NASDAQ:MEOH - Methanex Stock Price, News, & Analysis

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$54.40 -2.99 (-5.21 %)
(As of 04/26/2019 02:26 AM ET)
Previous Close$57.39
Today's Range$53.61 - $57.63
52-Week Range$45.48 - $83.23
Volume860,500 shs
Average Volume432,942 shs
Market Capitalization$4.20 billion
P/E Ratio7.93
Dividend Yield2.30%
Beta1.55
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.

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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$9.5606 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$4.20 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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, April 25th. Investors of record on Sunday, June 16th will be given a dividend of $0.36 per share on Sunday, June 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from Methanex's previous quarterly dividend of $0.33. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 6th 2018, which authorizes the company to repurchase 6,590,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its quarterly earnings results on Wednesday, April, 24th. The specialty chemicals company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.02. The specialty chemicals company earned $773 million during the quarter, compared to the consensus estimate of $790 million. Methanex had a return on equity of 31.00% and a net margin of 14.48%. Methanex's quarterly revenue was down 19.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.03 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, July 24th 2019. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

14 Wall Street analysts have issued 12-month price objectives for Methanex's shares. Their forecasts range from $45.00 to $90.00. On average, they anticipate Methanex's stock price to reach $74.6923 in the next year. This suggests a possible upside of 37.3% 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, 7 hold ratings and 6 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 stories about MEOH stock have trended neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned news headlines about the specialty chemicals company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Methanex?

Methanex saw a decline in short interest in April. As of April 15th, there was short interest totalling 851,853 shares, a decline of 28.6% from the March 29th total of 1,193,623 shares. Based on an average daily trading volume, of 340,862 shares, the short-interest ratio is presently 2.5 days. 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), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and YY (YY).

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
  • Kim Campbell, Mang. of Investor Relations

Who are Methanex's major shareholders?

Methanex's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.38%), Westbourne Investment Advisors Inc. (0.05%), Virginia Retirement Systems ET AL (0.04%), Oppenheimer & Co. Inc. (0.02%), BB&T Corp (0.02%) and Eqis Capital Management Inc. (0.01%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL, Oppenheimer & Co. Inc. and BB&T Corp.

Which institutional investors are buying Methanex stock?

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Westbourne Investment Advisors Inc., Eqis Capital Management Inc. and Brinker Capital 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, Scottrade, Fidelity and Charles Schwab.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $54.40.

How big of a company is Methanex?

Methanex has a market capitalization of $4.20 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.

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:  2.7 out of 5 (star star)
Outperform Votes:  608 (Vote Outperform)
Underperform Votes:  536 (Vote Underperform)
Total Votes:  1,144
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 4/26/2019 by MarketBeat.com Staff

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