While Methanex Corp has overperformed by 1.38%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MEOH fell by -35.10%, with highs and lows ranging from $56.43 to $25.46, whereas the simple moving average fell by -28.26% in the last 200 days.
On April 07, 2025, Piper Sandler Downgraded Methanex Corp (NASDAQ: MEOH) to Neutral. A report published by Scotiabank on March 10, 2025, Downgraded its rating to ‘Sector Perform’ for MEOH. Barclays also Downgraded MEOH shares as ‘Equal Weight’, setting a target price of $44 on the company’s shares in a report dated September 10, 2024. Piper Sandler August 07, 2024d the rating to Overweight on August 07, 2024, and set its price target from $50 to $51. UBS February 08, 2024d its ‘Neutral’ rating to ‘Buy’ for MEOH, as published in its report on February 08, 2024. UBS’s report from November 02, 2023 suggests a price prediction of $45 for MEOH shares, giving the stock a ‘Neutral’ rating. Scotiabank also rated the stock as ‘Sector Outperform’.
Analysis of Methanex Corp (MEOH)
Investors in Methanex Corp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.74 per share. Further, the quarter-over-quarter increase in sales is 2.88%, showing a positive trend in the upcoming months.
One of the most important indicators of Methanex Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 8.15% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.00, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MEOH is recording 552.84K average volume. On a monthly basis, the volatility of the stock is set at 6.08%, whereas on a weekly basis, it is put at 3.46%, with a gain of 15.24% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.82, showing growth from the present price of $30.93, which can serve as yet another indication of whether MEOH is worth investing in or should be passed over.
How Do You Analyze Methanex Corp Shares?
The Chemicals market is dominated by Methanex Corp (MEOH) based in the Canada. When comparing Methanex Corp shares with other companies under Basic Materials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 13.33, there is a growth in quarterly earnings of 35.19%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.87%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MEOH shares are owned by institutional investors to the tune of 86.56% at present.
