Methanex Q2 EPS Estimate Boosted by Raymond James Financial

Methanex Corporation (NASDAQ:MEOH - Free Report) TSE: MX - Investment analysts at Raymond James Financial upped their Q2 2025 earnings per share estimates for shares of Methanex in a research report issued on Tuesday, July 15th. Raymond James Financial analyst S. Hansen now expects that the specialty chemicals company will post earnings per share of $0.40 for the quarter, up from their previous estimate of $0.23. Raymond James Financial currently has a "Outperform" rating and a $45.00 price target on the stock. The consensus estimate for Methanex's current full-year earnings is $4.32 per share. Raymond James Financial also issued estimates for Methanex's Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $1.27 EPS, FY2025 earnings at $3.69 EPS and FY2026 earnings at $4.20 EPS.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last announced its quarterly earnings results on Wednesday, April 30th. The specialty chemicals company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.05. The business had revenue of $857.90 million for the quarter, compared to the consensus estimate of $1.06 billion. Methanex had a return on equity of 12.45% and a net margin of 6.00%. The business's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS.

MEOH has been the topic of several other research reports. JPMorgan Chase & Co. assumed coverage on Methanex in a report on Tuesday, June 10th. They issued a "neutral" rating and a $33.00 price target on the stock. Piper Sandler set a $48.00 target price on Methanex and gave the company an "overweight" rating in a research note on Sunday, May 18th. Barclays cut their target price on Methanex from $57.00 to $41.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 1st. Wall Street Zen downgraded Methanex from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Finally, UBS Group lifted their target price on Methanex from $50.00 to $51.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Methanex presently has a consensus rating of "Moderate Buy" and an average target price of $45.63.

Methanex Stock Performance

Shares of NASDAQ MEOH traded up $0.89 during mid-day trading on Thursday, hitting $34.08. The company had a trading volume of 554,492 shares, compared to its average volume of 460,398. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 11.44 and a beta of 0.92. Methanex has a 12 month low of $25.46 and a 12 month high of $54.49. 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 firm's 50 day simple moving average is $33.96 and its two-hundred day simple moving average is $38.26.

Hedge Funds Weigh In On Methanex

Hedge funds have recently modified their holdings of the company. Addenda Capital Inc. grew its holdings in shares of Methanex by 27.3% in the 2nd quarter. Addenda Capital Inc. now owns 203,000 shares of the specialty chemicals company's stock worth $6,719,000 after acquiring an additional 43,532 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of Methanex by 8.6% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 31,309 shares of the specialty chemicals company's stock worth $1,036,000 after acquiring an additional 2,480 shares during the last quarter. Value Partners Investments Inc. grew its holdings in shares of Methanex by 150.1% in the 2nd quarter. Value Partners Investments Inc. now owns 19,272 shares of the specialty chemicals company's stock worth $637,000 after acquiring an additional 11,567 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Methanex in the 2nd quarter worth $33,000. Finally, Acadian Asset Management LLC grew its holdings in shares of Methanex by 225,333.3% in the 1st quarter. Acadian Asset Management LLC now owns 33,815 shares of the specialty chemicals company's stock worth $1,183,000 after acquiring an additional 33,800 shares during the last quarter. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Methanex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were given a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Monday, June 16th. Methanex's dividend payout ratio (DPR) is presently 24.83%.

Methanex Company Profile

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.