What is Scotiabank’s Estimate for Methanex FY2026 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Methanex in a research note issued on Wednesday, July 15th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $11.27 per share for the year, up from their prior forecast of $10.37. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share.

Methanex (TSE:MX) (NASDAQ:MEOH) last released its earnings results on Wednesday, April 29th. The company reported C$0.42 earnings per share for the quarter. Methanex had a negative return on equity of 1.84% and a negative net margin of 1.26%.The firm had revenue of C$1.35 billion for the quarter.

A number of other analysts also recently weighed in on MX. Royal Bank Of Canada lowered shares of Methanex from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, April 1st. National Bank Financial upgraded shares of Methanex to a “strong-buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$60.00.

Methanex Price Performance

Methanex stock opened at C$76.95 on Monday. The company has a current ratio of 1.96, a quick ratio of 1.59 and a debt-to-equity ratio of 143.44. The firm has a market capitalization of C$5.95 billion, a P/E ratio of -105.41, a PEG ratio of 0.44 and a beta of 0.63. The business has a 50-day moving average of C$77.34 and a 200-day moving average of C$74.30. Methanex has a 1 year low of C$44.57 and a 1 year high of C$92.97.

Insiders Place Their Bets

In other Methanex news, insider Kyung Wan (Fred) Lee sold 7,975 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of C$88.02, for a total value of C$701,959.50. Following the completion of the sale, the insider directly owned 5,025 shares in the company, valued at C$442,300.50. This represents a 61.35% decrease in their ownership of the stock. Also, insider Sergio Almarza sold 4,500 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of C$86.06, for a total value of C$387,270.00. Following the completion of the sale, the insider owned 11,570 shares of the company’s stock, valued at C$995,714.20. This trade represents a 28.00% decrease in their ownership of the stock. Over the last ninety days, insiders have acquired 278,000 shares of company stock worth $23,636,345 and have sold 13,475 shares worth $1,175,470. Corporate insiders own 0.35% of the company’s stock.

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.