Methanex Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 42 out of 69 in the Chemicals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 48.89.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Methanex Corp's Score
Industry at a Glance
Industry Ranking
42 / 69
Overall Ranking
234 / 4521
Industry
Chemicals
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Methanex Corp Highlights
StrengthsRisks
Methanex Corporation is a Canada-based producer and supplier of methanol globally. It serves customers in Asia Pacific, North America, Europe and South America. Its total annual operating capacity, including Methanex's interests in jointly owned plants, is over 10.6 million tons and is located in the United States, New Zealand, Trinidad and Tobago, Chile, Egypt, and Canada. In addition to the methanol produced at its sites, it purchases methanol produced by others under methanol offtake contracts and on the spot market. In the United States, its plants in Geismar, Louisiana, have the capability to serve global methanol demand. Its New Zealand production site supplies methanol primarily to customers in Asia Pacific. Its Chile production site supplies methanol to customers in South America and Asia Pacific. Its Egypt plant (Methanex interest 50%) is located on the Mediterranean Sea and primarily supplies methanol to domestic and European customers, but can also supply customers in Asia.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 30.41%.
Fairly Valued
The company’s latest PB is 1.42, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 54.30M shares, increasing 0.07% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.04.
Analyst Rating
Based on
10
analysts
Buy
Current Rating
48.889
Target Price
+3.93%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Methanex Corporation is a Canada-based producer and supplier of methanol globally. It serves customers in Asia Pacific, North America, Europe and South America. Its total annual operating capacity, including Methanex's interests in jointly owned plants, is over 10.6 million tons and is located in the United States, New Zealand, Trinidad and Tobago, Chile, Egypt, and Canada. In addition to the methanol produced at its sites, it purchases methanol produced by others under methanol offtake contracts and on the spot market. In the United States, its plants in Geismar, Louisiana, have the capability to serve global methanol demand. Its New Zealand production site supplies methanol primarily to customers in Asia Pacific. Its Chile production site supplies methanol to customers in South America and Asia Pacific. Its Egypt plant (Methanex interest 50%) is located on the Mediterranean Sea and primarily supplies methanol to domestic and European customers, but can also supply customers in Asia.