NASDAQ:MEOH

Methanex Stock Forecast, Price & News

$39.79
+2.47 (+6.62 %)
(As of 04/9/2021 12:00 AM ET)
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Today's Range
$37.79
Now: $39.79
$39.83
50-Day Range
$35.25
MA: $38.85
$43.29
52-Week Range
$12.05
Now: $39.79
$49.27
Volume18,603 shs
Average Volume405,033 shs
Market Capitalization$3.03 billion
P/E RatioN/A
Dividend Yield0.38%
Beta2.2
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. The company was incorporated in 1968 and is headquartered in Vancouver, Canada.
Methanex logo

Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
Current SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600
Employees1,489
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.78 billion
Cash Flow$5.28 per share
Book Value$21.40 per share

Profitability

Net Income$87.77 million

Miscellaneous

Market Cap$3.03 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Methanex (NASDAQ:MEOH) Price Target Raised to $50.00
April 9, 2021 |  americanbankingnews.com
Methanex (NASDAQ:MEOH) Stock Price Down 5.4%
March 18, 2021 |  americanbankingnews.com
Analyzing Methanex's Unusual Options Activity
March 16, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.56 out of 5 stars

Basic Materials Sector

143rd out of 848 stocks

Industrial Organic Chemicals Industry

9th out of 38 stocks

Analyst Opinion: 2.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
$39.79
+2.47 (+6.62 %)
(As of 04/9/2021 12:00 AM ET)
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Methanex (NASDAQ:MEOH) Frequently Asked Questions

Is Methanex a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Methanex stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEOH, but not buy additional shares or sell existing shares.
View analyst ratings for Methanex
or view top-rated stocks.

What stocks does MarketBeat like better than Methanex?

Wall Street analysts have given Methanex a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Methanex wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Methanex?

Methanex saw a drop in short interest in March. As of March 15th, there was short interest totaling 1,120,000 shares, a drop of 34.9% from the February 28th total of 1,720,000 shares. Based on an average daily trading volume, of 415,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.5% of the company's shares are short sold.
View Methanex's Short Interest
.

When is Methanex's next earnings date?

Methanex is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Methanex
.

How can I listen to Methanex's earnings call?

Methanex will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its earnings results on Tuesday, January, 26th. The specialty chemicals company reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.05. The specialty chemicals company earned $811.32 million during the quarter, compared to analyst estimates of $631.91 million. Methanex had a negative trailing twelve-month return on equity of 7.82% and a negative net margin of 4.84%. During the same quarter last year, the business earned $0.13 EPS.
View Methanex's earnings history
.

How has Methanex's stock been impacted by Coronavirus?

Methanex's stock was trading at $17.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MEOH stock has increased by 128.5% and is now trading at $39.79.
View which stocks have been most impacted by COVID-19
.

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

Methanex declared a quarterly dividend on Monday, February 1st. Shareholders of record on Wednesday, March 17th will be given a dividend of $0.0375 per share on Wednesday, March 31st. This represents a $0.15 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend is Tuesday, March 16th. This is an increase from Methanex's previous quarterly dividend of $0.03.
View Methanex's dividend history
.

Is Methanex a good dividend stock?

Methanex pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.38%. Methanex does not yet have a strock track record of dividend growth. The dividend payout ratio of Methanex is 16.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Methanex will have a dividend payout ratio of 7.39% next year. This indicates that Methanex will be able to sustain or increase its dividend.
View Methanex's dividend history.

What price target have analysts set for MEOH?

13 equities research analysts have issued 1 year price objectives for Methanex's stock. Their forecasts range from $11.00 to $60.00. On average, they anticipate Methanex's share price to reach $44.67 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts' price targets for Methanex
or view top-rated stocks among Wall Street analysts.

Who are Methanex's key executives?

Methanex's management team includes the following people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 62)
  • 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
  • Kim Campbell, Director of Investor Relations
  • Mr. Kevin Price, Gen. Counsel & Corp. Sec.
  • Mr. Bradley W. Boyd, Sr. VP of Corp. Resources

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), AT&T (T), Micron Technology (MU), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD) and NIC (EGOV).

What is Methanex's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Methanex's stock price today?

One share of MEOH stock can currently be purchased for approximately $39.79.

How much money does Methanex make?

Methanex has a market capitalization of $3.03 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.

How many employees does Methanex have?

Methanex employs 1,489 workers across the globe.

What is Methanex's official website?

The official website for Methanex is www.methanex.com.

Where are Methanex's headquarters?

Methanex is headquartered at 1800 WATERFRONT CENTER 200 BURRARD STREET, VANCOUVER A1, V6C 3M1.

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 4/12/2021 by MarketBeat.com Staff
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