Currently, there are 67.40M common shares owned by the public and among those 66.26M shares have been available to trade.
The company’s stock has a 5-day price change of -2.09% and -25.60% over the past three months. MEOH shares are trading -34.18% year to date (YTD), with the 12-month market performance down to -38.51% lower. It has a 12-month low price of $25.46 and touched a high of $54.49 over the same period. MEOH has an average intraday trading volume of 601.67K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.02%, 1.32%, and -20.77% respectively.
Institutional ownership of Methanex Corp (NASDAQ: MEOH) shares accounts for 82.30% of the company’s 67.40M shares outstanding.
It has a market capitalization of $2.22B and a beta (3y monthly) value of 0.95. The stock’s trailing 12-month PE ratio is 10.30, while the earnings-per-share (ttm) stands at $3.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.29% over the week and 2.28% over the month.
Earnings per share for the fiscal year are expected to decrease by -20.93%, and 25.92% over the next financial year. EPS should shrink at an annualized rate of -3.92% over the next five years, compared to 16.26% over the past 5-year period.
Looking at the support for the MEOH, a number of firms have released research notes about the stock. Piper Sandler stated their Overweight rating for the stock in a research note on May 19, 2025, with the firm’s price target at $48. Scotiabank coverage for the Methanex Corp (MEOH) stock in a research note released on May 05, 2025 offered a Sector Outperform rating with a price target of $53. Piper Sandler was of a view on April 07, 2025 that the stock is Neutral, while Scotiabank gave the stock Sector Perform rating on March 10, 2025, issuing a price target of $53. Barclays on their part issued Equal Weight rating on September 10, 2024.
