Methanex Stock Today

MX Stock  CAD 63.57  1.45  2.33%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Methanex is selling at 63.57 as of the 21st of November 2024; that is 2.33% increase since the beginning of the trading day. The stock's open price was 62.12. Methanex has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Methanex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
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 CORP operates under Chemicals classification in Canada and is traded on Toronto Stock Exchange. The company has 67.39 M outstanding shares of which 302.21 K shares are now shorted by private and institutional investors with about 2.46 days to cover all short positions. More on Methanex

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Methanex Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Methanex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Methanex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorJohn Floren
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors)
Methanex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Methanex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Methanex has accumulated 3.01 B in total debt with debt to equity ratio (D/E) 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 and has the ability to pay its financial obligations in time and when they become due. Debt can assist Methanex until it has trouble settling it off, either with new capital or with free cash flow. So, Methanex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Methanex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Methanex to invest in growth at high rates of return. When we think about Methanex's use of debt, we should always consider it together with cash and equity.

Depreciation

411.42 Million
Methanex (MX) is traded on Toronto Exchange in Canada 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 4.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Methanex's market, we take the total number of its shares issued and multiply it by Methanex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Methanex classifies itself under Chemicals sector and is part of Materials industry. The entity has 67.39 M outstanding shares of which 302.21 K shares are now shorted by private and institutional investors with about 2.46 days to cover all short positions. Methanex has accumulated about 857.75 M in cash with 660.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.69.
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. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Methanex Ownership Details

Methanex Risk Profiles

Although Methanex's alpha and beta are two of the key measurements used to evaluate Methanex's performance over the market, the standard measures of volatility play an important role as well.

Methanex Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Methanex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Methanex Corporate Management

Elected by the shareholders, the Methanex's board of directors comprises two types of representatives: Methanex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Methanex. The board's role is to monitor Methanex's management team and ensure that shareholders' interests are well served. Methanex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Methanex's outside directors are responsible for providing unbiased perspectives on the board's policies.
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 estimate.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.