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Methanex Stock Price, News & Analysis (NASDAQ:MEOH)

$35.42
-0.70 (-1.94 %)
(As of 10/21/2019 07:01 AM ET)
Today's Range
$35.40
Now: $35.42
$36.37
50-Day Range
$31.69
MA: $34.95
$38.53
52-Week Range
$30.25
Now: $35.42
$74.94
Volume209,733 shs
Average Volume334,528 shs
Market Capitalization$2.70 billion
P/E Ratio5.16
Dividend Yield3.99%
Beta1.77
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.

Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.93 billion
Cash Flow$10.18 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$2.70 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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Methanex (NASDAQ:MEOH) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.36 per share on Monday, September 30th. This represents a $1.44 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Friday, September 13th. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 6th 2018, which authorizes the company to buyback 6,590,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its earnings results on Wednesday, July, 31st. The specialty chemicals company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.16. The specialty chemicals company had revenue of $734 million for the quarter, compared to the consensus estimate of $719.86 million. Methanex had a return on equity of 18.33% and a net margin of 10.81%. The firm's revenue was down 22.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.75 EPS. View Methanex's Earnings History.

When is Methanex's next earnings date?

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Methanex.

How can I listen to Methanex's earnings call?

Methanex will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MEOH?

14 equities research analysts have issued 12 month price targets for Methanex's stock. Their predictions range from $26.00 to $84.00. On average, they expect Methanex's share price to reach $51.57 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Price Targets for Methanex.

What is the consensus analysts' recommendation for Methanex?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Has Methanex been receiving favorable news coverage?

Headlines about MEOH stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Methanex.

Are investors shorting Methanex?

Methanex saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,390,000 shares, an increase of 29.9% from the August 30th total of 1,070,000 shares. Based on an average daily volume of 438,300 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.8% of the company's stock are sold short. View Methanex's Current Options Chain.

Who are some of Methanex's key competitors?

What other stocks do shareholders of Methanex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Allergan (AGN).

Who are Methanex's key executives?

Methanex's management team includes the folowing people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 60)
  • Mr. Ian P. Cameron, Sr. VP of Fin. & CFO
  • Mr. Michael J. Herz, Sr. VP of Corp. Devel.
  • Ms. Vanessa L. James, Sr. VP of Global Marketing & Logistics
  • Mr. Kevin L. Henderson, Sr. VP of Manufacturing

Who are Methanex's major shareholders?

Methanex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Ingalls & Snyder LLC (0.25%), Winmill & CO. Inc. (0.08%), Assenagon Asset Management S.A. (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and Envestnet Asset Management Inc. (0.01%).

Which major investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Zurcher Kantonalbank Zurich Cantonalbank , Ingalls & Snyder LLC and Envestnet Asset Management Inc..

Which major investors are buying Methanex stock?

MEOH stock was purchased by a variety of institutional investors in the last quarter, including Winmill & CO. Inc..

How do I buy shares of Methanex?

Shares of MEOH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $35.42.

How big of a company is Methanex?

Methanex has a market capitalization of $2.70 billion and generates $3.93 billion in revenue each year. The specialty chemicals company earns $568.98 million in net income (profit) each year or $6.86 on an earnings per share basis. Methanex employs 1,426 workers across the globe.View Additional Information About Methanex.

What is Methanex's official website?

The official website for Methanex is http://www.methanex.com/.

How can I contact Methanex?

Methanex's mailing address is 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1. The specialty chemicals company can be reached via phone at 604-661-2600 or via email at [email protected]


MarketBeat Community Rating for Methanex (NASDAQ MEOH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  639 (Thanks for Voting!)
Underperform Votes:  578 (Thanks for Voting!)
Total Votes:  1,217
MarketBeat's community ratings are surveys of what our community members think about Methanex and other stocks. Vote "Outperform" if you believe MEOH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEOH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2019 by MarketBeat.com Staff

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