Methanex (NASDAQ:MEOH) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS
by Scott Moore · The Cerbat GemMethanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) issued its earnings results on Wednesday. The specialty chemicals company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05), Zacks reports. Methanex had a return on equity of 5.35% and a net margin of 2.21%.During the same quarter in the previous year, the company earned $1.30 earnings per share. Methanex’s revenue was up 8.7% compared to the same quarter last year.
Methanex Trading Up 4.8%
NASDAQ:MEOH traded up $2.91 during trading hours on Wednesday, hitting $63.31. The company had a trading volume of 1,794,852 shares, compared to its average volume of 1,277,089. The company has a market capitalization of $4.90 billion, a PE ratio of 56.03 and a beta of 0.56. The stock has a 50-day moving average price of $56.15 and a 200 day moving average price of $46.15. Methanex has a 52 week low of $29.93 and a 52 week high of $66.75. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.06 and a quick ratio of 1.37.
Methanex Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were issued a $0.185 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.74 annualized dividend and a yield of 1.2%. Methanex’s payout ratio is 65.49%.
Analysts Set New Price Targets
Several research analysts recently commented on MEOH shares. Royal Bank Of Canada downgraded shares of Methanex from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $55.00 to $65.00 in a research note on Thursday, April 2nd. Raymond James Financial lifted their target price on shares of Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research note on Thursday, April 16th. Zacks Research upgraded shares of Methanex from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Canadian Imperial Bank of Commerce lifted their price target on shares of Methanex from $52.00 to $59.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, UBS Group lifted their price target on shares of Methanex from $60.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $59.20.
Read Our Latest Analysis on Methanex
Institutional Trading of Methanex
Several large investors have recently added to or reduced their stakes in MEOH. Amundi boosted its holdings in Methanex by 3.9% in the first quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock valued at $800,000 after acquiring an additional 848 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Methanex during the 2nd quarter valued at $419,000. Invesco Ltd. boosted its holdings in shares of Methanex by 15.7% during the 2nd quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock valued at $8,250,000 after buying an additional 33,827 shares in the last quarter. AXA S.A. bought a new stake in shares of Methanex during the 2nd quarter valued at $166,000. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Methanex by 327.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company’s stock valued at $1,565,000 after buying an additional 36,211 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.
Methanex News Summary
Here are the key news stories impacting Methanex this week:
- Positive Sentiment: Scotiabank raised its earnings estimates substantially (FY2026 and FY2027) and keeps a “Sector Outperform” stance with a $70 target — bullish forward guidance from an analyst likely supported the stock. Scotiabank raises estimates (MarketBeat)
- Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share payable June 30 (record June 16), which supports income-focused investors and can buoy the share price. Methanex Corporation – Notice of Cash Dividend
- Neutral Sentiment: Operational results showed strength on an adjusted basis: Adjusted EBITDA of $220M and adjusted net income of $23M, which indicate solid cash generation underlying the business despite GAAP noise. That mixed signal (good operations, headline accounting loss) may produce varied investor reactions. Methanex Reports First Quarter 2026 Results
- Negative Sentiment: Q1 EPS of $0.30 missed consensus estimates (Zacks: $0.47; MarketBeat consensus ~ $0.35) and is well below last year’s $1.30, and the company reported a GAAP net loss attributable to mark‑to‑market share‑based compensation — a near‑term negative that likely pressured sentiment before being offset by other items. Methanex (MEOH) Q1 Earnings Lag Estimates
Methanex Company Profile
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).