What is Scotiabank's Estimate for Methanex FY2026 Earnings?
Scotiabank analyst B. Isaacson decreased Methanex's FY2026 earnings estimate to $6.26 per share from $6.36. Methanex's current full-year earnings estimate is $5.95 per share. The company reported a quarterly loss of C($0.09) per share, with a return on equity of 7.70% and a net margin of 4.13%. Methanex has a Strong Buy rating and an average target price of C$46.50.
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 Methanex
Methanex Price Performance
Methanex 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.
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