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. Methanex Corporation employs 1,489 staff and has a trailing 12-month revenue of around 0.00.
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What's in this guide?
Methanex Corporation stock price (NASDAQ: MEOH)Use our graph to track the performance of MEOH stocks over time.
Methanex Corporation shares at a glance
|Latest market close||$35.55|
|52-week range||$18.28 - $48.25|
|50-day moving average||$33.58|
|200-day moving average||$36.91|
|Wall St. target price||$44.08|
|Dividend yield||$0.15 (0.45%)|
|Earnings per share (TTM)||$1.09|
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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
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||5.33%|
|3 months (2021-05-03)||-6.03%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Is Methanex Corporation under- or over-valued?
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 30x. In other words, Methanex Corporation shares trade at around 30x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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 $523 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||$3.5 billion|
|Operating margin TTM||8.07%|
|Gross profit TTM||$386.9 million|
|Return on assets TTM||3.11%|
|Return on equity TTM||9.15%|
|Market capitalisation||$2.5 billion|
TTM: trailing 12 months
Shorting Methanex Corporation shares
There are currently 1.4 million Methanex Corporation shares held short by investors – that's known as Methanex Corporation's "short interest". This figure is 1.9% down from 1.4 million last month.
There are a few different ways that this level of interest in shorting Methanex Corporation shares can be evaluated.
Methanex Corporation's "short interest ratio" (SIR)
Methanex Corporation's "short interest ratio" (SIR) is the quantity of Methanex Corporation shares currently shorted divided by the average quantity of Methanex Corporation shares traded daily (recently around 206126.33928571). Methanex Corporation's SIR currently stands at 6.72. In other words for every 100,000 Methanex Corporation shares traded daily on the market, roughly 6720 shares are currently held short.
However Methanex Corporation's short interest can also be evaluated against the total number of Methanex Corporation shares, or, against the total number of tradable Methanex Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Methanex Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Methanex Corporation shares in existence, roughly 20 shares are currently held short) or 0.0183% of the tradable shares (for every 100,000 tradable Methanex Corporation shares, roughly 18 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Methanex Corporation.
Find out more about how you can short Methanex Corporation stock.
Methanex Corporation share dividends
Dividend payout ratio: 78.95% of net profits
Recently Methanex Corporation has paid out, on average, around 78.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.51% 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 1.51% return on their shares, in the form of dividend payments. In Methanex Corporation's case, that would currently equate to about $0.15 per share.
Methanex Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Methanex Corporation's most recent dividend payout was on 29 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 September 2021 (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 $18.2788 up to $48.2461. 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 2.3294. This would suggest that Methanex Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Methanex Corporation overview
Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. 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. The company was incorporated in 1968 and is headquartered in Vancouver, Canada. .
Stocks similar to Methanex Corporation
Methanex Corporation in the news
Maersk Promises Clean Energy Use Driving Change In Oil And Gas Markets
Methanex: Dividends Surging Back As Expected With Plenty More To Follow
Methanex Corp (MEOH) CEO John Floren on Q2 2021 Results - Earnings Call Transcript
Frequently asked questionsWhat percentage of Methanex Corporation is owned by insiders or institutions?
Currently 0.381% of Methanex Corporation shares are held by insiders and 81.646% by institutions. How many people work for Methanex Corporation?
Latest data suggests 1,489 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
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