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

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$58.17 +0.41 (+0.71 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$57.76
Today's Range$57.21 - $58.24
52-Week Range$45.48 - $83.23
Volume285,197 shs
Average Volume428,527 shs
Market Capitalization$4.49 billion
P/E Ratio8.48
Dividend Yield2.29%
Beta1.55
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$10.3505 per share
Book Value$23.40 per share

Profitability

Net Income$568.98 million

Miscellaneous

Employees1,426
Market Cap$4.49 billion
Next Earnings Date4/24/2019 (Confirmed)
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. Shareholders 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 yield of 2.27%. The ex-dividend date of this dividend 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 buyback 6,590,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) released its quarterly earnings data on Wednesday, January, 30th. The specialty chemicals company reported $1.15 EPS for the quarter, missing the Zacks' consensus estimate of $1.75 by $0.60. The specialty chemicals company had revenue of $977 million for the quarter, compared to analyst estimates of $986.13 million. Methanex had a return on equity of 31.00% and a net margin of 14.48%. The firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.70 earnings per share. 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.

How can I listen to Methanex's earnings call?

Methanex will be holding an earnings conference call on Thursday, April 25th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for MEOH?

13 analysts have issued 12 month price targets for Methanex's stock. Their forecasts range from $62.00 to $90.00. On average, they anticipate Methanex's stock price to reach $77.1667 in the next twelve months. This suggests a possible upside of 32.7% 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 positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Methanex earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned news stories about the specialty chemicals company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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), 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
  • Kim Campbell, Mang. of Investor Relations

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.38%), Westbourne Investment Advisors Inc. (0.05%) and Eqis Capital Management Inc. (0.01%).

Which institutional investors are buying Methanex stock?

MEOH stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Westbourne Investment Advisors Inc. and Eqis Capital 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 $58.17.

How big of a company is Methanex?

Methanex has a market capitalization of $4.49 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:  2.7 out of 5 (star star)
Outperform Votes:  605 (Vote Outperform)
Underperform Votes:  534 (Vote Underperform)
Total Votes:  1,139
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 4/19/2019 by MarketBeat.com Staff

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