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NASDAQ:MEOH - Methanex Stock Price, Forecast & News

$38.28
+1.47 (+3.99 %)
(As of 12/13/2019 02:29 AM ET)
Today's Range
$36.43
Now: $38.28
$38.36
50-Day Range
$34.77
MA: $38.17
$41.62
52-Week Range
$30.25
Now: $38.28
$62.97
Volume437,429 shs
Average Volume417,777 shs
Market Capitalization$2.92 billion
P/E Ratio5.58
Dividend Yield3.91%
Beta1.83
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$10.88 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$2.92 billion
Next Earnings Date1/29/2020 (Estimated)
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 declared a quarterly dividend on Thursday, November 21st. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.36 per share on Tuesday, December 31st. This represents a $1.44 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Monday, December 16th. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex announced that its Board of Directors has approved a share repurchase plan on Tuesday, March 6th 2018, which authorizes the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, October, 30th. The specialty chemicals company reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.04 by $0.31. The specialty chemicals company had revenue of $650 million for the quarter, compared to analysts' expectations of $634.75 million. Methanex had a return on equity of 8.64% and a net margin of 7.73%. The company's revenue for the quarter was down 37.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.92 earnings per share. View Methanex's Earnings History.

When is Methanex's next earnings date?

Methanex is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

13 equities research analysts have issued 1 year price targets for Methanex's shares. Their forecasts range from $26.00 to $69.00. On average, they anticipate Methanex's share price to reach $47.08 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Methanex.

What is the consensus analysts' recommendation for Methanex?

13 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Methanex.

Has Methanex been receiving favorable news coverage?

News coverage about MEOH stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Methanex earned a news impact score of -5.0 on InfoTrie's scale. They also assigned media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Methanex.

Are investors shorting Methanex?

Methanex saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 1,970,000 shares, an increase of 8.8% from the November 14th total of 1,810,000 shares. Based on an average trading volume of 390,500 shares, the short-interest ratio is presently 5.0 days. Approximately 2.6% 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), NIC (EGOV), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Allergan (AGN) and Workday (WDAY).

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 many different of institutional and retail investors. Top institutional shareholders include Alberta Investment Management Corp (1.04%), Great West Life Assurance Co. Can (0.71%), Russell Investments Group Ltd. (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), Ingalls & Snyder LLC (0.25%) and Systematic Financial Management LP (0.21%).

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., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., Alberta Investment Management Corp, Great West Life Assurance Co. Can, Systematic Financial Management LP, Zurcher Kantonalbank Zurich Cantonalbank and Sumitomo Mitsui Trust Holdings 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., Man Group plc, Westbourne Investment Advisors Inc., Acorn Wealth Advisors LLC, FNY Investment Advisers LLC and Pictet Asset Management Ltd..

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 $38.28.

How big of a company is Methanex?

Methanex has a market capitalization of $2.92 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:  651 (Vote Outperform)
Underperform Votes:  591 (Vote Underperform)
Total Votes:  1,242
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 12/13/2019 by MarketBeat.com Staff

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