Research Analysts Set Expectations for Methanex Q2 Earnings

Methanex Corporation (NASDAQ:MEOH - Free Report) TSE: MX - Investment analysts at Scotiabank increased their Q2 2025 earnings per share (EPS) estimates for shares of Methanex in a note issued to investors on Monday, July 21st. Scotiabank analyst B. Isaacson now expects that the specialty chemicals company will earn $0.33 per share for the quarter, up from their prior forecast of $0.26. Scotiabank has a "Sector Outperform" rating and a $53.00 price target on the stock. The consensus estimate for Methanex's current full-year earnings is $4.32 per share.

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

MEOH has been the subject of a number of other reports. Raymond James Financial set a $45.00 target price on Methanex and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. UBS Group upped their target price on Methanex from $50.00 to $51.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Barclays cut their target price on Methanex from $57.00 to $41.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 1st. Wall Street Zen downgraded Methanex from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Finally, JPMorgan Chase & Co. began coverage on Methanex in a research report on Tuesday, June 10th. They set a "neutral" rating and a $33.00 price objective for the company. Four equities 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $45.63.

Methanex Stock Performance

MEOH stock traded up $0.76 on Wednesday, reaching $34.27. The company's stock had a trading volume of 700,429 shares, compared to its average volume of 560,155. Methanex has a 52 week low of $25.46 and a 52 week high of $54.49. The company has a market capitalization of $2.65 billion, a P/E ratio of 11.50 and a beta of 0.92. The firm has a fifty day moving average of $34.01 and a two-hundred day moving average of $37.60. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.17 and a quick ratio of 2.52.

Hedge Funds Weigh In On Methanex

Several institutional investors have recently bought and sold shares of MEOH. Alberta Investment Management Corp raised its holdings in Methanex by 1,499.0% during the first quarter. Alberta Investment Management Corp now owns 817,100 shares of the specialty chemicals company's stock valued at $28,671,000 after buying an additional 766,000 shares in the last quarter. Norges Bank bought a new position in Methanex during the fourth quarter valued at about $34,119,000. Cubist Systematic Strategies LLC grew its position in shares of Methanex by 2,409.2% in the first quarter. Cubist Systematic Strategies LLC now owns 581,000 shares of the specialty chemicals company's stock valued at $20,388,000 after purchasing an additional 557,845 shares during the last quarter. Encompass Capital Advisors LLC acquired a new stake in shares of Methanex in the fourth quarter valued at about $26,835,000. Finally, Bank of New York Mellon Corp grew its position in shares of Methanex by 41.8% in the first quarter. Bank of New York Mellon Corp now owns 1,276,649 shares of the specialty chemicals company's stock valued at $44,798,000 after purchasing an additional 376,365 shares during the last quarter. 73.49% of the stock is currently owned by institutional investors.

Methanex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be issued a dividend of $0.185 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.74 annualized dividend and a yield of 2.16%. Methanex's dividend payout ratio (DPR) is currently 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.