Methanex (MX) Stock Price, News & Analysis

Company Overview

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. 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.

Key Stats

• Today's Range: C$47.93 to C$49.87
• 50-Day Range: C$36.82 to C$49.35
• 52-Week Range: C$36.10 to C$78.18
• Volume: 355,744 shs
• Average Volume: 199,724 shs
• Market Capitalization: C$2.35 billion
• P/E Ratio: 15.51
• Dividend Yield: 2.03%
• Price Target: C$46.50
• Consensus Rating: Buy

Methanex Stock Analysis - MarketRank™

Methanex scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

Methanex has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Methanex has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Methanex is 15.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Methanex is 15.51, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 70.48.

Price to Earnings Growth Ratio

Methanex has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Methanex has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Methanex pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Methanex does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Methanex is 31.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MX.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.23

News Sentiment

Methanex has a news sentiment score of 0.23. 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 is a lower news sentiment than the 0.54 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Methanex this week, compared to 1 article on an average week.

Search Interest

Only 20 people have searched for MX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Methanex insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.35% of the stock of Methanex is held by insiders.

Percentage Held by Institutions

82.87% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MX Stock Analysis - Frequently Asked Questions

How have MX shares performed this year?

Methanex's stock was trading at C$71.83 at the start of the year. Since then, MX shares have decreased by 31.3% and is now trading at C$49.35.
View the best growth stocks for 2025 here.

How do I buy shares of Methanex?

Shares of MX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Methanex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Methanex investors own include Suncor Energy (SU), Magna International (MG), Bank of Nova Scotia (BNS), Canadian National Railway (CNR), Enbridge (ENB), Bank of Montreal (BMO) and Royal Bank of Canada (RY).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Chemicals
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:MX
• CIK: N/A
• Web: www.methanex.com
• Phone: +1-604-6612600
• Fax: N/A
• Employees: 900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$46.50
• High Stock Price Target: C$53.00
• Low Stock Price Target: C$40.00
• Potential Upside/Downside: -5.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.18
• Trailing P/E Ratio: 15.51
• Forward P/E Ratio: 8.30
• P/E Growth: 0.44
• Net Income: C$107.23 million
• Net Margins: 4.13%
• Pretax Margin: N/A
• Return on Equity: 7.70%
• Return on Assets: 1.99%

Debt

• Debt-to-Equity Ratio: 148.53
• Current Ratio: 1.34
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: C$2.60 billion
• Price / Sales: 0.91
• Cash Flow: C$13.55 per share
• Price / Cash Flow: 3.64
• Book Value: C$34.05 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 47,654,959
• Free Float: N/A
• Market Cap: C$2.35 billion
• Optionable: Not Optionable
• Beta: 1.79