Methanex Stock Today

MEOH Stock  USD 46.02  0.57  1.25%   

Performance

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Odds Of Distress

Less than 3

 
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Methanex is trading at 46.02 as of the 24th of November 2024. This is a 1.25% increase since the beginning of the trading day. The stock's open price was 45.45. Methanex has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on June 4, 2019, Representative Earl Blumenauer of US Congress acquired under $15k worth of Methanex's common stock.
Business Domain
Materials
IPO Date
19th of May 1992
Category
Basic Materials
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. Methanex operates under Chemicals classification in the United States and is traded on NASDAQ Exchange. The company has 67.39 M outstanding shares of which 640.67 K shares are now shorted by private and institutional investors with about 2.08 trading days to cover. More on Methanex

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Methanex Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorJohn Floren
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, NASDAQ Composite, NASDAQ Composite Total, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.593
Fairly Down
Pretty Stable
Gross Profit Margin0.230.2486
Significantly Down
Slightly volatile
Net Debt2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.4 B1.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.5 B2.9 B
Way Down
Slightly volatile
Total Assets3.5 B6.4 B
Way Down
Slightly volatile
Total Current Assets1.1 B1.5 B
Way Down
Slightly volatile
Debt Levels
Methanex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Methanex's financial leverage. It provides some insight into what part of Methanex's total assets is financed by creditors.
Liquidity
Methanex currently holds 3.01 B in liabilities with Debt to Equity (D/E) ratio of 1.21, which is about average as compared to similar companies. Methanex has a current ratio of 2.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Methanex's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(56.11 Million)
Methanex (MEOH) is traded on NASDAQ Exchange in USA. It is located in 1800 Waterfront Centre, Vancouver, BC, Canada, V6C 3M1 and employs 1,451 people. Methanex is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.1 B. Methanex conducts business under Chemicals sector and is part of Materials industry. The entity has 67.39 M outstanding shares of which 640.67 K shares are now shorted by private and institutional investors with about 2.08 trading days to cover. Methanex currently holds about 961.79 M in cash with 660.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.74.
Check Methanex Probability Of Bankruptcy
Ownership Allocation
Methanex maintains a total of 67.39 Million outstanding shares. The majority of Methanex outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Methanex to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Methanex. Please pay attention to any change in the institutional holdings of Methanex as this could imply that something significant has changed or is about to change at the company. On June 4, 2019, Representative Earl Blumenauer of US Congress acquired under $15k worth of Methanex's common stock.
Check Methanex Ownership Details

Methanex Stock Institutional Holders

InstituionRecorded OnShares
Mackenzie Investments2024-09-30
850.8 K
Boston Partners Global Investors, Inc2024-09-30
727.4 K
Norges Bank2024-06-30
683.7 K
Walnut Level Capital Llc2024-09-30
585.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
550.8 K
Becker Capital2024-09-30
527.7 K
Millennium Management Llc2024-06-30
508.7 K
Scheer, Rowlett & Assoc Invest Mgmt Ltd.2024-06-30
436.8 K
Goldman Sachs Group Inc2024-06-30
358.8 K
M&g Plc2024-06-30
13 M
Fidelity International Ltd2024-06-30
7.7 M
View Methanex Diagnostics

Methanex Historical Income Statement

As of now, Methanex's EBIT is increasing as compared to previous years. The Methanex's current Total Operating Expenses is estimated to increase to about 708 M, while Total Revenue is projected to decrease to under 2.3 B. View More Fundamentals

Methanex Stock Against Markets

Methanex Corporate Management

Vanessa JamesSr. VP of Global Marketing and LogisticsProfile
Karine DelbarreSenior LogisticsProfile
Sarah HerriottDirector RelationsProfile
Mark AllardSenior SolutionsProfile
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methanex. If investors know Methanex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.74
Earnings Share
2.12
Revenue Per Share
54.81
Quarterly Revenue Growth
0.135
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methanex's market value can be influenced by many factors that don't directly affect Methanex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.