Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Methanex Corp (NASDAQ: MEOH) closed at $27.02 up 0.67% from its previous closing price of $26.84. In other words, the price has increased by $0.67 from its previous closing price. On the day, 0.92 million shares were traded. MEOH stock price reached its highest trading level at $27.55 during the session, while it also had its lowest trading level at $26.9.
Ratios:
For a deeper understanding of Methanex Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.98. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.48.
On March 10, 2025, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $53.
Barclays Downgraded its Overweight to Equal Weight on September 10, 2024, whereas the target price for the stock was revised from $56 to $44.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MEOH now has a Market Capitalization of 1821018368 and an Enterprise Value of 4449686016. As of this moment, Methanex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.64, and their Forward P/E ratio for the next fiscal year is 6.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 1.196 whereas that against EBITDA is 6.728.
Stock Price History:
The Beta on a monthly basis for MEOH is 1.03, which has changed by -0.43602586 over the last 52 weeks, in comparison to a change of 0.0635103 over the same period for the S&P500. Over the past 52 weeks, MEOH has reached a high of $56.43, while it has fallen to a 52-week low of $25.46. The 50-Day Moving Average of the stock is -29.31%, while the 200-Day Moving Average is calculated to be -37.86%.
Shares Statistics:
For the past three months, MEOH has traded an average of 540.35K shares per day and 1023120 over the past ten days. A total of 67.40M shares are outstanding, with a floating share count of 66.81M. Insiders hold about 0.87% of the company’s shares, while institutions hold 86.54% stake in the company. Shares short for MEOH as of 1743379200 were 627115 with a Short Ratio of 1.16, compared to 1740700800 on 669104.
Dividends & Splits
According to the company, the forward annual dividend rate for MEOH is 0.74, from 0.74 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02757079The stock’s 5-year Average Dividend Yield is 1.82.
