Zacks Research Issues Positive Outlook for Methanex Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Analysts at Zacks Research boosted their Q3 2026 earnings estimates for Methanex in a report issued on Monday, August 17th. Zacks Research analyst Team now expects that the company will earn $4.30 per share for the quarter, up from their prior forecast of $2.64. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Zacks Research also issued estimates for Methanex’s Q4 2026 earnings at $2.41 EPS, FY2026 earnings at $11.84 EPS, Q1 2027 earnings at $3.08 EPS, Q2 2027 earnings at $2.86 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $1.14 EPS, FY2027 earnings at $8.09 EPS, Q1 2028 earnings at $1.36 EPS, Q2 2028 earnings at $2.80 EPS and FY2028 earnings at $6.03 EPS.

Methanex (TSE:MX) (NASDAQ:MEOH) last posted its earnings results on Tuesday, July 28th. The company reported C$5.50 EPS for the quarter. The business had revenue of C$1.98 billion during the quarter. Methanex had a net margin of 2.05% and a return on equity of 3.50%.

A number of other research firms have also recently commented on MX. National Bank Financial upgraded Methanex to a “strong-buy” rating in a research report on Monday, July 13th. Canadian Imperial Bank of Commerce raised Methanex from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$60.00.

Methanex Price Performance

TSE MX opened at C$81.81 on Monday. The stock has a market capitalization of C$6.33 billion, a price-to-earnings ratio of 92.97, a PEG ratio of 0.44 and a beta of 0.62. Methanex has a 1-year low of C$45.01 and a 1-year high of C$92.97. The company has a debt-to-equity ratio of 122.11, a current ratio of 2.07 and a quick ratio of 1.59. The business’s fifty day moving average price is C$74.36 and its 200-day moving average price is C$76.82.

Insider Transactions at Methanex

In other news, Director Alejandro Larrive sold 2,000 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of C$83.92, for a total transaction of C$167,840.00. Following the completion of the sale, the director owned 10,009 shares of the company’s stock, valued at C$839,955.28. The trade was a 16.65% decrease in their position. Also, insider Sunil Jagwani acquired 24,255 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were acquired at an average cost of C$82.23 per share, with a total value of C$1,994,488.65. Following the transaction, the insider owned 2,595,255 shares in the company, valued at approximately C$213,407,818.65. This trade represents a 0.94% increase in their ownership of the stock. Insiders have acquired 50,000 shares of company stock worth $4,106,443 in the last 90 days. 0.35% of the stock is currently owned by insiders.

Methanex Company Profile

Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol ‘MX’ and on the Nasdaq Global Select Market in the United States under the trading symbol ‘MEOH’. Methanex can be visited online at www.methanex.com.