NASDAQ:MEOH - Methanex Stock Price, News & Analysis

$39.48
+3.24 (+8.94 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$37.02
Now: $39.48
$39.64
50-Day Range
$30.49
MA: $33.78
$41.80
52-Week Range
$30.25
Now: $39.48
$83.23
Volume1.30 million shs
Average Volume434,992 shs
Market Capitalization$3.01 billion
P/E Ratio5.76
Dividend Yield3.97%
Beta1.74
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$11.4767 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$3.01 billion
Next Earnings Date10/23/2019 (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 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 3.65%. 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 share repurchase plan 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 plans are usually a sign that the company's board of directors believes its stock is 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 earned $734 million during the quarter, compared to the consensus estimate of $719.86 million. Methanex had a net margin of 10.81% and a return on equity of 18.33%. Methanex's revenue was down 22.7% on a year-over-year basis. During the same period in the prior year, the business earned $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 23rd 2019. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

14 equities research analysts have issued twelve-month target prices for Methanex's shares. Their predictions range from $26.00 to $84.00. On average, they anticipate Methanex's share price to reach $52.4286 in the next twelve months. This suggests a possible upside of 32.8% 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?

News headlines about MEOH stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. 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 news impact score of 0.9 on InfoTrie's scale. They also gave media stories about the specialty chemicals company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 in the month of August. As of August 31st, there was short interest totalling 1,553,400 shares, an increase of 20.5% from the July 31st total of 1,289,100 shares. Based on an average daily trading volume, of 445,800 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.1% of the shares of the stock are short sold. 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), 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 retail and institutional investors. Top institutional shareholders include Prudential PLC (16.72%), Royal Bank of Canada (2.96%), Vanguard Group Inc. (2.95%), Connor Clark & Lunn Investment Management Ltd. (2.94%), Mackenzie Financial Corp (1.61%) and Invesco Ltd. (1.49%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Connor Clark & Lunn Investment Management Ltd., Balyasny Asset Management LLC, Allianz Asset Management GmbH, Bank of New York Mellon Corp, TD Asset Management Inc., APG Asset Management N.V. and Morgan Stanley.

Which institutional investors are buying Methanex stock?

MEOH stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, Mackenzie Financial Corp, Scheer Rowlett & Associates Investment Management Ltd., Becker Capital Management Inc., Capital Fund Management S.A., Russell Investments Group Ltd. and D. E. Shaw & 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 $39.48.

How big of a company is Methanex?

Methanex has a market capitalization of $3.01 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:  631 (Vote Outperform)
Underperform Votes:  570 (Vote Underperform)
Total Votes:  1,201
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 9/16/2019 by MarketBeat.com Staff

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