Methanex (NASDAQ:MEOH) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Methanex from "hold" to "buy", and several analysts have raised price targets (Scotiabank, BMO, Raymond James), leaving a consensus rating of "Moderate Buy" with an average price target of $63.90.
• Q1 results missed expectations: Methanex reported EPS of $0.30 (vs. roughly $0.38–$0.42 expected) and a small net loss due to mark‑to‑market share‑based compensation, with revenue of $957.4M slightly below forecasts.
• The board declared a quarterly cash dividend of $0.185 per share (payable June 30) — a modest ~1.1% yield — and institutional ownership remains high at about 73.5%, while the stock trades near the mid‑$60s (market cap ≈ $5B).

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

Several other equities analysts have also issued reports on the company. Scotiabank raised their price objective on Methanex from $60.00 to $70.00 and gave the stock a "sector outperform" rating in a report on Wednesday, April 22nd. Zacks Research raised Methanex from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 14th. BMO Capital Markets upped their target price on Methanex from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Wednesday, March 18th. Raymond James Financial raised their price target on Methanex from $52.00 to $65.00 and gave the stock a "market perform" rating in a research note on Thursday, April 16th. Finally, JPMorgan Chase & Co. lowered Methanex from an "overweight" rating to a "neutral" rating and lifted their price target for the stock from $56.00 to $65.00 in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $63.90.

Methanex Stock Down 2.0%

Shares of NASDAQ:MEOH opened at $64.25 on Friday. The firm has a 50 day simple moving average of $56.48 and a 200-day simple moving average of $46.29. Methanex has a twelve month low of $31.57 and a twelve month high of $66.75. The company has a current ratio of 1.96, a quick ratio of 1.37 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $4.97 billion, a PE ratio of -131.12 and a beta of 0.60.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last posted its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The company had revenue of $957.42 million during the quarter, compared to analysts' expectations of $964.76 million. During the same period last year, the business earned $1.30 earnings per share. The company's quarterly revenue was up 8.7% on a year-over-year basis. On average, equities analysts predict that Methanex will post 5.96 EPS for the current fiscal year.

Institutional Trading of Methanex

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC purchased a new position in shares of Methanex in the 2nd quarter valued at approximately $50,000. Parkside Financial Bank & Trust lifted its holdings in shares of Methanex by 1,244.4% during the third quarter. Parkside Financial Bank & Trust now owns 1,331 shares of the specialty chemicals company's stock worth $53,000 after purchasing an additional 1,232 shares during the period. Clearstead Advisors LLC lifted its holdings in shares of Methanex by 336.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company's stock worth $71,000 after purchasing an additional 1,375 shares during the period. PNC Financial Services Group Inc. grew its position in Methanex by 131.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,482 shares of the specialty chemicals company's stock valued at $99,000 after buying an additional 1,410 shares during the last quarter. Finally, AXA S.A. purchased a new position in Methanex in the 2nd quarter valued at $166,000. 73.49% of the stock is owned by hedge funds and other institutional investors.

More Methanex News

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: RBC raised its price target on Methanex to $70 (from $65) and kept a "sector perform" rating — the new target implies roughly a mid‑single-digit to high‑single-digit upside and helps underpin the near‑term bullish case. BayStreet.CA
• Positive Sentiment: Zacks reports that earnings estimate revisions for Methanex have been moving higher, suggesting analysts expect improving profitability — this upward revision momentum can support further share gains if guidance/industry conditions confirm it. Zacks: Surging Earnings Estimates Signal Upside
• Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share (payable June 30), a steady income signal that can attract yield‑seeking investors even though the yield is modest (~1.1%). GlobeNewswire: Notice of Cash Dividend
• Neutral Sentiment: Methanex reported AGM voting results showing shareholders backed the board, auditor and executive pay — a standard governance outcome that reduces proxy risk but is unlikely to move the stock materially. GlobeNewswire: AGM Results
• Neutral Sentiment: Q1 earnings call and prepared remarks/transcripts were posted (useful for detail on operations, mark‑to‑market items and outlook). Market reaction will depend on management commentary on margins, feedstock/energy costs and utilization. Fool: Q1 2026 Earnings Transcript
• Negative Sentiment: Methanex reported Q1 EPS of $0.30, missing consensus (~$0.42) and recording a small net loss attributable to mark‑to‑market share‑based compensation — the earnings miss and negative net margin weigh on sentiment. MarketBeat: Q1 Earnings Snapshot
• Negative Sentiment: JPMorgan downgraded Methanex from "overweight" to "neutral" while raising its target to $65 — the rating cut signals less conviction from a major bank and likely pressured the stock despite the modestly higher target. BayStreet.CA

Methanex Company Profile

Methanex Corporation is a Vancouver, Canada–based company and one of the world's largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company's core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

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