Methanex (MX) Stock Price, News & Analysis

Company Overview

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.

Key Stats

• Today's Range: C$80.25 to C$84.03
• 50-Day Range: C$74.24 to C$90.57
• 52-Week Range: C$44.57 to C$92.97
• Volume: 164,433 shs
• Average Volume: 317,275 shs
• Market Capitalization: C$6.22 billion
• P/E Ratio: N/A
• Dividend Yield: 0.92%
• Price Target: C$50.00
• Consensus Rating: Moderate Buy

Methanex Stock Analysis - MarketRank™

Methanex scored higher than 50% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Methanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 1 buy rating, 3 hold ratings, and no sell ratings.

Downside Risk

Methanex has a consensus price target of C$50.00, representing about 37.8% downside from its current price of C$80.34.

Amount of Analyst Coverage

Methanex has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Methanex is -110.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Methanex is -110.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Methanex has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Methanex has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Methanex pays a meaningful dividend of 1.20%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Methanex does not have a long track record of dividend growth.

News and Social Media

• Score: 4.5 / 5
• News Sentiment: 1.20

News Sentiment

Methanex has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Methanex this week, compared to 1 article on an average week.

Search Interest

28 people have searched for MX on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.

MarketBeat Follows

2 people have added Methanex to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.5 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net C$22,288,875.00 in company stock, which represents 0.3586% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Methanex insiders have bought 1,654.13% more of their company's stock than they have sold. Specifically, they have bought C$23,636,345.00 in company stock and sold C$1,347,470.00 in company stock.

Percentage Held by Insiders

0.35% of the stock of Methanex is held by insiders.

Percentage Held by Institutions

53.43% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Chemicals
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:MX
• CIK: N/A
• Web: www.methanex.com
• Phone: +1-604-6612600
• Fax: N/A
• Employees: 900
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Methanex: C$50.00
• High Price Target: C$60.00
• Low Price Target: C$40.00
• Potential Upside/Downside: -37.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.51
• P/E Growth: 0.44
• Net Income: C$107.23 million
• Net Margins: -1.26%
• Pretax Margin: N/A
• Return on Equity: -1.84%
• Return on Assets: 1.99%

Debt

• Debt-to-Equity Ratio: 143.44
• Current Ratio: 1.96
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: C$3.67 billion
• Price / Sales: 1.70
• Cash Flow: C$22.05 per share
• Price / Cash Flow: 3.64
• Book Value: C$34.96 per share
• Price / Book: 2.30

Miscellaneous

• Outstanding Shares: 77,364,000
• Free Float: N/A
• Market Cap: C$6.22 billion
• Optionable: Not Optionable
• Beta: 0.56