Insider Selling: Methanex (TSE:MX) Director Sells C$167,840.00 in Stock

Methanex Co. (TSE:MX) (NASDAQ:MEOH) Director Alejandro Larrive sold 2,000 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of C$83.92, for a total value of C$167,840.00. Following the sale, the director directly owned 10,009 shares of the company’s stock, valued at C$839,955.28. The trade was a 16.65% decrease in their ownership of the stock.

Methanex Stock Up 2.2%

MX stock opened at C$82.86 on Friday. The stock’s fifty day simple moving average is C$74.30 and its two-hundred day simple moving average is C$76.64. The company has a current ratio of 2.07, a quick ratio of 1.59 and a debt-to-equity ratio of 122.11. Methanex Co. has a 1-year low of C$45.01 and a 1-year high of C$92.97. The stock has a market cap of C$6.41 billion, a P/E ratio of 94.16, a P/E/G ratio of 0.44 and a beta of 0.62.

Methanex (TSE:MX) (NASDAQ:MEOH) last announced its quarterly earnings data on Tuesday, July 28th. The company reported C$5.50 earnings per share (EPS) for the quarter. Methanex had a return on equity of 3.50% and a net margin of 2.05%.The firm had revenue of C$1.98 billion during the quarter. Analysts expect that Methanex Co. will post 5.9482927 EPS for the current year.

Methanex News Summary

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Major upward revisions to earnings estimates: Zacks raised its forecast for fiscal 2026 EPS to $11.84 from $9.30, fiscal 2027 EPS to $8.09 from $6.66, and fiscal 2028 EPS to $6.03 from $5.02. The firm also increased estimates for several quarters, including Q3 2026 EPS to $4.30 from $2.64 and Q1 2027 EPS to $3.08 from $0.80. These revisions suggest analysts expect stronger profitability than previously anticipated.
• Positive Sentiment: Improved outlook extends beyond the current year: Zacks lifted Q2 2027 EPS to $2.86 from $2.18, Q1 2028 EPS to $1.36 from $0.66, and Q2 2028 EPS to $2.80 from $1.84. The broad-based revisions may support investor confidence in Methanex’s earnings recovery and future cash generation.
• Positive Sentiment: Analyst sentiment has strengthened: National Bank Financial and Canadian Imperial Bank of Commerce recently upgraded Methanex to “strong buy.” MarketBeat data shows an overall “Buy” consensus rating, which may be contributing to the stock’s recent strength.
• Neutral Sentiment: Forecasts remain uneven: Zacks cut its Q3 2027 EPS estimate to $1.01 from $1.99, indicating that earnings could remain cyclical and sensitive to methanol prices, production conditions and demand.
• Negative Sentiment: Director sold shares: Director Alejandro Larrive sold 2,000 shares for approximately C$167,840, reducing his direct holdings by 16.65%. While the transaction is relatively small, insider selling can be viewed as a modest negative signal. Methanex Director Sells 2,000 Shares
• Negative Sentiment: Valuation and target-price risk: The stock trades at a high reported P/E ratio, while the C$60 consensus price target is well below recent trading levels. This disparity could limit further gains or increase volatility if earnings momentum weakens.

Analyst Upgrades and Downgrades

MX has been the subject of a number of research analyst reports. National Bank Financial upgraded shares of Methanex to a “strong-buy” rating in a report on Monday, July 13th. Canadian Imperial Bank of Commerce upgraded shares of Methanex from a “hold” rating to a “strong-buy” rating in a research note 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 MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$60.00.

About Methanex

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.