What is Scotiabank’s Forecast for Methanex FY2025 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Equities researchers at Scotiabank increased their FY2025 earnings estimates for shares of Methanex in a report issued on Wednesday, March 19th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $5.51 per share for the year, up from their previous forecast of $4.85. Scotiabank has a “Hold” rating on the stock. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Scotiabank also issued estimates for Methanex’s FY2026 earnings at $5.39 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. Two research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Methanex Stock Down 1.8 %

Shares of TSE MX opened at C$52.72 on Monday. The company has a current ratio of 1.34, a quick ratio of 1.59 and a debt-to-equity ratio of 148.53. Methanex has a 12-month low of C$49.21 and a 12-month high of C$78.18. The firm’s 50-day moving average price is C$64.70 and its 200-day moving average price is C$62.45. The stock has a market capitalization of C$2.51 billion, a price-to-earnings ratio of 16.57, a P/E/G ratio of 0.44 and a beta of 1.79.

Insider Activity

In other Methanex news, Senior Officer Kevin Maloney acquired 1,400 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of C$53.55 per share, with a total value of C$74,969.02. Also, Director Karine Delbarre bought 1,081 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were acquired at an average cost of C$53.07 per share, for a total transaction of C$57,368.72. Insiders own 0.35% of the company’s stock.

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.