How to buy Methanex Corporation stock (MEOH)

Methanex Corporation is a chemicals business based in the US. Methanex Corporation shares (MEOH) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $39.37 – a decrease of 1.48% over the previous week. Methanex Corporation employs 1,451 staff and has a trailing 12-month revenue of around $3.6 billion.

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Methanex Corporation stock price (NASDAQ: MEOH)

Use our graph to track the performance of MEOH stocks over time.

Methanex Corporation shares at a glance

• Key figures

Information last updated 2024-10-24.

Latest market close	$39.37
52-week range	$35.95 - $55.94
50-day moving average more info button	$42.26
200-day moving average more info button	$46.04
Wall St. target price	$55.00
PE ratio more info button	18.8692
Dividend yield more info button	$0.74 (1.85%)
Earnings per share (TTM) more info button	$2.14

Is it a good time to buy Methanex Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Methanex Corporation price performance over time

Historical closes compared with the close of $40.02 from 2024-10-28

1 week (2024-10-23)	0.15%
1 month (2024-09-30)	-3.19%
3 months (2024-07-30)	-14.27%
6 months (2024-04-30)	-16.47%

1 year (2023-10-30)	-3.40%
2 years (2022-10-26)	N/A
3 years (2021-10-29)	44.78
5 years (2019-10-30)	10.08%

Is Methanex Corporation stock undervalued or overvalued?

Valuing Methanex Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Methanex Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Methanex Corporation's P/E ratio

Methanex Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Methanex Corporation shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Methanex Corporation's PEG ratio

Methanex Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.98. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Methanex Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Methanex Corporation's EBITDA

Methanex Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $467.6 million.

The EBITDA is a measure of a Methanex Corporation's overall financial performance and is widely used to measure a its profitability.

Methanex Corporation financials

Revenue TTM	$3.6 billion
Operating margin TTM	8.16%
Gross profit TTM	$947.2 million
Return on assets TTM	1.99%
Return on equity TTM	10.21%
Profit margin	4.06%
Book value	$29.82
Market Capitalization more info button	$2.7 billion

TTM: trailing 12 months

Methanex Corporation share dividends

Dividend payout ratio: 40.88% of net profits

Recently Methanex Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Methanex Corporation shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Methanex Corporation's case, that would currently equate to about $0.74 per share.

While Methanex Corporation's payout ratio might seem fairly standard, it's worth remembering that Methanex Corporation may be investing much of the rest of its net profits in future growth.

Methanex Corporation's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2024 (the "ex-dividend date").

Methanex Corporation share price volatility

Over the last 12 months, Methanex Corporation's shares have ranged in value from as little as $35.9529 up to $55.9439. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Methanex Corporation's is 1.795. This would suggest that Methanex Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Methanex Corporation overview

Methanex Corporation produces and supplies methanol in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company also purchases methanol produced by others under methanol offtake contracts and on the spot market. In addition, it owns and leases storage and terminal facilities. The company owns and manages a fleet of approximately 30 ocean-going vessels. It serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada. .

Frequently asked questions

What percentage of Methanex Corporation is owned by insiders or institutions?
Currently 0.354% of Methanex Corporation shares are held by insiders and 82.694% by institutions. How many people work for Methanex Corporation?
Latest data suggests 1,451 work at Methanex Corporation. When does the fiscal year end for Methanex Corporation?
Methanex Corporation's fiscal year ends in December. Where is Methanex Corporation based?
Methanex Corporation's address is: 1800 Waterfront Centre, Vancouver, BC, Canada, V6C 3M1 What is Methanex Corporation's ISIN number?
Methanex Corporation's international securities identification number is: CA59151K1084 What is Methanex Corporation's CUSIP number?
Methanex Corporation's Committee on Uniform Securities Identification Procedures number is: 59151K108