Methanex (NASDAQ:MEOH) Given New $75.00 Price Target at UBS Group

Methanex (NASDAQ:MEOHFree Report) (TSE:MX) had its price target lifted by UBS Group from $70.00 to $75.00 in a research note released on Friday,Benzinga reports. They currently have a buy rating on the specialty chemicals company’s stock.

Several other equities analysts have also weighed in on MEOH. Zacks Research upgraded Methanex from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Canadian Imperial Bank of Commerce restated a “neutral” rating and issued a $69.00 price target on shares of Methanex in a research note on Friday. Royal Bank Of Canada lifted their price target on Methanex from $65.00 to $70.00 and gave the company a “sector perform” rating in a research note on Friday. Scotiabank lifted their price target on Methanex from $60.00 to $70.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Finally, BMO Capital Markets lifted their price target on Methanex from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.90.

Get Our Latest Report on MEOH

Methanex Stock Performance

Shares of NASDAQ MEOH traded down $1.29 during trading on Friday, reaching $64.25. 1,275,719 shares of the company traded hands, compared to its average volume of 1,602,099. The firm’s fifty day simple moving average is $56.48 and its 200 day simple moving average is $46.29. The stock has a market cap of $4.97 billion, a P/E ratio of -131.12 and a beta of 0.60. Methanex has a 12-month low of $31.57 and a 12-month high of $66.75. The company has a current ratio of 1.96, a quick ratio of 1.37 and a debt-to-equity ratio of 0.98.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last released its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08). The company had revenue of $957.42 million for the quarter, compared to analysts’ expectations of $964.76 million. Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.30 EPS. As a group, research analysts anticipate that Methanex will post 5.96 earnings per share for the current fiscal year.

Methanex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be issued a $0.185 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.74 dividend on an annualized basis and a yield of 1.2%. Methanex’s dividend payout ratio is currently -151.02%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MEOH. Parkside Financial Bank & Trust raised its position in Methanex by 1,244.4% in the third quarter. Parkside Financial Bank & Trust now owns 1,331 shares of the specialty chemicals company’s stock valued at $53,000 after purchasing an additional 1,232 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of Methanex during the second quarter worth $50,000. Clearstead Advisors LLC increased its position in shares of Methanex by 336.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after acquiring an additional 1,375 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Methanex by 131.5% during the third quarter. PNC Financial Services Group Inc. now owns 2,482 shares of the specialty chemicals company’s stock worth $99,000 after acquiring an additional 1,410 shares during the period. Finally, Fifth Third Bancorp increased its position in shares of Methanex by 1,087.3% during the first quarter. Fifth Third Bancorp now owns 3,823 shares of the specialty chemicals company’s stock worth $228,000 after acquiring an additional 3,501 shares during the period. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Methanex

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: RBC raised its price target on Methanex to $70 (from $65) and kept a “sector perform” rating — the new target implies roughly a mid‑single-digit to high‑single-digit upside and helps underpin the near‑term bullish case. BayStreet.CA
  • Positive Sentiment: Zacks reports that earnings estimate revisions for Methanex have been moving higher, suggesting analysts expect improving profitability — this upward revision momentum can support further share gains if guidance/industry conditions confirm it. Zacks: Surging Earnings Estimates Signal Upside
  • Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share (payable June 30), a steady income signal that can attract yield‑seeking investors even though the yield is modest (~1.1%). GlobeNewswire: Notice of Cash Dividend
  • Neutral Sentiment: Methanex reported AGM voting results showing shareholders backed the board, auditor and executive pay — a standard governance outcome that reduces proxy risk but is unlikely to move the stock materially. GlobeNewswire: AGM Results
  • Neutral Sentiment: Q1 earnings call and prepared remarks/transcripts were posted (useful for detail on operations, mark‑to‑market items and outlook). Market reaction will depend on management commentary on margins, feedstock/energy costs and utilization. Fool: Q1 2026 Earnings Transcript
  • Negative Sentiment: Methanex reported Q1 EPS of $0.30, missing consensus (~$0.42) and recording a small net loss attributable to mark‑to‑market share‑based compensation — the earnings miss and negative net margin weigh on sentiment. MarketBeat: Q1 Earnings Snapshot
  • Negative Sentiment: JPMorgan downgraded Methanex from “overweight” to “neutral” while raising its target to $65 — the rating cut signals less conviction from a major bank and likely pressured the stock despite the modestly higher target. BayStreet.CA

About Methanex

(Get Free Report)

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

Featured Stories

Analyst Recommendations for Methanex (NASDAQ:MEOH)

Receive News & Ratings for Methanex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Methanex and related companies with MarketBeat.com's FREE daily email newsletter.