NASDAQ:MEOH - Methanex Stock Price, Price Target & More

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$69.15 +1.10 (+1.62 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$68.05
Today's Range$68.10 - $69.55
52-Week Range$39.47 - $72.20
Volume324,700 shs
Average Volume680,959 shs
Market Capitalization$5.73 billion
P/E Ratio14.50
Dividend Yield1.89%
Beta1.65
Methanex logoMethanex 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
SymbolNASDAQ:MEOH
CUSIPN/A
Phone604-661-2600

Debt

Debt-to-Equity Ratio0.78
Current Ratio1.75
Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio14.50
Forward P/E Ratio12.39
P/E Growth0.83

Sales & Book Value

Annual Sales$3.06 billion
Price / Sales1.86
Cash Flow$7.5739 per share
Price / Cash9.13
Book Value$20.79 per share
Price / Book3.33

Profitability

EPS (Most Recent Fiscal Year)$4.71
Net Income$316.13 million
Net Margins11.00%
Return on Equity24.47%
Return on Assets9.46%

Miscellaneous

Employees1,357
Outstanding Shares82,190,000

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 Wednesday, April 25th. Shareholders of record on Saturday, June 16th will be paid a dividend of $0.33 per share on Saturday, June 30th. This represents a $1.32 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, June 14th. 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 allows the company to buyback 6,590,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

How were Methanex's earnings last quarter?

Methanex Co. (NASDAQ:MEOH) posted its quarterly earnings results on Wednesday, April, 25th. The specialty chemicals company reported $2.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.08 by $0.05. The specialty chemicals company had revenue of $962 million for the quarter, compared to analyst estimates of $965.83 million. Methanex had a net margin of 11.00% and a return on equity of 24.47%. Methanex's revenue was up 18.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.56 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, July, 25th 2018. View Earnings Estimates for Methanex.

What price target have analysts set for MEOH?

12 Wall Street analysts have issued 1-year price targets for Methanex's stock. Their forecasts range from $44.00 to $80.00. On average, they anticipate Methanex's stock price to reach $67.4091 in the next year. View Analyst Ratings for Methanex.

Who are some of Methanex's key competitors?

Who are Methanex's key executives?

Methanex's management team includes the folowing people:
  • Mr. John N. Floren, Pres, CEO & Director (Age 59)
  • 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 Price, Gen. Counsel & Corp. Sec.

Has Methanex been receiving favorable news coverage?

Press coverage about MEOH stock has been trending positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Methanex earned a news sentiment score of 0.43 on Accern's scale. They also assigned media coverage about the specialty chemicals company an impact score of 48.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Methanex's major shareholders?

Methanex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include M&G INVESTMENT MANAGEMENT LTD (19.47%), M&G INVESTMENT MANAGEMENT LTD (18.44%), Boston Partners (4.51%), Royal Bank of Canada (2.38%), Neuberger Berman Group LLC (1.53%) and Great West Life Assurance Co. Can (1.34%). View Institutional Ownership Trends for Methanex.

Which major investors are selling Methanex stock?

MEOH stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, FIL Ltd, Neuberger Berman Group LLC, Royal Bank of Canada, AGF Investments Inc., Becker Capital Management Inc., State of Wisconsin Investment Board and Great West Life Assurance Co. Can. View Insider Buying and Selling for Methanex.

Which major investors are buying Methanex stock?

MEOH stock was acquired by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., Brightline Capital Management LLC, O Shaughnessy Asset Management LLC, JPMorgan Chase & Co., Systematic Financial Management LP, Korea Investment CORP, Toronto Dominion Bank and Franklin Resources Inc.. View Insider Buying and Selling for Methanex.

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 $69.15.

How big of a company is Methanex?

Methanex has a market capitalization of $5.73 billion and generates $3.06 billion in revenue each year. The specialty chemicals company earns $316.13 million in net income (profit) each year or $4.71 on an earnings per share basis. Methanex employs 1,357 workers across the globe.

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 (MEOH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  468 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  905
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 6/20/2018 by MarketBeat.com Staff

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