Methanex Company Profile (NASDAQ:MEOH)

About Methanex

Methanex logoMethanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Specialty Chemicals
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MEOH
  • CUSIP:
Key Metrics:
  • Previous Close: $52.50
  • 50 Day Moving Average: $48.35
  • 200 Day Moving Average: $39.31
  • 52-Week Range: $26.83 - $52.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.91
  • P/E Growth: 1.17
  • Market Cap: $4.63B
  • Outstanding Shares: 89,825,000
  • Beta: 1.91
Profitability:
  • Net Margins: -0.63%
  • Return on Equity: -1.82%
  • Return on Assets: -0.75%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 1.69%
  • Quick Ratio: 1.23%
Additional Links:
Companies Related to Methanex:

Analyst Ratings

Consensus Ratings for Methanex (NASDAQ:MEOH) (?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $51.30 (0.58% downside)

Analysts' Ratings History for Methanex (NASDAQ:MEOH)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Jefferies Group LLCReiterated RatingBuy$60.00View Rating Details
1/30/2017Cowen and CompanyBoost Price TargetOutperform$51.00 -> $57.00View Rating Details
1/27/2017Raymond James Financial, Inc.Boost Price TargetMarket Perform$48.00 -> $53.00View Rating Details
1/27/2017RBC Capital MarketsReiterated RatingSector Perform$42.00 -> $57.00View Rating Details
1/27/2017Royal Bank Of CanadaBoost Price TargetSector Perform$42.00 -> $57.00View Rating Details
1/27/2017BMO Capital MarketsReiterated RatingBuy$57.00View Rating Details
1/3/2017Citigroup Inc.DowngradeMarket Perform$48.00View Rating Details
12/15/2016ScotiabankReiterated RatingSector Perform$47.00View Rating Details
10/28/2016TD SecuritiesDowngradeBuy -> Hold$39.00 -> $40.00View Rating Details
10/24/2016CIBCDowngradeSector Outperform -> Sector PerformView Rating Details
1/19/2016Monness Crespi & HardtDowngradeBuy -> NeutralView Rating Details
9/21/2015Howard WeilInitiated CoverageOutperformView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Methanex (NASDAQ:MEOH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2017Q416$0.20$0.46$544.94 million$585.00 millionViewN/AView Earnings Details
10/26/2016Q316($0.21)($0.01)$2.09 million$2.48 millionViewN/AView Earnings Details
7/28/2016Q216($0.25)($0.34)$422.82 million$468.00 millionViewN/AView Earnings Details
4/27/2016Q116($0.19)($0.27)$445.80 millionViewN/AView Earnings Details
1/27/2016Q415$0.18$0.16$535.98 millionViewListenView Earnings Details
10/28/2015Q315$0.38$0.26$604.49 millionViewListenView Earnings Details
7/29/2015Q215$0.72$0.56$639.19 million$637.80 millionViewListenView Earnings Details
4/29/2015Q115$0.40$0.09$612.80 millionViewN/AView Earnings Details
1/28/2015Q414$0.94$1.11$766.10 millionViewN/AView Earnings Details
10/30/2014Q314$0.66$0.69$685.80 million$730.00 millionViewN/AView Earnings Details
8/1/2014$1.02$1.01ViewN/AView Earnings Details
5/1/2014$1.84$1.50ViewN/AView Earnings Details
1/29/2014Q4$1.51$1.72ViewN/AView Earnings Details
1/31/2013Q412$0.55$0.64$713.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Methanex (NASDAQ:MEOH)
Current Year EPS Consensus Estimate: $3.44 EPS
Next Year EPS Consensus Estimate: $3.46 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20168($0.42)$0.76$0.18
Q2 20165($0.28)$0.64$0.12
Q3 20165($0.22)$0.66$0.23
Q4 20165($0.04)$0.82$0.43
Q1 20175$0.43$1.01$0.79
Q2 20175$0.14$0.91$0.64
Q3 20175$0.23$0.92$0.65
Q4 20173$0.67$0.94$0.78
Q1 20181$0.66$0.66$0.66
Q2 20181$1.22$1.22$1.22
Q3 20181$0.70$0.70$0.70
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Methanex (NASDAQ:MEOH)
Annual Dividend:$1.10
Dividend Yield:2.13%
Payout Ratio:-846.15% (Based on Trailing 12 Months of Earnings)
31.98% (Based on Current Year Consensus EPS Estimate)
31.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for Methanex (NASDAQ:MEOH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.282.19%3/15/20173/17/20173/31/2017
11/18/2016quarterly$0.282.9%12/14/201612/17/201612/31/2016
7/15/2016quarterly$0.283.74%9/14/20169/16/20169/30/2016
4/29/2016quarterly$0.283.15%6/14/20166/16/20166/30/2016
1/29/2016quarterly$0.284.15%3/15/20163/17/20163/31/2016
11/20/2015quarterly$0.282.98%12/15/201512/17/201512/31/2015
7/17/2015quarterly$0.282.28%9/14/20159/16/20159/30/2015
5/1/2015quarterly$0.281.81%6/12/20156/16/20156/30/2015
1/30/2015quarterly$0.252.27%3/13/20153/17/20153/31/2015
12/1/2014quarterly$0.251.97%12/15/201412/17/201412/31/2014
7/18/2014quarterly$0.251.51%9/12/20149/16/20149/30/2014
4/29/2014quarterly$0.251.61%6/12/20146/16/20146/30/2014
1/30/2014quarterly$0.201.34%3/13/20143/17/20143/31/2014
11/29/2013quarterly$0.201.3%12/13/201312/17/201312/31/2013
7/19/2013quarterly$0.201.76%9/12/20139/16/20139/30/2013
4/25/2013quarterly$0.201.9%6/12/20136/16/20136/30/2013
1/31/2013quarterly$0.192.11%3/13/20133/17/20133/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Methanex (NASDAQ:MEOH)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Methanex (NASDAQ:MEOH)
DateHeadline
prnewswire.com logoTechnical Roundup on Specialty Chemicals Stocks -- Olin, Westlake Chemical, WR Grace, and Methanex - PR Newswire (press release) (NASDAQ:MEOH)
www.prnewswire.com - February 22 at 8:15 AM
finance.yahoo.com logoAir Products (APD) to Showcase New Mobile Nitrogen Pumpers (NASDAQ:MEOH)
finance.yahoo.com - February 22 at 8:15 AM
finance.yahoo.com logoValmont's (VMI) Q4 Earnings & Revenues Top Estimates (NASDAQ:MEOH)
finance.yahoo.com - February 22 at 8:15 AM
News IconMethanex Corporation (NASDAQ:MEOH) EPS Estimate At $1.79 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 18 at 5:44 PM
News IconMethanex Corporation (NASDAQ:MEOH) Target Price At $47.071 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 17 at 2:34 PM
finance.yahoo.com logoReliance Steel (RS) Tops Q4 Earnings & Sales Estimates (NASDAQ:MEOH)
finance.yahoo.com - February 17 at 2:34 PM
News IconTrump meets Trudeau: Why Canada matters to Louisiana (NASDAQ:MEOH)
www.nola.com - February 14 at 12:38 AM
News IconMethanex Corporation (NASDAQ:MEOH) Price Target Set At $47.071 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 11 at 6:36 PM
News IconEPS Forecast Of Methanex Corporation (NASDAQ:MEOH) Set At $1.79 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 10 at 12:33 AM
News IconMethanex Corporation (NASDAQ:MEOH) Stock ABR At 2.71 | Stock ... - Stock Observer (NASDAQ:MEOH)
www.thestockobserver.com - February 10 at 12:33 AM
News IconMethanex: V’zuela gas not coming now to T&T* (NASDAQ:MEOH)
www.trinidadexpress.com - February 8 at 5:52 AM
News IconMethanex Corporation (NASDAQ:MEOH) Price Target At $47.071 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 8 at 12:50 AM
News IconMethanex Corporation (NASDAQ:MEOH) Projected EPS At $1.07 ... - Stock Observer (NASDAQ:MEOH)
www.thestockobserver.com - February 8 at 12:50 AM
News IconPrice Target Of Methanex Corporation (NASDAQ:MEOH)At $47.071 ... - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - February 4 at 12:19 AM
finance.yahoo.com logoWhy Methanex (MEOH) Could Be Positioned for a Surge? (NASDAQ:MEOH)
finance.yahoo.com - February 3 at 7:15 PM
capitalcube.com logoMethanex Corp. : MEOH-US: Dividend Analysis : December 17th, 2016 (record date) : By the numbers : February 1, 2017 (NASDAQ:MEOH)
www.capitalcube.com - February 1 at 7:23 PM
News IconMethanex Corporation (NASDAQ:MEOH) Mean Price Target At $46.214 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - January 31 at 12:15 AM
capitalcube.com logoMethanex Corp. :MEOH-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NASDAQ:MEOH)
www.capitalcube.com - January 30 at 7:12 PM
News IconCowen Just Issued "Outperform" Rating on Methanex Corporation (USA) (MEOH) - Highland Mirror (NASDAQ:MEOH)
www.highlandmirror.com - January 30 at 9:50 AM
News IconMethanex indicated as Market Perform By Raymond James (NASDAQ:MEOH)
flapship.com - January 29 at 6:55 PM
seekingalpha.com logoMethanex's (MEOH) CEO John Floren on Q4 2016 Results - Earnings Call Transcript (NASDAQ:MEOH)
seekingalpha.com - January 28 at 5:04 AM
News IconMethanex (NASDAQ:MEOH) Receives Market Perform Rating From Raymond James Analysts (NASDAQ:MEOH)
perspectivabetica.com - January 28 at 5:04 AM
News IconMethanex Corporation (MEOH) Shares Gap Up on Analyst Upgrade (NASDAQ:MEOH)
larampadinapoli.com - January 28 at 5:04 AM
realistinvestor.com logoMean Rating Of Methanex Corporation (NASDAQ:MEOH) At $2.67 - RealistInvestor.com (NASDAQ:MEOH)
www.realistinvestor.com - January 28 at 12:03 AM
News IconWhat are Analysts Expecting for Methanex Corporation (NASDAQ:MEOH) Earnings? - Aiken Advocate (NASDAQ:MEOH)
aikenadvocate.com - January 28 at 12:03 AM
News IconMethanex Corporation (NASDAQ:MEOH) Projected EPS At $0.15 - Stock Observer (NASDAQ:MEOH)
www.thestockobserver.com - January 26 at 9:23 PM
News IconMethanex Corporation (NASDAQ:MEOH) to Post $0.15 Earnings Per Share: Analysts - Wall Street Beacon (NASDAQ:MEOH)
wsbeacon.com - January 26 at 9:23 PM
News IconMethanol Market worth 54.16 Billion USD by 2021 (NASDAQ:MEOH)
www.abnewswire.com - January 25 at 7:54 PM
News IconEstimating the intrinsic value of Methanex Corporation (TSX:MX) (NASDAQ:MEOH)
simplywall.st - January 25 at 7:54 PM
us.rd.yahoo.com logoMethanex Reports Higher Fourth Quarter 2016 Earnings and Record Production and Sales Volume (NASDAQ:MEOH)
us.rd.yahoo.com - January 25 at 7:54 PM
us.rd.yahoo.com logo5:10 pm Methanex beats by $0.26, misses on revs (NASDAQ:MEOH)
us.rd.yahoo.com - January 25 at 7:54 PM
sg.finance.yahoo.com logoMethanex beats 4Q profit forecasts (NASDAQ:MEOH)
sg.finance.yahoo.com - January 25 at 7:54 PM
News IconEPS Target Of Methanex Corporation (NASDAQ:MEOH)Set At $1.79 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - January 24 at 7:13 PM
News IconEarnings in Full Force, Analysts Take Aim at Methanex Corporation (NASDAQ:MEOH) - Wall Street Beacon (NASDAQ:MEOH)
wsbeacon.com - January 24 at 7:13 PM
News IconWhat are the Levels Indicating for This Stock: Methanex Corp. (MEOH) - Springdale Times (NASDAQ:MEOH)
springdaletimes.com - January 24 at 7:13 PM
nasdaq.com logoWhy Methanex Corporation (MEOH) Stock Might be a Great Pick - Nasdaq (NASDAQ:MEOH)
www.nasdaq.com - January 24 at 7:13 PM
nasdaq.com logoShould You Sell Methanex Corporation (MEOH) Before Earnings? - Nasdaq (NASDAQ:MEOH)
www.nasdaq.com - January 24 at 7:13 PM
finance.yahoo.com logoWhy Methanex Corporation (MEOH) Could Shock the Market Soon (NASDAQ:MEOH)
finance.yahoo.com - January 24 at 7:13 PM
finance.yahoo.com logoShould You Sell Methanex Corporation (MEOH) Before Earnings? (NASDAQ:MEOH)
finance.yahoo.com - January 24 at 7:13 PM
zacks.com logoStocks Most Likely to Beat Earnings for the Week of January 23rd (NASDAQ:MEOH)
www.zacks.com - January 24 at 4:52 AM
nasdaq.com logoCottage Street Advisors LLC Buys Amazon.com Inc, First Republic Bank, Microsoft Corp, Sells ... (NASDAQ:MEOH)
www.nasdaq.com - January 24 at 4:52 AM
News IconInstitutions Taking Notice Of This Stock in Q4: Methanex Corporation (NASDAQ:MEOH) - Wall Street Beacon (NASDAQ:MEOH)
wsbeacon.com - January 22 at 4:24 AM
News IconAverage True Range Check on Methanex Corp. (MEOH) - Sherwood Daily (NASDAQ:MEOH)
sherwooddaily.com - January 22 at 4:24 AM
News IconTechnical Investor Update on Shares of Methanex Corp. (MEOH) - Springdale Times (NASDAQ:MEOH)
springdaletimes.com - January 22 at 4:24 AM
realistinvestor.com logoMethanex Corporation (NASDAQ:MEOH) Mean Rating At $2.67 (NASDAQ:MEOH)
www.realistinvestor.com - January 20 at 7:18 PM
News IconPrice Target Of Methanex Corporation (NASDAQ:MEOH) At $42.214 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - January 17 at 6:50 PM
News IconTechnical Study: Following Indicators for Methanex Corp. (MEOH) - Springdale Times (NASDAQ:MEOH)
springdaletimes.com - January 17 at 11:50 AM
News IconWill The Needle Move For Methanex Corporation (NASDAQ:MEOH) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:MEOH)
wsbeacon.com - January 17 at 11:50 AM
finance.yahoo.com logoWhat Lies Ahead for PPG Industries (PPG) in Q4 Earnings? (NASDAQ:MEOH)
finance.yahoo.com - January 16 at 8:05 AM
News IconMethanex Corporation (NASDAQ:MEOH) Price Target Set At $42.214 - Transcript Daily (NASDAQ:MEOH)
transcriptdaily.com - January 13 at 7:46 PM

Social

What is Methanex's stock symbol?

Methanex trades on the NASDAQ under the ticker symbol "MEOH."

How often does Methanex pay dividends? What is the dividend yield for Methanex?

Methanex declared a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, March 17th will be given a dividend of $0.275 per share on Friday, March 31st. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, March 15th.

Where is Methanex's stock going? Where will Methanex's stock price be in 2017?

10 brokers have issued twelve-month price targets for Methanex's stock. Their forecasts range from $37.00 to $60.00. On average, they anticipate Methanex's stock price to reach $51.30 in the next twelve months.

What are analysts saying about Methanex stock?

Here are some recent quotes from research analysts about Methanex stock:

  • Jefferies Group LLC analysts commented, "A peak in Chinese coal prices, likely headwinds for olefins in 2018-2019, and risks to methanol pricing appear to have dampened investor sentiment. Methanex shares could prove resilient, nonetheless, given robust cash generation (11% average FCF yield before dividends through 2020E, even with prices pulling back 20%), potential buybacks, and opportunities to bring on capacity faster, and at much lower average cost, than peers." (2/21/2017)
  • According to Zacks Investment Research, "Methanex swung to a loss in the third quarter of 2016. However, loss per share was lower than the Zacks Consensus Estimate. Revenues fell year over year in the quarter, but beat expectations. Methanex should gain from healthy demand fundamentals for methanol. We are also optimistic about its Louisiana project, which is expected to create significant value for shareholders and meaningfully contribute to cash generation.  The company also remains committed to boost shareholder returns." (12/6/2016)

Who owns Methanex stock?

Methanex's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Prudential PLC (19.49%), Guardian Capital LP (4.59%), FMR LLC (2.86%), Fiera Capital Corp (2.43%), FIL Ltd (1.30%) and Russell Investments Group Ltd. (1.03%).

Who sold Methanex stock? Who is selling Methanex stock?

Methanex's stock was sold by a variety of institutional investors in the last quarter, including Guardian Capital LP, Intact Investment Management Inc., Gabelli Funds LLC, Dimensional Fund Advisors LP, Franklin Resources Inc., Public Sector Pension Investment Board, Pinnacle Associates Ltd. and GRT Capital Partners L.L.C..

Who bought Methanex stock? Who is buying Methanex stock?

Methanex's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., FIL Ltd, Fiera Capital Corp, Marshall Wace LLP, Comerica Bank and Dynamic Technology Lab Private Ltd.

How do I buy Methanex stock?

Shares of Methanex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Methanex stock cost?

One share of Methanex stock can currently be purchased for approximately $51.60.

Methanex (NASDAQ:MEOH) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Methanex (NASDAQ:MEOH)

Earnings History Chart

Earnings by Quarter for Methanex (NASDAQ:MEOH)

Dividend History Chart

Dividend Payments by Quarter for Methanex (NASDAQ:MEOH)

Last Updated on 2/23/2017 by MarketBeat.com Staff