Research Analysts Issue Forecasts for Methanex Q1 Earnings

Methanex Co. (NASDAQ:MEOH) (TSE:MX) – Investment analysts at Raymond James reduced their Q1 2025 earnings per share (EPS) estimates for Methanex in a research note issued on Tuesday, April 15th. Raymond James analyst S. Hansen now anticipates that the specialty chemicals company will post earnings of $1.54 per share for the quarter, down from their prior forecast of $1.71. Raymond James currently has a “Outperform” rating and a $40.00 target price on the stock. The consensus estimate for Methanex’s current full-year earnings is $4.32 per share. Raymond James also issued estimates for Methanex’s Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.83 EPS, FY2025 earnings at $2.85 EPS and FY2026 earnings at $4.10 EPS.

Methanex (NASDAQ:MEOH) (TSE:MX) last posted its earnings results on Wednesday, January 29th. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.30. Methanex had a return on equity of 10.97% and a net margin of 4.41%.

A number of other equities analysts have also recently issued reports on the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $55.00 target price on shares of Methanex in a report on Tuesday, April 1st. CIBC decreased their price objective on Methanex from $63.00 to $55.00 and set an “outperformer” rating for the company in a report on Thursday, April 3rd. Scotiabank cut Methanex from a “sector outperform” rating to a “sector perform” rating and cut their target price for the company from $66.00 to $53.00 in a research note on Monday, March 10th. Barclays lowered their price objective on shares of Methanex from $57.00 to $41.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 1st. Finally, UBS Group reduced their target price on shares of Methanex from $66.00 to $53.00 and set a “buy” rating for the company in a report on Monday, April 7th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $49.13.

Methanex Trading Up 0.7 %

NASDAQ:MEOH opened at $27.02 on Thursday. The business’s 50-day simple moving average is $37.24 and its 200-day simple moving average is $42.94. Methanex has a fifty-two week low of $25.46 and a fifty-two week high of $56.43. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.62 and a quick ratio of 2.00. The stock has a market capitalization of $1.82 billion, a PE ratio of 11.70 and a beta of 1.06.

Hedge Funds Weigh In On Methanex

Large investors have recently modified their holdings of the business. XTX Topco Ltd acquired a new stake in shares of Methanex during the 3rd quarter worth approximately $299,000. Y Intercept Hong Kong Ltd bought a new position in shares of Methanex during the 3rd quarter worth about $302,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Methanex in the 3rd quarter valued at about $1,092,000. Barclays PLC increased its position in Methanex by 64.9% in the 3rd quarter. Barclays PLC now owns 20,447 shares of the specialty chemicals company’s stock valued at $845,000 after buying an additional 8,047 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Methanex by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 104,871 shares of the specialty chemicals company’s stock valued at $4,340,000 after buying an additional 1,203 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.

Methanex Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a dividend of $0.185 per share. The ex-dividend date was Monday, March 17th. This represents a $0.74 annualized dividend and a yield of 2.74%. Methanex’s dividend payout ratio is presently 32.03%.

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.