Methanex Co. (TSE:MX – Free Report) (NASDAQ:MEOH) – Equities researchers at Zacks Research lifted their Q4 2026 EPS estimates for Methanex in a note issued to investors on Monday, May 18th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.76 for the quarter, up from their previous estimate of $1.68. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Zacks Research also issued estimates for Methanex’s Q1 2027 earnings at $0.80 EPS and Q1 2028 earnings at $0.66 EPS.
Methanex (TSE:MX – Get Free Report) (NASDAQ:MEOH) last issued its quarterly earnings data on Thursday, March 5th. The company reported C($0.19) earnings per share for the quarter. Methanex had a negative net margin of 1.26% and a negative return on equity of 1.84%. The business had revenue of C$1.28 billion for the quarter.
Check Out Our Latest Report on Methanex
Methanex Trading Down 2.2%
TSE:MX opened at C$85.37 on Wednesday. Methanex has a 12 month low of C$43.27 and a 12 month high of C$92.97. The firm has a market cap of C$6.60 billion, a price-to-earnings ratio of -116.95, a P/E/G ratio of 0.44 and a beta of 0.65. The company has a quick ratio of 1.59, a current ratio of 1.96 and a debt-to-equity ratio of 143.44. The company’s 50 day moving average is C$81.26 and its 200-day moving average is C$66.92.
Insider Buying and Selling
In related news, insider Mark Allard sold 2,000 shares of the business’s stock in a transaction on Friday, March 27th. The shares were sold at an average price of C$86.00, for a total transaction of C$172,000.00. Following the transaction, the insider owned 16,604 shares of the company’s stock, valued at approximately C$1,427,944. The trade was a 10.75% decrease in their ownership of the stock. Also, insider Sunil Jagwani bought 41,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average cost of C$84.00 per share, for a total transaction of C$3,444,000.00. Following the transaction, the insider directly owned 2,325,000 shares of the company’s stock, valued at C$195,300,000. This trade represents a 1.80% increase in their position. Over the last quarter, insiders have purchased 185,000 shares of company stock valued at $15,977,242 and have sold 7,500 shares valued at $645,510. 0.35% of the stock is currently owned by insiders.
Methanex Company Profile
Methanex Corp manufactures and sells methanol. Methanex’s customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines.
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