TSE:MX Methanex (MX) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free MX Stock Alerts C$68.51 +1.43 (+2.13%) (As of 05/7/2024 ET) Add Compare Share Share Today's RangeC$66.75▼C$68.8450-Day RangeC$56.18▼C$69.6052-Week RangeC$50.57▼C$69.85Volume45,316 shsAverage Volume98,980 shsMarket CapitalizationC$4.62 billionP/E Ratio19.57Dividend Yield1.47%Price TargetC$50.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside27.0% DownsideC$50.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based on 7 Articles This WeekInsider TradingSelling SharesC$68,500 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.16 out of 5 stars 1.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMethanex has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MX. Previous Next 1.7 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Methanex is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MX. Previous Next 3.3 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 0.99. 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 0.39 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Methanex this week, compared to 1 article on an average week.Search Interest9 people have searched for MX on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$68,500.00 in company stock.Percentage Held by InsidersOnly 0.33% of the stock of Methanex is held by insiders.Percentage Held by Institutions82.77% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 19.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 19.57, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 134.19.Price to Earnings Growth RatioMethanex has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMethanex has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About Methanex Stock (TSE:MX)Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.Read More MX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MX Stock News HeadlinesMay 2, 2024 | americanbankingnews.comMethanex Co. (TSE:MX) Expected to Post Q2 2024 Earnings of $0.82 Per ShareApril 30, 2024 | finance.yahoo.comMethanex Corporation (NASDAQ:MEOH) Q1 2024 Earnings Call TranscriptMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 27, 2024 | ca.finance.yahoo.comTotalEnergies looking at primary listing in New York, says CEOApril 25, 2024 | finanznachrichten.deMethanex Corporation: Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices IncreaseMarch 16, 2024 | finance.yahoo.comMEOH Apr 2024 45.000 callFebruary 23, 2024 | msn.comTSX Today: What to Watch for in Stocks on Wednesday, February 21February 23, 2024 | finance.yahoo.comMEOH Jul 2024 55.000 callMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. February 20, 2024 | theglobeandmail.comMarket movers: Stocks seeing action on Tuesday Feb. 20 - and whyFebruary 20, 2024 | msn.comMethanex delays production start-up at Louisiana methanol plantFebruary 20, 2024 | msn.comCommercial production at new Methanex plant in Louisiana delayed after problemsFebruary 20, 2024 | finance.yahoo.comMethanex Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaFebruary 16, 2024 | wsj.comMethanex Corp.January 31, 2024 | theglobeandmail.comMethanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up ProcessJanuary 20, 2024 | ca.finance.yahoo.comMEOH Feb 2024 30.000 putJanuary 16, 2024 | finance.yahoo.comMethanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor ConferenceDecember 5, 2023 | ca.finance.yahoo.comMethanex Corporation (MX.TO)November 22, 2023 | msn.comMethanex says Egypt methanol facility impacted by outageNovember 22, 2023 | finance.yahoo.comMethanex Corporation Provides Update on Egypt OperationsNovember 13, 2023 | finance.yahoo.comInvesting in Methanex (TSE:MX) three years ago would have delivered you a 30% gainNovember 12, 2023 | theglobeandmail.comClosing Bell: Methanex Corp up on Wednesday (MX)October 25, 2023 | finance.yahoo.comBe Wary Of Methanex (TSE:MX) And Its Returns On CapitalOctober 20, 2023 | finance.yahoo.comMethanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® AwardsOctober 13, 2023 | msn.comMethanex lowers EBITDA outlook after opening one Trinidad plant, closing anotherOctober 10, 2023 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Methanex StockSeptember 26, 2023 | finance.yahoo.comMethanex Corporation's (TSE:MX) large institutional owners must be happy as stock continues to impress, up 6.3% over the past weekSee More Headlines Receive MX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Methanex and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/24/2024Today5/07/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Chemicals Sub-IndustryN/A Current SymbolTSE:MX CUSIPN/A CIKN/A Webwww.methanex.com Phone+1-604-6612600FaxN/AEmployees1,451Year FoundedN/APrice Target and Rating Average Stock Price TargetC$50.00 High Stock Price TargetC$50.00 Low Stock Price TargetC$50.00 Potential Upside/Downside-27.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.50 Trailing P/E Ratio19.57 Forward P/E Ratio20.64 P/E Growth0.44Net IncomeC$174.14 million Net Margins4.68% Pretax MarginN/A Return on Equity12.35% Return on Assets2.52% Debt Debt-to-Equity Ratio138.70 Current Ratio1.14 Quick Ratio1.59 Sales & Book Value Annual SalesC$3.72 billion Price / Sales1.24 Cash FlowC$18.81 per share Price / Cash Flow3.64 Book ValueC$28.65 per share Price / Book2.39Miscellaneous Outstanding Shares67,390,000Free FloatN/AMarket CapC$4.62 billion OptionableNot Optionable Beta1.94 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Richard W. Sumner (Age 49)President, CEO & Director Comp: $2.5MMr. Dean RichardsonSenior VP of Finance & Chief Financial OfficerMs. Karine DelbarreSenior Vice President of Global Marketing & LogisticsMr. Bradley W. BoydSenior Vice President of Corporate ResourcesMr. Gustavo ParraSenior Vice President of ManufacturingSarah HerriottDirector of Investor RelationsMr. Kevin PriceSenior VP, General Counsel & Corporate SecretaryMr. Kevin M. MaloneySenior Vice President of Corporate DevelopmentMark AllardSenior Vice President of Low Carbon SolutionsRawle RamlochanPlant ManagerMore ExecutivesKey CompetitorsLundin GoldTSE:LUGB2GoldTSE:BTOStella-JonesTSE:SJHudbay MineralsTSE:HBMEldorado GoldTSE:ELDView All CompetitorsInsidersAlejandro LarriveSold 1,000 sharesTotal: C$68,500.00 ($68.50/share)Alejandro LarriveSold 1,000 sharesTotal: C$64,480.00 ($64.48/share)View All Insider Transactions MX Stock Analysis - Frequently Asked Questions Should I buy or sell Methanex stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MX shares. View MX analyst ratings or view top-rated stocks. What is Methanex's stock price target for 2024? 2 analysts have issued 12 month price targets for Methanex's stock. Their MX share price targets range from C$50.00 to C$50.00. On average, they expect the company's share price to reach C$50.00 in the next year. This suggests that the stock has a possible downside of 27.0%. View analysts price targets for MX or view top-rated stocks among Wall Street analysts. How have MX shares performed in 2024? Methanex's stock was trading at C$62.68 on January 1st, 2024. Since then, MX stock has increased by 9.3% and is now trading at C$68.51. View the best growth stocks for 2024 here. When is Methanex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our MX earnings forecast. How were Methanex's earnings last quarter? Methanex Co. (TSE:MX) announced its quarterly earnings results on Wednesday, April, 24th. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.48. The company earned $1.23 billion during the quarter, compared to analysts' expectations of $1.23 billion. Methanex had a net margin of 4.68% and a trailing twelve-month return on equity of 12.35%. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex declared a quarterly dividend on Wednesday, April 24th. Shareholders of record on Friday, June 14th will be paid a dividend of 0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a yield of 1.46%. The ex-dividend date is Friday, June 14th. This is a boost from the stock's previous quarterly dividend of C$0.25. Read our dividend analysis for MX. Is Methanex a good dividend stock? Methanex (TSE:MX) pays an annual dividend of C$1.01 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MX. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Suncor Energy (SU), Air Canada (AC), Magna International (MG), BCE (BCE), Royal Bank of Canada (RY), Canadian National Railway (CNR), Enbridge (ENB) and Canadian Natural Resources (CNQ). How do I buy shares of Methanex? Shares of MX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:MX) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaBiden replacement revealed?Paradigm PressThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Methanex Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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