What is Zacks Research’s Forecast for Methanex Q4 Earnings?

Methanex Corporation (NASDAQ:MEOHFree Report) (TSE:MX) – Zacks Research increased their Q4 2026 earnings estimates for shares of Methanex in a report released on Monday, May 18th. Zacks Research analyst Team now expects that the specialty chemicals company will post earnings of $1.28 per share for the quarter, up from their previous estimate of $1.23. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $5.42 per share. Zacks Research also issued estimates for Methanex’s Q1 2028 earnings at $0.48 EPS.

Several other analysts also recently issued reports on the company. Scotiabank boosted their price target on Methanex from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. UBS Group lifted their target price on Methanex from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Royal Bank Of Canada boosted their target price on shares of Methanex from $65.00 to $70.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Wall Street Zen upgraded shares of Methanex from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, JPMorgan Chase & Co. cut shares of Methanex from an “overweight” rating to a “neutral” rating and lifted their price objective for the stock from $56.00 to $65.00 in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Methanex currently has a consensus rating of “Moderate Buy” and an average target price of $66.78.

Read Our Latest Analysis on MEOH

Methanex Price Performance

Methanex stock opened at $62.07 on Wednesday. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of -126.67 and a beta of 0.60. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.98. Methanex has a 12 month low of $31.57 and a 12 month high of $66.75. The stock’s 50 day moving average is $59.13 and its 200-day moving average is $48.59.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last issued its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a positive return on equity of 2.96% and a negative net margin of 1.25%.The company had revenue of $957.42 million for the quarter, compared to analyst estimates of $964.76 million. During the same quarter last year, the business earned $1.30 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new position in Methanex in the 2nd quarter valued at approximately $50,000. Parkside Financial Bank & Trust lifted its position in shares of Methanex by 1,244.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,331 shares of the specialty chemicals company’s stock worth $53,000 after purchasing an additional 1,232 shares during the period. Clearstead Advisors LLC grew its position in shares of Methanex by 336.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after buying an additional 1,375 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Methanex by 131.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,482 shares of the specialty chemicals company’s stock worth $99,000 after buying an additional 1,410 shares during the period. Finally, AXA S.A. acquired a new position in shares of Methanex during the 2nd quarter valued at $166,000. Institutional investors own 73.49% of the company’s stock.

Methanex Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.185 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.74 annualized dividend and a yield of 1.2%. Methanex’s dividend payout ratio is currently -151.02%.

About Methanex

(Get Free Report)

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

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