In last trading session, Methanex Corp (NASDAQ:MEOH) saw 0.31 million shares changing hands with its beta currently measuring 0.95. Company’s recent per share price level of $31.07 trading at $0.14 or 0.45% at ring of the bell on the day assigns it a market valuation of $2.09B. That closing price of MEOH’s stock is at a discount of -81.62% from its 52-week high price of $56.43 and is indicating a premium of 18.06% from its 52-week low price of $25.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.7 million shares which gives us an average trading volume of 557.31K if we extend that period to 3-months.
For Methanex Corp (MEOH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.82. Splitting up the data highlights that, out of 19 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.3 in the current quarter.
Methanex Corp (NASDAQ:MEOH) trade information
Upright in the green during last session for gaining 0.45%, in the last five days MEOH remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $31.07 price level, adding 0.8% to its value on the day. Methanex Corp’s shares saw a change of -37.79% in year-to-date performance and have moved 14.99% in past 5-day. Methanex Corp (NASDAQ:MEOH) showed a performance of -13.60% in past 30-days. Number of shares sold short was 0.63 million shares which calculate 1.46 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 49.5 to the stock, which implies a rise of 37.23% to its current value. Analysts have been projecting 36 as a low price target for the stock while placing it at a high target of 63. It follows that stock’s current price would drop -15.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -15.87% for stock’s current value.
Methanex Corp (MEOH) estimates and forecasts
This year revenue growth is estimated to rise 12.54% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.02B for the same. And 5 analysts are in estimates of company making revenue of 846.55M in the next quarter. Company posted 916M and 920.36M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.26% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -4.78% while estimates for its earnings growth in next 5 years are of 1.00%.
MEOH Dividends
Methanex Corp is more likely to be releasing its next quarterly report on 2025-Jan-28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.38%, the share has a forward dividend of 0.74 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.82%.
Methanex Corp (NASDAQ:MEOH)’s Major holders
Insiders are in possession of 0.31% of company’s total shares while institution are holding 84.23 percent of that, with stock having share float percentage of 84.50%. Investors also watch the number of corporate investors in a company very closely, which is 84.23% institutions for Methanex Corp that are currently holding shares of the company. M&G PLC is the top institutional holder at MEOH for having 13.03 million shares of worth $625.27 million. And as of 2024-06-30, it was holding 19.3308 of the company’s outstanding shares.
The second largest institutional holder is FIL LTD, which was holding about 7.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.388 of outstanding shares, having a total worth of $370.51 million.
On the other hand, VANGUARD EXPLORER FUND and Pear Tree Funds-Pear Tree Polaris Foreign Value Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 2.28 shares of worth $70.79 million or 3.38% of the total outstanding shares. The later fund manager was in possession of 888.79 shares on Mar 31, 2025 , making its stake of worth around $27.61 million in the company or a holder of 1.32% of company’s stock.
