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

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$45.13 +0.54 (+1.21 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$45.13
Today's Range$44.44 - $45.27
52-Week Range$44.38 - $83.23
Volume216,148 shs
Average Volume421,407 shs
Market Capitalization$3.49 billion
P/E Ratio6.58
Dividend Yield2.83%
Beta1.51
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$9.7054 per share
Book Value$23.08 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$3.49 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 paid 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 3.19%. The ex-dividend date is Thursday, June 13th. This is a boost 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 approved a share buyback program on Tuesday, March 6th 2018, which allows the company to buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, April, 24th. The specialty chemicals company reported $0.73 EPS for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.02. The specialty chemicals company earned $773 million during the quarter, compared to analyst estimates of $790 million. Methanex had a net margin of 11.84% and a return on equity of 24.89%. The company's revenue for the quarter 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?

13 equities research analysts have issued twelve-month target prices for Methanex's shares. Their predictions range from $45.00 to $84.00. On average, they anticipate Methanex's share price to reach $71.00 in the next twelve months. This suggests a possible upside of 57.3% 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 1 sell rating, 7 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 coverage about MEOH stock has trended negative recently, InfoTrie Sentiment reports. 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 publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Methanex earned a news impact score of -2.7 on InfoTrie's scale. They also gave news articles about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Methanex?

Methanex saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,081,107 shares, an increase of 26.9% from the April 15th total of 851,853 shares. Based on an average daily volume of 451,701 shares, the days-to-cover ratio is currently 2.4 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), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Micron Technology (MU), 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
  • Mr. Kevin L. Henderson, Sr. VP of Manufacturing

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (4.20%), Connor Clark & Lunn Investment Management Ltd. (3.46%), AQR Capital Management LLC (2.76%), FIL Ltd (2.17%), Neuberger Berman Group LLC (1.12%) and Fiera Capital Corp (1.04%).

Which institutional investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Morgan Stanley, AJO LP, Janus Henderson Group PLC, Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Acadian Asset Management LLC and Neuberger Berman Group LLC.

Which institutional investors are buying Methanex stock?

MEOH stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Fiera Capital Corp, Wellington Management Group LLP, Scheer Rowlett & Associates Investment Management Ltd., Great West Life Assurance Co. Can, PCJ Investment Counsel Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Cidel Asset Management 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 $45.13.

How big of a company is Methanex?

Methanex has a market capitalization of $3.49 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:  2.6 out of 5 (star star)
Outperform Votes:  612 (Vote Outperform)
Underperform Votes:  544 (Vote Underperform)
Total Votes:  1,156
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 5/25/2019 by MarketBeat.com Staff

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