TSE:MX Methanex (MX) Stock Price, News & Analysis → “Retirement Secret” Showed 995% Gain Last Time We Shared It (From Stansberry Research) (Ad) Free MX Stock Alerts C$65.01 -0.34 (-0.52%) (As of 12:27 PM ET) Add Compare Share Share Today's RangeC$63.66▼C$69.8550-Day RangeC$56.18▼C$69.6052-Week RangeC$50.57▼C$69.85Volume206,189 shsAverage Volume96,013 shsMarket CapitalizationC$4.38 billionP/E Ratio18.57Dividend Yield1.55%Price TargetC$50.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Methanex alerts: Email Address Methanex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside26.9% DownsideC$50.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.53Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.63 out of 5 stars 1.3 Analyst's Opinion Consensus RatingMethanex has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMethanex has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MX. Previous Next 1.7 Dividend Strength Dividend YieldMethanex pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMethanex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Methanex is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MX. Previous Next 3.1 News and Social Media Coverage News SentimentMethanex has a news sentiment score of 1.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Methanex this week, compared to 1 article on an average week.Search InterestOnly 9 people have searched for MX on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Methanex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.33% of the stock of Methanex is held by insiders.Percentage Held by Institutions82.77% of the stock of Methanex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Methanex is 19.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Methanex is 19.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 130.04.Price to Earnings Growth RatioMethanex has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioMethanex has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMysterious Gold Leverage Just AnnouncedWorld's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.Find out what it is and see how you can get in with just a few dollars. About Methanex Stock (TSE:MX)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. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.Read More MX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MX Stock News HeadlinesApril 18, 2024 | americanbankingnews.comQ1 2024 Earnings Estimate for Methanex Co. (TSE:MX) Issued By Raymond JamesApril 17, 2024 | americanbankingnews.comMethanex (MX) Scheduled to Post Earnings on WednesdayApril 25, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItSee this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)March 16, 2024 | finance.yahoo.comMEOH Apr 2024 45.000 callFebruary 23, 2024 | msn.comTSX Today: What to Watch for in Stocks on Wednesday, February 21February 23, 2024 | finance.yahoo.comMEOH Jul 2024 55.000 callFebruary 20, 2024 | theglobeandmail.comMarket movers: Stocks seeing action on Tuesday Feb. 20 - and whyFebruary 20, 2024 | msn.comMethanex delays production start-up at Louisiana methanol plantApril 25, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItSee this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)February 20, 2024 | msn.comCommercial production at new Methanex plant in Louisiana delayed after problemsFebruary 20, 2024 | finance.yahoo.comMethanex Provides Update on Geismar 3 Methanol Plant in Geismar, LouisianaFebruary 16, 2024 | wsj.comMethanex Corp.January 31, 2024 | theglobeandmail.comMethanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up ProcessJanuary 20, 2024 | ca.finance.yahoo.comMEOH Feb 2024 30.000 putJanuary 16, 2024 | finance.yahoo.comMethanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor ConferenceDecember 5, 2023 | ca.finance.yahoo.comMethanex Corporation (MX.TO)November 22, 2023 | msn.comMethanex says Egypt methanol facility impacted by outageNovember 22, 2023 | finance.yahoo.comMethanex Corporation Provides Update on Egypt OperationsNovember 13, 2023 | finance.yahoo.comInvesting in Methanex (TSE:MX) three years ago would have delivered you a 30% gainNovember 12, 2023 | theglobeandmail.comClosing Bell: Methanex Corp up on Wednesday (MX)October 25, 2023 | finance.yahoo.comBe Wary Of Methanex (TSE:MX) And Its Returns On CapitalOctober 20, 2023 | finance.yahoo.comMethanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® AwardsOctober 13, 2023 | msn.comMethanex lowers EBITDA outlook after opening one Trinidad plant, closing anotherOctober 10, 2023 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Methanex StockSeptember 26, 2023 | finance.yahoo.comMethanex Corporation's (TSE:MX) large institutional owners must be happy as stock continues to impress, up 6.3% over the past weekSeptember 18, 2023 | finance.yahoo.comMethanex Corporation Appoints John Sampson to its Board of DirectorsSeptember 10, 2023 | finance.yahoo.comIncome Investors Should Know That Methanex Corporation (TSE:MX) Goes Ex-Dividend SoonSee More Headlines Receive MX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Methanex and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/24/2024Today4/25/2024Next Earnings (Estimated)4/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Chemicals Sub-IndustryN/A Current SymbolTSE:MX CUSIPN/A CIKN/A Webwww.methanex.com Phone+1-604-6612600FaxN/AEmployees1,451Year FoundedN/APrice Target and Rating Average Stock Price TargetC$50.00 High Stock Price TargetC$50.00 Low Stock Price TargetC$50.00 Potential Upside/Downside-26.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.50 Trailing P/E Ratio19.54 Forward P/E Ratio20.60 P/E Growth0.44Net IncomeC$174.14 million Net Margins4.68% Pretax MarginN/A Return on Equity12.35% Return on Assets2.52% Debt Debt-to-Equity Ratio138.70 Current Ratio1.14 Quick Ratio1.59 Sales & Book Value Annual SalesC$3.72 billion Price / Sales1.24 Cash FlowC$18.78 per share Price / Cash Flow3.64 Book ValueC$28.65 per share Price / Book2.39Miscellaneous Outstanding Shares67,390,000Free FloatN/AMarket CapC$4.61 billion OptionableNot Optionable Beta1.94 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Richard W. Sumner (Age 49)President, CEO & Director Comp: $2.5MMr. Dean RichardsonSenior VP of Finance & Chief Financial OfficerMs. Karine DelbarreSenior Vice President of Global Marketing & LogisticsMr. Bradley W. BoydSenior Vice President of Corporate ResourcesMr. Gustavo ParraSenior Vice President of ManufacturingSarah HerriottDirector of Investor RelationsMr. Kevin PriceSenior VP, General Counsel & Corporate SecretaryMr. Kevin M. MaloneySenior Vice President of Corporate DevelopmentMark AllardSenior Vice President of Low Carbon SolutionsRawle RamlochanPlant ManagerMore ExecutivesKey CompetitorsLundin GoldTSE:LUGStella-JonesTSE:SJB2GoldTSE:BTOEldorado GoldTSE:ELDOsisko Gold RoyaltiesTSE:ORView All CompetitorsInsidersAlejandro LarriveSold 1,000 sharesTotal: C$64,480.00 ($64.48/share)View All Insider Transactions MX Stock Analysis - Frequently Asked Questions Should I buy or sell Methanex stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Methanex in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MX shares. View MX analyst ratings or view top-rated stocks. What is Methanex's stock price target for 2024? 2 equities research analysts have issued 1-year price objectives for Methanex's stock. Their MX share price targets range from C$50.00 to C$50.00. On average, they expect the company's stock price to reach C$50.00 in the next year. This suggests that the stock has a possible downside of 26.9%. View analysts price targets for MX or view top-rated stocks among Wall Street analysts. How have MX shares performed in 2024? Methanex's stock was trading at C$62.68 at the beginning of the year. Since then, MX shares have increased by 9.1% and is now trading at C$68.40. View the best growth stocks for 2024 here. When is Methanex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our MX earnings forecast. How were Methanex's earnings last quarter? Methanex Co. (TSE:MX) released its earnings results on Wednesday, April, 24th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.48. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Methanex had a trailing twelve-month return on equity of 12.35% and a net margin of 4.68%. How often does Methanex pay dividends? What is the dividend yield for Methanex? Methanex announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Thursday, March 14th will be paid a dividend of 0.245 per share on Thursday, March 28th. This represents a $0.98 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, March 13th. Read our dividend analysis for MX. Is Methanex a good dividend stock? Methanex (TSE:MX) pays an annual dividend of C$1.01 per share and currently has a dividend yield of 1.48%. The dividend payout ratio is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MX. What other stocks do shareholders of Methanex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Methanex investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Suncor Energy (SU), Air Canada (AC), Magna International (MG), BCE (BCE), Royal Bank of Canada (RY), Canadian National Railway (CNR), Enbridge (ENB) and Canadian Natural Resources (CNQ). How do I buy shares of Methanex? Shares of MX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:MX) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street Star“The Biggest Bubble of All Time” – Here’s What to Do.Chaikin Analyticstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyBetter than Bitcoin? The Biotech Stock with 46,751% PotentialBehind the MarketsGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchThese AI trades triggered this morning (545% return)Prosper Trading AcademyBitcoin Rockets To Record High But Buy THIS InsteadParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Methanex Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
