Methanex (MEOH) to Release Earnings on Wednesday

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $835.04 million for the quarter.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last released its quarterly earnings data on Wednesday, April 30th. The specialty chemicals company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.05. The firm had revenue of $857.90 million during the quarter, compared to analysts' expectations of $1.06 billion. Methanex had a net margin of 6.00% and a return on equity of 12.45%. The firm's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 earnings per share. On average, analysts expect Methanex to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Methanex Stock Performance

Shares of NASDAQ:MEOH traded up $0.76 during midday trading on Friday, hitting $34.27. The company had a trading volume of 404,724 shares, compared to its average volume of 559,401. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 11.50 and a beta of 0.92. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.17 and a quick ratio of 2.52. The company has a fifty day moving average of $34.01 and a two-hundred day moving average of $37.60. Methanex has a 12-month low of $25.46 and a 12-month high of $54.49.

Methanex Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be issued a $0.185 dividend. This represents a $0.74 annualized dividend and a yield of 2.16%. The ex-dividend date is Tuesday, September 16th. Methanex's dividend payout ratio is 24.83%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Methanex stock. Amundi lifted its stake in Methanex Corporation (NASDAQ:MEOH - Free Report) TSE: MX by 3.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,791 shares of the specialty chemicals company's stock after purchasing an additional 848 shares during the quarter. Amundi's holdings in Methanex were worth $800,000 as of its most recent filing with the Securities & Exchange Commission. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MEOH. Raymond James Financial set a $45.00 target price on Methanex and gave the company an "outperform" rating in a research report on Tuesday, July 15th. Royal Bank Of Canada reduced their target price on shares of Methanex from $55.00 to $50.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. Barclays decreased their price objective on Methanex from $57.00 to $41.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 1st. Wall Street Zen lowered Methanex from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Finally, CIBC cut their target price on shares of Methanex from $47.00 to $44.00 and set an "outperformer" rating on the stock in a report on Monday, May 5th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $45.63.

About Methanex

Methanex 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.