NASDAQ:MEOH Methanex Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Methanex Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.38 -1.77 (-7.04 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$22.88Now: $23.38▼$24.4250-Day Range$18.50MA: $21.96▼$25.1552-Week Range$9.00Now: $23.38▼$42.19Volume391,010 shsAverage Volume655,480 shsMarket Capitalization$1.78 billionP/E RatioN/ADividend Yield0.60%Beta2.31 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 5 buy ratings, 7 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.62, Methanex has a forecasted upside of 5.3% from its current price of $23.38.Amount of Analyst CoverageMethanex has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesMethanex has received 687 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMethanex has received 652 “underperform” votes. (Add your “underperform” vote.)Community SentimentMethanex has received 51.31% “outperform” votes from our community.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. Previous Next 0.8 Dividend Strength Dividend YieldMethanex has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Methanex is 16.13%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Methanex is held by insiders.Percentage Held by Institutions58.75% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Methanex are expected to grow in the coming year, from ($2.33) to ($0.60) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is -32.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is -32.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMethanex has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.6Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Industrial organic chemicals Sub-IndustryN/A SectorBasic Materials Current SymbolNASDAQ:MEOH Previous Symbol CUSIPN/A CIK886977 Webwww.methanex.com Phone604-661-2600Debt Debt-to-Equity Ratio1.73 Current Ratio2.12 Quick Ratio1.70Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.78 billion Price / Sales0.64 Cash Flow$5.48 per share Price / Cash Flow4.27 Book Value$21.40 per share Price / Book1.09Profitability EPS (Most Recent Fiscal Year)$0.93 Net Income$87.77 million Net Margins-1.66% Return on Equity-4.07% Return on Assets-1.22%Miscellaneous Employees1,544 Outstanding Shares76,196,000Market Cap$1.78 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $23.38 -1.77 (-7.04 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MEOH News and Ratings via Email Sign-up to receive the latest news and ratings for MEOH and its competitors with MarketBeat's FREE daily newsletter. Methanex (NASDAQ:MEOH) Frequently Asked Questions How has Methanex's stock been impacted by COVID-19 (Coronavirus)? Methanex's stock was trading at $17.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MEOH stock has increased by 34.3% and is now trading at $23.38. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Methanex? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 3 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Methanex. When is Methanex's next earnings date? Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Methanex. How were Methanex's earnings last quarter? Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, July, 29th. The specialty chemicals company reported ($0.84) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.04) by $0.20. The specialty chemicals company earned $512 million during the quarter, compared to analyst estimates of $482.39 million. Methanex had a negative net margin of 1.66% and a negative return on equity of 4.07%. The firm's quarterly revenue was down 39.6% on a year-over-year basis. During the same quarter last year, the business earned $0.34 EPS. View Methanex's earnings history. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.038 per share on Wednesday, September 30th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Tuesday, September 15th. This is a positive change from Methanex's previous quarterly dividend of $0.04. View Methanex's dividend history. What price target have analysts set for MEOH? 15 equities research analysts have issued 12 month target prices for Methanex's shares. Their forecasts range from $8.00 to $38.00. On average, they anticipate Methanex's share price to reach $24.62 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View analysts' price targets for Methanex. Who are some of Methanex's key competitors? Some companies that are related to Methanex include NewMarket (NEU), Braskem (BAK), Braskem (BRKMY), Sensient Technologies (SXT), Renewable Energy Group (REGI), Westlake Chemical Partners (WLKP), Codexis (CDXS), Amyris (AMRS), FutureFuel (FF), Green Plains (GPRE), Pacific Ethanol (PEIX), REX American Resources (REX), Solarwindow Technologies (WNDW), Green Plains Partners (GPP) and Landstar (LDSR). View all 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), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV). Who are Methanex's key executives? Methanex's management team includes the following people: Mr. John N. Floren, Pres, CEO & Director (Age 60)Mr. Ian P. Cameron, Sr. VP of Fin. & CFOMr. Michael J. Herz, Sr. VP of Corp. Devel.Ms. Vanessa L. James, Sr. VP of Global Marketing & LogisticsMr. Kevin L. Henderson, Sr. VP of Manufacturing What is Methanex's stock symbol? Methanex trades on the NASDAQ under the ticker symbol "MEOH." Who are Methanex's major shareholders? Methanex's stock is owned by many different institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (19.20%), FIL Ltd (5.96%), Vanguard Group Inc. (2.50%), Great West Life Assurance Co. Can (0.64%), Two Sigma Advisers LP (0.60%) and Intact Investment Management Inc. (0.59%). Which major investors are selling Methanex stock? MEOH stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Point72 Asset Management L.P., Bank of America Corp DE, Toronto Dominion Bank, Nicola Wealth Management LTD., Swiss National Bank, FIL Ltd, and Bank of New York Mellon Corp. Which major investors are buying Methanex stock? MEOH stock was acquired by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, M&G Investment Management Ltd., Great West Life Assurance Co. Can, Balyasny Asset Management LLC, Marshall Wace North America L.P., TD Asset Management Inc., Goldman Sachs Group Inc., and Public Employees Retirement System of Ohio. 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 $23.38. How big of a company is Methanex? Methanex has a market capitalization of $1.78 billion and generates $2.78 billion in revenue each year. The specialty chemicals company earns $87.77 million in net income (profit) each year or $0.93 on an earnings per share basis. Methanex employs 1,544 workers across the globe. What is Methanex's official website? The official website for Methanex is 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
