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

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$57.72 -2.66 (-4.41 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$57.72
Today's Range$57.57 - $59.85
52-Week Range$45.48 - $83.23
Volume353,905 shs
Average Volume432,058 shs
Market Capitalization$4.46 billion
P/E Ratio8.41
Dividend Yield2.29%
Beta1.55
Methanex Corporation produces and sells methanol in North America, the Asia Pacific, Europe, and South America. It also purchases and sells 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$10.3627 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,357
Market Cap$4.46 billion
Next Earnings Date4/24/2019 (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 Friday, February 1st. Stockholders of record on Sunday, March 17th will be given a dividend of $0.33 per share on Sunday, March 31st. This represents a $1.32 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Thursday, March 14th. View Methanex's Dividend History.

How will Methanex's stock buyback program work?

Methanex declared that its board has initiated a stock buyback program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its earnings results on Wednesday, January, 30th. The specialty chemicals company reported $1.15 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.75 by $0.60. The specialty chemicals company earned $977 million during the quarter, compared to the consensus estimate of $986.13 million. Methanex had a net margin of 14.48% and a return on equity of 31.00%. The firm's revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.70 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, April 24th 2019. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

13 analysts have issued 12 month price targets for Methanex's shares. Their forecasts range from $62.00 to $90.00. On average, they anticipate Methanex's stock price to reach $77.1667 in the next year. This suggests a possible upside of 33.7% 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 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 headlines about MEOH stock have trended neutral this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing 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 media sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the specialty chemicals company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the near future.

Are investors shorting Methanex?

Methanex saw a decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,349,855 shares, a decline of 29.7% from the January 31st total of 1,919,957 shares. Based on an average trading volume of 452,832 shares, the days-to-cover ratio is currently 3.0 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), YY (YY) 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
  • Kim Campbell, Mang. of Investor Relations

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Prudential PLC (16.51%), Connor Clark & Lunn Investment Management Ltd. (3.79%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (1.42%), Norges Bank (1.33%), Canada Pension Plan Investment Board (0.97%) and TD Asset Management Inc. (0.92%).

Which major investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Connor Clark & Lunn Investment Management Ltd., Mackenzie Financial Corp, Strs Ohio, D. E. Shaw & Co. Inc., Fiera Capital Corp, Brightline Capital Management LLC and Gotham Asset Management LLC.

Which major investors are buying Methanex stock?

MEOH stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Scheer Rowlett & Associates Investment Management Ltd., Addenda Capital Inc., Two Sigma Advisers LP, Toronto Dominion Bank, Becker Capital Management Inc. and Bank of New York Mellon Corp.

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 $57.72.

How big of a company is Methanex?

Methanex has a market capitalization of $4.46 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 1,357 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:  2.6 out of 5 (star star)
Outperform Votes:  593 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  1,120
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 3/24/2019 by MarketBeat.com Staff

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