MEOH Methanex Corporation

Methanex Corporation's P/E ratio of 14.7x is currently similar to the Canadian market median, despite the company demonstrating superior earnings growth over the last year. However, analysts forecast significantly lower growth for Methanex compared to the broader market, suggesting that the current P/E may not be sustainable in the long term. This discrepancy between past performance, future forecasts, and the current P/E indicates potential risk for investors.

Squarepoint Ops LLC significantly increased its stake in Methanex Corporation by purchasing an additional 27,803 shares, bringing its total holdings to 41,257 shares valued at approximately $1.37 million. This comes despite Methanex missing quarterly earnings expectations, though analysts project a full-year EPS of 4.32. The company also declared a quarterly dividend of $0.185 per share, yielding approximately 1.9%.

Fitch Ratings has affirmed Methanex Corporation's Long-Term Issuer Default Ratings at 'BB+' with a Stable Outlook, reflecting its strong position as a global methanol supplier and low-cost production. The ratings incorporate temporarily elevated leverage due to the OCI acquisition, with Fitch expecting debt reduction by 2027. Methanex's consistent free cash flow generation and strategic diversification through the OCI acquisition also underpin the stable rating.

OCONNOR A Distinct Business Unit of UBS Asset Management Americas LLC invested $2.52 million in Methanex Corporation ($MEOH), acquiring 76,000 shares and now owning approximately 0.10% of the company. Other institutional investors like Vanguard, Dixon Mitchell, BNY Mellon, and Mackenzie Financial also significantly increased their stakes. Despite missing Q3 earnings expectations, with EPS of $0.06 against an expected $0.51, analysts maintain a "Moderate Buy" consensus for Methanex with a target price of $46.55.

Intact Investment Management Inc. increased its stake in Methanex Corporation by 16.7%, acquiring an additional 62,600 shares, bringing its total to 436,500 shares valued at $14.45 million, representing approximately 0.56% of the company. Institutional investors now own 73.49% of Methanex. Despite missing Q3 earnings estimates, the company declared a quarterly dividend of $0.185 per share, and analysts rate the stock a "Moderate Buy" with a consensus target price of $46.55.

Quantbot Technologies LP significantly reduced its stake in Methanex Corporation by 69% in the second quarter, selling 53,337 shares and retaining 23,917 shares valued at $792,000. This divestment occurred despite Methanex's recent dividend announcement and a "Moderate Buy" consensus rating from analysts with an average target price of $46.55, following a quarter where the company missed earnings and revenue expectations.