Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Stock analysts at Jefferies Financial Group lowered their Q1 2019 earnings per share (EPS) estimates for Methanex in a research note issued to investors on Monday, April 1st. Jefferies Financial Group analyst L. Alexander now anticipates that the company will post earnings per share of $0.63 for the quarter, down from their previous estimate of $1.16. Jefferies Financial Group also issued estimates for Methanex’s Q2 2019 earnings at $1.09 EPS, Q3 2019 earnings at $1.61 EPS, Q4 2019 earnings at $1.73 EPS, FY2019 earnings at $5.05 EPS, Q1 2020 earnings at $2.09 EPS, Q2 2020 earnings at $2.26 EPS, Q3 2020 earnings at $1.81 EPS, Q4 2020 earnings at $2.55 EPS and FY2020 earnings at $8.71 EPS.
Shares of Methanex stock opened at C$79.09 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.20 and a debt-to-equity ratio of 91.64. Methanex has a twelve month low of C$62.48 and a twelve month high of C$107.07. The stock has a market capitalization of $6.08 billion and a P/E ratio of 11.43.
Methanex (TSE:MX) (NASDAQ:MEOH) last announced its quarterly earnings results on Wednesday, January 30th. The company reported C$1.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$2.34 by C($0.82). The company had revenue of C$1.29 billion during the quarter.
The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 31st. Shareholders of record on Sunday, March 17th were paid a dividend of $0.433 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.73 annualized dividend and a yield of 2.19%. Methanex’s dividend payout ratio (DPR) is currently 19.07%.
Methanex Company Profile
Methanex Corporation produces and sells methanol in North America, the Asia Pacific, Europe, and South America. It also purchases and sells methanol produced by others under methanol offtake contracts and on the spot market. The company was founded in 1968 and is headquartered in Vancouver, Canada.
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