What is Zacks Research’s Forecast for Methanex Q3 Earnings?

Methanex Co. (TSE:MX) (NASDAQ:MEOH) – Research analysts at Zacks Research upped their Q3 2026 EPS estimates for shares of Methanex in a report released on Monday, August 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $4.30 for the quarter, up from their previous estimate of $2.64. The consensus estimate for Methanex’s current full-year earnings is $5.95 per share. Zacks Research also issued estimates for Methanex’s Q4 2026 earnings at $2.41 EPS, FY2026 earnings at $11.84 EPS, Q1 2027 earnings at $3.08 EPS, Q2 2027 earnings at $2.86 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $1.14 EPS, FY2027 earnings at $8.09 EPS, Q1 2028 earnings at $1.36 EPS, Q2 2028 earnings at $2.80 EPS and FY2028 earnings at $6.03 EPS.

Other analysts have also recently issued research reports about the stock. Canadian Imperial Bank of Commerce upgraded shares of Methanex from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. National Bank Financial upgraded Methanex to a “strong-buy” rating in a research report on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Methanex has an average rating of “Buy” and an average target price of C$60.00.

Methanex Trading Down 3.4%

Shares of TSE MX opened at C$79.05 on Monday. Methanex has a fifty-two week low of C$45.01 and a fifty-two week high of C$92.97. The firm has a market capitalization of C$6.12 billion, a P/E ratio of 89.83, a P/E/G ratio of 0.44 and a beta of 0.62. The company has a debt-to-equity ratio of 122.11, a current ratio of 2.07 and a quick ratio of 1.59. The company’s 50 day simple moving average is C$74.38 and its 200 day simple moving average is C$76.88.

Methanex (TSE:MX) (NASDAQ:MEOH) last issued its quarterly earnings results on Tuesday, July 28th. The company reported C$5.50 EPS for the quarter. The company had revenue of C$1.98 billion during the quarter. Methanex had a net margin of 2.05% and a return on equity of 3.50%.

Insider Buying and Selling at Methanex

In other news, insider Kyung Wan (Fred) Lee sold 7,975 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of C$88.02, for a total value of C$701,959.50. Following the completion of the transaction, the insider 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 Sunil Jagwani acquired 24,255 shares of the stock in a transaction dated Thursday, May 28th. The shares were bought at an average cost of C$82.23 per share, with a total value of C$1,994,488.65. Following the transaction, the insider directly owned 2,595,255 shares of the company’s stock, valued at C$213,407,818.65. This represents a 0.94% increase in their ownership of the stock. Over the last quarter, insiders have purchased 50,000 shares of company stock valued at $4,106,443. 0.35% of the stock is currently owned by corporate insiders.

About Methanex

Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol ‘MX’ and on the Nasdaq Global Select Market in the United States under the trading symbol ‘MEOH’. Methanex can be visited online at www.methanex.com.