Methanex (NASDAQ:MEOH) Bolsa

Methanex

Methanex Corp manufactures and sells methanol. Its customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. It distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. The company generates the majority of its revenue from Europe.

Methanex Corp

Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) reported quarterly earnings of $1.30 per share which met the analyst consensus estimate. This is a 100 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $896.00 million which missed the analyst consensus estimate of $1.02 billion by 12.31 percent. This is a 2.18 percent decrease over sales of $916.00 million the same period last year.

Earnings

Earnings Misses

News

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Methanex Q1 Adj. EPS $1.30, Inline, Sales $896.00M Miss $1.02B Estimate

CIBC analyst Hamir Patel maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Outperformer and lowers the price target from $55 to $47.

Price Target

Analyst Ratings

CIBC Maintains Outperformer on Methanex, Lowers Price Target to $47

Raymond James analyst Steve Hansen maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Outperform and lowers the price target from $62 to $40.

Raymond James Maintains Outperform on Methanex, Lowers Price Target to $40

UBS analyst Joshua Spector maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Buy and lowers the price target from $66 to $53.

UBS Maintains Buy on Methanex, Lowers Price Target to $53

Piper Sandler analyst Charles Neivert downgrades Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) from Overweight to Neutral and lowers the price target from $71 to $36.

Downgrades

Piper Sandler Downgrades Methanex to Neutral, Lowers Price Target to $36

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Shares of companies within the broader materials sector are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs.

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Shares of companies within the broader materials sector are trading lower as markets react to President Trump's announcement of sweeping tariffs.

CIBC analyst Hamir Patel maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Outperformer and lowers the price target from $63 to $55.

CIBC Maintains Outperformer on Methanex, Lowers Price Target to $55

RBC Capital analyst Nelson Ng reiterates Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Sector Perform and maintains $55 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Methanex, Maintains $55 Price Target

Barclays analyst Michael Leithead maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Equal-Weight and lowers the price target from $57 to $41.

Barclays Maintains Equal-Weight on Methanex, Lowers Price Target to $41

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Shares of companies within the broader materials sector are trading lower amid economic worries driven by tariffs and trade policies. Investors may be expecting a decline in investment, which may also be weighing on the industry.

Scotiabank analyst Ben Isaacson downgrades Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) from Sector Outperform to Sector Perform and lowers the price target from $66 to $53.

Scotiabank Downgrades Methanex to Sector Perform, Lowers Price Target to $53

Reported Earlier, Methanex Geismar 3 Plant Outage To Impact Q2 Sales, Repair Costs Not Expected To Be Material

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Shares of companies in the broader materials sector are trading lower amid overall market uncertainty after President Trump confirmed March 4 tariffs.

Barclays analyst Michael Leithead maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Equal-Weight and raises the price target from $54 to $57.

Barclays Maintains Equal-Weight on Methanex, Raises Price Target to $57

UBS analyst Joshua Spector maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Buy and raises the price target from $53 to $66.

UBS Maintains Buy on Methanex, Raises Price Target to $66

CIBC analyst Jacob Bout maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Outperformer and raises the price target from $59 to $63.

CIBC Maintains Outperformer on Methanex, Raises Price Target to $63

Scotiabank analyst Ben Isaacson maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Sector Outperform and raises the price target from $60 to $66.

Scotiabank Maintains Sector Outperform on Methanex, Raises Price Target to $66

Outlook
Our expected production guidance for 2025 is approximately 7.5 million tonnes (Methanex interest), which excludes any incremental production from OCI assets post-acquisition closing date. In 2025, production will be impacted by three turnarounds occurring in the first three quarters of 2025. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events.
In the first quarter of 2025, we expect significantly higher Adjusted EBITDA compared to the fourth quarter, with produced sales expected to be closer to production levels in the fourth quarter of 2024, and a higher average realized price. Based on our January and February posted prices we expect that our average realized price range will be between approximately $395 to $405 per tonne for these two months.

Guidance

Methanex Projects ~7.5M Tonnes Production For 2025, OCI Acquisition Impact Excluded; Expects Higher Adjusted EBITDA Compared To Q4, With Produced Sales Expected To Be Closer To Production Levels In Q4 2024, And A Higher Average Realized Price; Says Based On January And February Posted Prices, Expect Average Realized Price Range Will Be Between ~$395-$405/Tonne For These Two Months

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Methanex

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