At the time of writing, Methanex Corp [MEOH] stock is trading at $28.76, up 4.58%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MEOH shares have gain 5.70% over the last week, with a monthly amount drifted -23.18%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Methanex Corp [NASDAQ: MEOH] stock has seen the most recent analyst activity on April 07, 2025, when Piper Sandler downgraded its rating to a Neutral but kept the price target unchanged to $36 for it. Previously, Scotiabank downgraded its rating to Sector Perform on March 10, 2025, and kept the price target unchanged to $53. On September 10, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $44 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $51 on August 07, 2024. UBS upgraded its rating to a Buy and raised its price target to $60 on February 08, 2024. UBS upgraded its rating to Neutral for this stock on November 02, 2023, and upped its price target to $45. In a note dated October 30, 2023, Scotiabank upgraded an Sector Outperform rating on this stock and boosted its target price from $47 to $54.
For the past year, the stock price of Methanex Corp fluctuated between $25.46 and $56.43. Currently, Wall Street analysts expect the stock to reach $49.5 within the next 12 months. Methanex Corp [NASDAQ: MEOH] shares were valued at $28.76 at the most recent close of the market. An investor can expect a potential return of 72.11% based on the average MEOH price forecast.
Analyzing the MEOH fundamentals
According to Methanex Corp [NASDAQ:MEOH], the company’s sales were 3.72B for trailing twelve months, which represents an 2.88% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.12 points at the first support level, and at 27.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.23, and for the 2nd resistance point, it is at 29.70.
Ratios To Look Out For
It is important to note that Methanex Corp [NASDAQ:MEOH] has a current ratio of 2.62. Also, the Quick Ratio is 2.00, while the Cash Ratio stands at 1.22. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 0.93 and price to earnings (TTM) ratio is 12.39.
