Zacks Research Has Positive Outlook for Methanex Q1 Earnings

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Zacks Research boosted their Q1 2025 earnings per share estimates for Methanex in a research note issued on Monday, February 17th. Zacks Research analyst R. Department now expects that the company will earn $1.79 per share for the quarter, up from their previous estimate of $1.24. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Zacks Research also issued estimates for Methanex’s Q2 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.87 EPS, FY2025 earnings at $5.74 EPS, Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $1.60 EPS, Q3 2026 earnings at $1.68 EPS, Q4 2026 earnings at $1.96 EPS and FY2026 earnings at $6.16 EPS.

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

Methanex Stock Performance

Shares of Methanex stock opened at C$64.78 on Thursday. The firm has a market cap of C$3.09 billion, a PE ratio of 20.36, a price-to-earnings-growth 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. Methanex has a 52 week low of C$49.21 and a 52 week high of C$78.18. The business’s fifty day simple moving average is C$70.23 and its 200-day simple moving average is C$63.01.

Insiders Place Their Bets

In other news, Senior Officer Priscilla Fuchslocher sold 7,720 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of C$65.39, for a total value of C$504,818.52. 0.35% of the stock is owned by company insiders.

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.