What is Scotiabank's Estimate for Methanex FY2026 Earnings?

Methanex Co. (TSE:MX - Free Report) NASDAQ: MEOH - Investment analysts at Scotiabank decreased their FY2026 earnings estimates for Methanex in a report issued on Friday, November 28th. Scotiabank analyst B. Isaacson now expects that the company will earn $6.26 per share for the year, down from their prior estimate of $6.36. The consensus estimate for Methanex's current full-year earnings is $5.95 per share.Methanex (TSE:MX - Get Free Report) NASDAQ: MEOH last issued its quarterly earnings results on Wednesday, October 29th. The company reported C($0.09) earnings per share (EPS) for the quarter. Methanex had a return on equity of 7.70% and a net margin of 4.13%.The firm had revenue of C$1.29 billion during the quarter. Separately, National Bank Financial upgraded Methanex to a "strong-buy" rating in a research note on Thursday, September 25th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat, Methanex currently has an average rating of "Strong Buy" and an average target price of C$46.50.Check Out Our Latest Analysis on MethanexMethanex Price PerformanceMethanex stock opened at C$50.25 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. The company has a fifty day simple moving average of C$51.35 and a 200-day simple moving average of C$48.99. The stock has a market cap of C$3.89 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 0.44 and a beta of 1.28. Methanex has a 12-month low of C$36.10 and a 12-month high of C$78.18. Methanex Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than MethanexInvesting in Commodities: What Are They? How to Invest in ThemWorried About Inflation? These 3 ETFs Offer Real ProtectionWhat Are Dividend Champions? How to Invest in the ChampionsIntel’s Black Friday Breakout: Apple Rumors Fuel a Holiday RallyWant to Profit on the Downtrend? Downtrends, Explained.Klarna's Crypto Play: A Plan to Fix Its Profit Problem This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Methanex Right Now?Before you consider Methanex, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Methanex wasn't on the list.While Methanex currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here