Scotiabank Has Negative Outlook of Methanex FY2026 Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities researchers at Scotiabank decreased their FY2026 EPS estimates for Methanex in a report released on Friday, January 23rd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $6.18 per share for the year, down from their prior estimate of $6.26. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.

Methanex (TSE:MX) (NASDAQ:MEOH) last announced its quarterly earnings results on Wednesday, October 29th. The company reported C($0.09) earnings per share for the quarter. The company had revenue of C$1.29 billion for the quarter. Methanex had a return on equity of 7.70% and a net margin of 4.13%.

Separately, Raymond James Financial downgraded Methanex from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$50.00.

Methanex Trading Down 2.6%

TSE MX opened at C$63.65 on Monday. The company has a market capitalization of C$4.92 billion, a price-to-earnings ratio of 21.36, a price-to-earnings-growth ratio of 0.44 and a beta of 1.25. Methanex has a 12 month low of C$36.10 and a 12 month high of C$78.18. The firm’s fifty day moving average price is C$56.60 and its 200 day moving average price is C$52.34. The company has a debt-to-equity ratio of 148.53, a current ratio of 1.34 and a quick ratio of 1.59.

Methanex Company Profile

Methanex Corp manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines.