Equities Analysts Issue Forecasts for Methanex Q1 Earnings

Methanex Co. (NASDAQ:MEOH) (TSE:MX) – Analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Methanex in a report issued on Monday, February 17th. Zacks Research analyst R. Department now expects that the specialty chemicals company will earn $1.26 per share for the quarter, up from their previous estimate of $0.89. The consensus estimate for Methanex’s current full-year earnings is $4.21 per share. Zacks Research also issued estimates for Methanex’s Q2 2025 earnings at $0.80 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.04 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $1.13 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.38 EPS and FY2026 earnings at $4.34 EPS.

Methanex (NASDAQ:MEOH) (TSE:MX) last issued its earnings results on Wednesday, January 29th. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.30. Methanex had a net margin of 4.41% and a return on equity of 10.97%.

Other analysts also recently issued research reports about the stock. Piper Sandler upped their price target on shares of Methanex from $68.00 to $71.00 and gave the company an “overweight” rating in a research report on Tuesday, November 19th. CIBC upped their price target on shares of Methanex from $59.00 to $63.00 and gave the company an “outperformer” rating in a research report on Monday, February 3rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $55.00 price target on shares of Methanex in a research report on Friday, January 31st. UBS Group upped their price target on shares of Methanex from $53.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Barclays upped their price target on shares of Methanex from $54.00 to $57.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $62.25.

Methanex Trading Down 1.8 %

Shares of Methanex stock opened at $45.65 on Thursday. The company has a fifty day simple moving average of $48.94 and a 200-day simple moving average of $44.96. Methanex has a 12-month low of $36.13 and a 12-month high of $56.43. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 19.76 and a beta of 1.36. The company has a current ratio of 2.62, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01.

Methanex Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.185 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.74 annualized dividend and a dividend yield of 1.62%. Methanex’s payout ratio is currently 32.03%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio lifted its holdings in shares of Methanex by 98.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 52,370 shares of the specialty chemicals company’s stock worth $2,616,000 after acquiring an additional 25,973 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Methanex by 1.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 71,134 shares of the specialty chemicals company’s stock worth $3,552,000 after acquiring an additional 965 shares during the period. Two Sigma Advisers LP purchased a new position in shares of Methanex during the 4th quarter worth about $934,000. Two Sigma Investments LP purchased a new position in Methanex in the fourth quarter valued at approximately $2,521,000. Finally, State of Wyoming purchased a new position in Methanex in the fourth quarter valued at approximately $129,000. 73.49% of the stock is currently owned by hedge funds and other institutional investors.

About Methanex

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.