Methanex/MEOH

$47.62

-0.61%
-
1D1W1MYTD1YMAX

About Methanex

Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its two plants in Geismar serve customers in methanol markets. It has two plants in Trinidad, Titan and Atlas that supplies methanol to various methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.

Ticker

MEOH

Sector

Basic Materials

Trading on

NASDAQ

Industry

Chemical Manufacturing

CEO

Richard Sumner

Employees

1,451

Headquarters

Vancouver, Canada

Methanex Metrics

BasicAdvanced
$3.23B
Market cap
18.72
P/E ratio
$2.56
EPS
1.47
Beta
$0.73
Dividend rate
1.54%
Dividend yield
$3.23B
1.47064
$51.42
$38.18
316.54K
$0.73
1.137
0.809
133.536
156.087
28.36%
33.845
4.35%
8.61%
5.54%
18.716
0.868
1.672
1.673
19.887
1.7%
1.52%
1.54%
-13.63%
-48.57%
12%
15.6%

What the Analysts think about Methanex

Analyst Ratings

Majority rating from 11 analysts.
Buy

Price Targets

Average projection from 11 analysts.
14.93% upside
High $62.00
Low $45.00
$47.62
Current price
$54.73
Average price target

Methanex Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
3.62% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$922.4M
12.05%
Net income
$33.4M
38.59%
Profit margin
3.62%
23.97%

Methanex Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 60.6%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.11
$0.60
$0.02
$0.52
-
Expected
$0.94
$0.55
-$0.05
$0.32
$0.40
Surprise
17.74%
8.3%
-139.82%
60.6%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Methanex stock?

Methanex (MEOH) has a market cap of $3.23B as of April 23, 2024.

What is the P/E ratio for Methanex stock?

The price to earnings (P/E) ratio for Methanex (MEOH) stock is 18.72 as of April 23, 2024.

Does Methanex stock pay dividends?

Yes, the Methanex (MEOH) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $0.73 and the yield is 1.54%. Methanex has a payout ratio of 28.36% on a trailing twelve-month basis.

When is the next Methanex dividend payment date?

The next Methanex (MEOH) dividend payment date is unconfirmed.

What is the beta indicator for Methanex?

Methanex (MEOH) has a beta rating of 1.47. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Methanex stock price target?

The target price for Methanex (MEOH) stock is $54.73, which is 14.83% above the current price of $47.66. This is an average based on projections from 11 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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