Methanex (NASDAQ:MEOH) Posts Quarterly Earnings Results, Beats Expectations By $0.85 EPS

Methanex (NASDAQ:MEOH) (TSE:MX) released its earnings results on Thursday. The specialty chemicals company reported $3.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.85, Zacks reports. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.29 billion. Methanex had a return on equity of 21.53% and a net margin of 7.62%. The firm’s revenue for the quarter was up 49.7% compared to the same quarter last year. During the same period last year, the business earned $0.06 earnings per share.

Methanex Price Performance

MEOH traded up $8.81 during midday trading on Friday, reaching $71.57. 2,768,373 shares of the company’s stock were exchanged, compared to its average volume of 540,640. The company has a quick ratio of 1.35, a current ratio of 2.07 and a debt-to-equity ratio of 0.83. The business has a 50-day simple moving average of $61.17 and a two-hundred day simple moving average of $56.29. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 15.76 and a beta of 0.71. Methanex has a one year low of $34.01 and a one year high of $72.32.

Methanex News Roundup

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Methanex reported EPS of $3.69, above the $2.84 analyst consensus cited by MarketBeat and the $3.17 estimate cited by Zacks. Revenue rose 49.7% year over year to approximately $1.36 billion, also surpassing expectations. Methanex Q3 earnings results
• Positive Sentiment: Profitability and cash generation strengthened significantly. Net income attributable to shareholders reached $265 million, while adjusted EBITDA was $543 million and adjusted net income was $284 million. Results compare with just $0.06 of EPS in the year-ago quarter, signaling a sharp improvement in operating performance. Methanex reports higher third-quarter earnings and cash flows
• Positive Sentiment: Methanex authorized a share buyback of up to 5% of its outstanding stock. The company may repurchase and cancel as many as 3,868,213 shares between November 4, 2026 and November 3, 2027. Buybacks can support EPS and increase each remaining shareholder’s ownership interest if completed. Methanex announces 5% share repurchase program

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MEOH. UBS Group lifted their price objective on Methanex from $71.00 to $74.00 and gave the stock a “buy” rating in a report on Monday, October 5th. Raymond James Financial upped their target price on Methanex from $65.00 to $72.00 and gave the company a “market perform” rating in a research note on Monday, October 26th. Wall Street Zen raised Methanex from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 3rd. Weiss Ratings upgraded shares of Methanex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 12th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $77.00 price target on shares of Methanex in a research note on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $71.33.

Methanex Company Profile

Methanex Corporation is a global producer and supplier of methanol, a clear, biodegradable liquid chemical used in a wide range of industrial and consumer applications. The company markets methanol to customers worldwide and supports distribution through a global network of production facilities, storage terminals and transportation infrastructure.

Methanol is used to manufacture formaldehyde, acetic acid, solvents, adhesives, plastics and other chemical products. It is also used in fuel applications, including as a blending component, a feedstock for biodiesel and in the production of olefins and other alternative fuels.

Founded in 1992 and headquartered in Vancouver, British Columbia, Methanex operates production facilities and related assets in several regions, including North America, South America and New Zealand.