Raymond James Has Bearish Estimate for Methanex Q1 Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Analysts at Raymond James decreased their Q1 2025 earnings per share (EPS) estimates for shares of Methanex in a report issued on Tuesday, April 15th. Raymond James analyst S. Hansen now anticipates that the company will earn $2.19 per share for the quarter, down from their previous estimate of $2.45. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Raymond James also issued estimates for Methanex’s Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $4.05 EPS and FY2026 earnings at $5.82 EPS.

Separately, Scotiabank downgraded Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday, March 10th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Methanex Stock Performance

TSE:MX opened at C$37.44 on Thursday. Methanex has a twelve month low of C$36.10 and a twelve month high of C$78.18. 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 simple moving average is C$52.50 and its 200 day simple moving average is C$60.69. The firm has a market capitalization of C$1.78 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 0.44 and a beta of 1.79.

Insider Transactions at Methanex

In other news, Director Karine Delbarre acquired 1,081 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of C$53.07 per share, for a total transaction of C$57,368.72. Also, Senior Officer Kevin Maloney purchased 1,400 shares of Methanex stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of C$53.55 per share, with a total value of C$74,969.02. Insiders own 0.35% of the company’s stock.

Methanex Company Profile

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities.