What is Scotiabank’s Forecast for Methanex FY2026 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities research analysts at Scotiabank lowered their FY2026 earnings estimates for Methanex in a research report issued to clients and investors on Friday, November 28th. Scotiabank analyst B. Isaacson now expects that the company will earn $6.26 per share for the year, down from their prior forecast of $6.36. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.

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

Separately, National Bank Financial raised Methanex to a “strong-buy” rating in a research report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and an average target price of C$46.50.

Methanex Stock Performance

MX opened at C$52.06 on Monday. The company has a quick ratio of 1.59, a current ratio of 1.34 and a debt-to-equity ratio of 148.53. The stock’s 50 day moving average price is C$51.24 and its two-hundred day moving average price is C$49.06. The firm has a market capitalization of C$4.03 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 0.44 and a beta of 1.28. Methanex has a 12-month low of C$36.10 and a 12-month high of C$78.18.

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.