Methanex Company Profile (TSE:MX)

About Methanex (TSE:MX)

Methanex logoMethanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:MX
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$5.29 billion
  • Outstanding Shares: 88,297,000
Average Prices:
  • 50 Day Moving Avg: C$61.04
  • 200 Day Moving Avg: C$60.41
  • 52 Week Range: C$35.01 - C$69.88
P/E:
  • Trailing P/E Ratio: 37.77
  • P/E Growth: 0.69
Sales & Book Value:
  • Annual Revenue: C$2.37 billion
  • Price / Sales: 2.23
  • Book Value: C$18.60 per share
  • Price / Book: 3.22
Dividend:
  • Dividend Yield: 2.7%
Profitability:
  • EBIDTA: C$443.93 million
Misc:
  • Average Volume: 314,210 shs.
  • Short Ratio: 1.97
 

Frequently Asked Questions for Methanex (TSE:MX)

What is Methanex's stock symbol?

Methanex trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MX."

Where is Methanex's stock going? Where will Methanex's stock price be in 2017?

5 brokers have issued 1-year price targets for Methanex's shares. Their predictions range from C$48.00 to C$73.50. On average, they anticipate Methanex's stock price to reach C$55.10 in the next year. View Analyst Ratings for Methanex.

Who are some of Methanex's key competitors?

How do I buy Methanex stock?

Shares of Methanex and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Methanex stock cost?

One share of Methanex stock can currently be purchased for approximately C$59.87.

Analyst Ratings

Consensus Ratings for Methanex (TSE:MX) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: C$55.10

Analysts' Ratings History for Methanex (TSE:MX)
Show:
DateFirmActionRatingPrice TargetDetails
4/28/2017Royal Bank of CanadaLower Price TargetSector PerformC$73.50View Rating Details
3/21/2017ScotiabankReiterated RatingSector PerformC$51.00View Rating Details
1/27/2017TD SecuritiesBoost Price TargetHoldC$47.00 -> C$50.00View Rating Details
1/3/2017BMO Capital MarketsSet Price TargetOutperformC$53.00View Rating Details
1/3/2017Raymond James Financial, Inc.DowngradeOutperform -> Market PerformC$48.00View Rating Details
7/16/2015CIBCLower Price TargetSector PerformC$59.00 -> C$55.00View Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Methanex (TSE:MX)
Earnings by Quarter for Methanex (TSE:MX)
Earnings History by Quarter for Methanex (TSE:MX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/30/2014$1.04$1.07$911.64 million$856.09 millionViewN/AView Earnings Details
4/29/2014$1.99$1.65$1.12 billion$1.07 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Methanex (TSE:MX)
2017 EPS Consensus Estimate: $3.47
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.58$1.21$0.91
Q2 20173$0.18$1.08$0.70
Q3 20174$0.42$1.21$0.89
Q4 20172$0.91$1.02$0.97
Q1 20181$1.06$1.06$1.06
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Methanex (TSE:MX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/12/2015Quarterly$0.281.63%6/12/20156/30/20156/30/2015
3/13/2015Quarterly$0.251.46%3/13/20153/31/20153/31/2015
11/26/2014quarterly$0.251.87%12/15/201412/17/201412/31/2014
7/17/2014quarterly$0.251.31%9/12/20149/16/20149/30/2014
6/12/2014Quarterly$0.251.54%6/12/20146/30/20146/30/2014
3/13/2014Quarterly$0.201.05%3/13/20143/31/20143/31/2014
11/27/2013quarterly$0.201.32%12/13/201312/17/201312/31/2013
7/18/2013quarterly$0.209/16/20139/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Methanex (TSE:MX)
Insider Trades by Quarter for Methanex (TSE:MX)
Insider Trades by Quarter for Methanex (TSE:MX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Mohamed ShindyDirectorBuy1,500C$43.54C$65,310.00
5/4/2017Douglas James ArnellDirectorBuy500C$58.24C$29,120.00
1/30/2017Wade WigginsDirectorSell150C$49.98C$7,497.00
11/8/2016Wendy BachInsiderBuy4,619C$48.08C$222,081.52
3/3/2016Hussein KhattabInsiderSell3,500C$46.00C$161,000.00
3/2/2016Hussein KhattabInsiderSell3,500C$44.48C$155,680.00
3/1/2016Wade WigginsDirectorSell1,618C$42.66C$69,023.88
2/26/2016Kevin PriceInsiderSell4,500C$43.27C$194,715.00
2/26/2016Rich SumnerDirectorSell8,400C$42.52C$357,168.00
2/2/2016Mohamed ShindyDirectorSell200C$23.78C$4,756.00
12/22/2015Kevin HendersonInsiderSell12,000C$45.25C$543,000.00
12/21/2015Juan Enrique GonzalezDirectorSell12,000C$44.41C$532,920.00
12/17/2015Albert Terence PooleDirectorBuy500C$45.20C$22,600.00
12/9/2015Mohamed ShindyDirectorSell950C$48.96C$46,512.00
11/5/2015Simon Christopher MaddrenInsiderBuy3,000C$42.05C$126,150.00
8/24/2015Phillip Henry CookDirectorBuy3,000C$39.85C$119,538.00
5/15/2015John FlorenDirectorSell12,286C$70.60C$867,391.60
5/11/2015Margaret Reese WalkerDirectorBuy3,076C$58.57C$180,161.32
5/6/2015Ian Peter CameronInsiderSell15,000C$70.86C$1,062,900.00
5/4/2015Ian Peter CameronInsiderSell15,000C$73.96C$1,109,400.00
5/4/2015Vanessa JamesDirectorSell12,000C$74.00C$888,000.00
5/1/2015John FlorenDirectorSell1,200C$60.64C$72,768.00
3/23/2015Harvey WeakeInsiderSell20,000C$65.89C$1,317,800.00
3/17/2015Jone HognestadDirectorSell2,000C$66.31C$132,620.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Methanex (TSE:MX)
Latest Headlines for Methanex (TSE:MX)
Source:
DateHeadline
americanbankingnews.com logoInsider Buying: Methanex Co. (MX) Director Buys 1,500 Shares of Stock
www.americanbankingnews.com - May 16 at 4:28 PM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for May 10th
finance.yahoo.com - May 10 at 12:11 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for May 8th
finance.yahoo.com - May 8 at 12:27 PM
fool.ca logoBecome a TFSA Millionaire With Methanex Corporation and Linamar Corporation
www.fool.ca - May 5 at 7:00 PM
americanbankingnews.com logoDouglas James Arnell Purchases 500 Shares of Methanex Co. (MX) Stock
www.americanbankingnews.com - May 5 at 9:40 AM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for May 2nd
finance.yahoo.com - May 2 at 4:40 PM
finance.yahoo.com logoMethanex (MEOH) Earnings and Sales Beat Estimates in Q1
finance.yahoo.com - May 1 at 12:25 PM
finance.yahoo.com logoWhy Methanex (MEOH) Could Shock the Market Soon
finance.yahoo.com - May 1 at 12:25 PM
americanbankingnews.com logoJefferies Group Weighs in on Methanex Co.'s Q3 2017 Earnings (MX)
www.americanbankingnews.com - May 1 at 8:47 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 27-Apr-17 4:00pm GMT
finance.yahoo.com - April 29 at 7:12 PM
americanbankingnews.com logoRoyal Bank of Canada Trims Methanex Co. (MX) Target Price to C$73.50
www.americanbankingnews.com - April 29 at 3:48 PM
finance.yahoo.com logoCentury Aluminum (CENX) Q1 Loss Narrower than Expectation
finance.yahoo.com - April 28 at 9:05 AM
marketbeat.com logoMethanex beats 1Q profit forecasts
marketbeat.com - April 26 at 6:09 PM
finance.yahoo.com logoWhy Methanex (MEOH) Could Be Positioned for a Surge
finance.yahoo.com - April 20 at 9:49 AM
finance.yahoo.com logoMethanex Corp. – Value Analysis (TORONTO:MX) : April 12, 2017
finance.yahoo.com - April 12 at 7:40 PM
finance.yahoo.com logoMethanex Corp. breached its 50 day moving average in a Bullish Manner : MX-CA : April 11, 2017
finance.yahoo.com - April 11 at 11:05 AM
americanbankingnews.com logoMethanex Co. (MX) Stock Rating Reaffirmed by Royal Bank of Canada
www.americanbankingnews.com - March 28 at 11:22 AM
finance.yahoo.com logoMethanex Comments on 13D Filing by Largest Shareholder
finance.yahoo.com - March 27 at 10:15 AM
americanbankingnews.com logoMethanex Co. (MX) PT Set at C$51.00 by Scotiabank
www.americanbankingnews.com - March 21 at 2:31 PM
americanbankingnews.com logoMethanex Co. (MX) Earns Sector Perform Rating from Scotiabank
www.americanbankingnews.com - March 21 at 7:49 AM
finance.yahoo.com logoResearch Reports Initiated on Chemicals Stocks Methanex, EcoSynthetix, and Argex Titanium
finance.yahoo.com - March 20 at 10:05 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 26-Jan-17 5:00pm GMT
finance.yahoo.com - January 27 at 3:29 AM
finance.yahoo.com logoWhy Methanex Corporation (MEOH) Stock Might be a Great Pick
finance.yahoo.com - January 23 at 10:00 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 27-Oct-16 4:00pm GMT
finance.yahoo.com - October 28 at 9:59 AM
biz.yahoo.com logoQ3 2016 Methanex Corp Earnings Release - After Market Close
biz.yahoo.com - October 26 at 9:41 AM
biz.yahoo.com logoQ2 2016 Methanex Corp Earnings Release - After Market Close
biz.yahoo.com - July 27 at 7:07 AM
finance.yahoo.com logoMethanex (MEOH) Q1 Loss Wider than Expected, Sales Trail
finance.yahoo.com - May 3 at 6:04 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 28-Apr-16 4:00pm GMT
finance.yahoo.com - April 29 at 12:45 AM
biz.yahoo.com logoQ1 2016 Methanex Corp Earnings Release - After Market Close
biz.yahoo.com - April 27 at 7:07 AM
finance.yahoo.com logoEdited Transcript of MX.TO earnings conference call or presentation 28-Jan-16 5:00pm GMT
finance.yahoo.com - January 28 at 9:30 PM
biz.yahoo.com logoQ4 2015 Methanex Corp Earnings Release - After Market Close
biz.yahoo.com - January 27 at 7:07 AM
baystreet.ca logoGDP Due Out in Canada, U.S., Next Week
www.baystreet.ca - January 22 at 5:40 PM
finance.yahoo.com logoU.S. confirms import duties on melamine from China
finance.yahoo.com - December 2 at 2:09 PM

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Chart

Methanex (MX) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff