What is Scotiabank’s Forecast for Methanex FY2025 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities research analysts at Scotiabank raised their FY2025 earnings per share estimates for shares of Methanex in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of $4.85 for the year, up from their prior estimate of $4.41. 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 $4.52 EPS.

Methanex (TSE:MX) (NASDAQ:MEOH) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.65 EPS for the quarter, topping analysts’ consensus estimates of C$0.60 by C$1.05. The firm had revenue of C$1.28 billion during the quarter, compared to the consensus estimate of C$1.26 billion. Methanex had a net margin of 4.06% and a return on equity of 10.21%.

Separately, Cibc World Mkts upgraded Methanex from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th.

Methanex Price Performance

TSE MX opened at C$69.99 on Thursday. The company has a debt-to-equity ratio of 131.58, a current ratio of 1.25 and a quick ratio of 1.59. The firm has a market capitalization of C$4.72 billion, a PE ratio of 24.05, a P/E/G ratio of 0.44 and a beta of 1.79. The company’s 50 day simple moving average is C$64.98 and its 200 day simple moving average is C$62.22. Methanex has a 12 month low of C$49.21 and a 12 month high of C$74.25.

Insider Buying and Selling

In other news, Senior Officer Priscilla Fuchslocher sold 7,720 shares of Methanex stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of C$65.39, for a total transaction of C$504,818.52. Insiders own 0.35% of the company’s stock.

About Methanex

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.