of C$92.97.

Insider Buying and Selling

In related news, insider Sunil Jagwani purchased 24,255 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The stock was bought at an average price of C$82.23 per share, for a total transaction of C$1,994,488.65. Following the completion of the transaction, the insider owned 2,595,255 shares in the company, valued at approximately C$213,407,818.65. The trade was a 0.94% increase in their position. Also, insider Kyung Wan (Fred) Lee sold 7,975 shares of the business's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of C$88.02, for a total value of C$701,959.50. Following the sale, the insider directly owned 5,025 shares in the company, valued at C$442,300.50. The trade was a 61.35% decrease in their ownership of the stock. Over the last quarter, insiders purchased 50,000 shares of company stock worth $4,106,443. Corporate insiders own 0.35% of the company's stock.

Methanex News Roundup

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Zacks lifted its FY2026 EPS estimate to $11.84 from $9.30 and raised its Q3 and Q4 2026 forecasts to $4.30 and $2.41, respectively. These revisions are well above the current full-year consensus estimate of $5.95 and are the clearest catalyst supporting Methanex’s recent strength.
• Positive Sentiment: The firm also increased its FY2027 EPS forecast to $8.09 from $6.66 and raised Q1 2027 EPS to $3.08 from $0.80 and Q2 2027 EPS to $2.86 from $2.18, pointing to stronger earnings momentum into next year.
• Positive Sentiment: Longer-term expectations improved as well: FY2028 EPS was raised to $6.03 from $5.02, while Q1 and Q2 2028 estimates increased to $1.36 and $2.80. The upgrades reinforce the view that Methanex’s earnings outlook may be improving beyond the current year.
• Neutral Sentiment: Methanex recently traded at C$82.86, above its 50-day and 200-day moving averages of C$74.30 and C$76.72, respectively, indicating strong momentum but also a share price that has already advanced substantially from its one-year low of C$45.01.
• Negative Sentiment: Not all revisions were favorable. Zacks cut its Q3 2027 EPS estimate to $1.01 from $1.99, and its forecast implies earnings could decline from FY2026’s $11.84 to $8.09 in FY2027 and $6.03 in FY2028. Methanex also carries elevated financial leverage, with debt-to-equity of 122.11.

About Methanex

Methanex is a Vancouver-based, publicly traded company and is the world's largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol 'MX' and on the Nasdaq Global Select Market in the United States under the trading symbol 'MEOH'. Methanex can be visited online at www.methanex.com.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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