FY2025 Earnings Forecast for Methanex Issued By Scotiabank

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Investment analysts at Scotiabank upped their FY2025 earnings estimates for shares of Methanex in a research note issued on Wednesday, March 19th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $5.51 per share for the year, up from their prior estimate of $4.85. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Scotiabank also issued estimates for Methanex’s FY2026 earnings at $5.39 EPS.

Separately, Cibc World Mkts raised shares of Methanex from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Methanex Stock Performance

TSE MX opened at C$53.69 on Monday. The company has a 50-day simple moving average of C$65.06 and a two-hundred day simple moving average of C$62.52. Methanex has a 12-month low of C$49.21 and a 12-month high of C$78.18. The firm has a market cap of C$2.56 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 0.44 and a beta of 1.79. The company has a quick ratio of 1.59, a current ratio of 1.34 and a debt-to-equity ratio of 148.53.

Insider Buying and Selling at Methanex

In other Methanex news, Director Karine Delbarre bought 1,081 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were 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 bought 1,400 shares of Methanex stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of C$53.55 per share, for a total transaction 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.