The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, 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
44 / 70
Overall Ranking
237 / 4621
Industry
Chemicals
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
49.556
Target Price
+45.79%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Methanex Corp Highlights
StrengthsRisks
Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 30.41%.
Undervalued
The company’s latest PB is 1.02, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 52.08M shares, decreasing 8.49% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.04.
Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.