$1.10 EPS Expected for Methanex Corporation (MEOH)

January 23, 2018 - By Louis Casey

 $1.10 EPS Expected for Methanex Corporation (MEOH)

Analysts expect Methanex Corporation (NASDAQ:MEOH) to report $1.10 EPS on January, 24.They anticipate $0.82 EPS change or 292.86 % from last quarter’s $0.28 EPS. MEOH’s profit would be $90.90M giving it 13.51 P/E if the $1.10 EPS is correct. After having $0.60 EPS previously, Methanex Corporation’s analysts see 83.33 % EPS growth. The stock increased 0.34% or $0.2 during the last trading session, reaching $59.45. About 626,704 shares traded or 6.97% up from the average. Methanex Corporation (NASDAQ:MEOH) has risen 45.59% since January 23, 2017 and is uptrending. It has outperformed by 28.89% the S&P500.

Methanex Corporation (NASDAQ:MEOH) Ratings Coverage

Among 13 analysts covering Methanex Corporation (NASDAQ:MEOH), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Methanex Corporation has $72.0 highest and $27 lowest target. $53.55’s average target is -9.92% below currents $59.45 stock price. Methanex Corporation had 69 analyst reports since July 27, 2015 according to SRatingsIntel. On Tuesday, November 24 the stock rating was maintained by Cowen & Co with “Buy”. The rating was upgraded by Raymond James to “Outperform” on Friday, February 24. The company was maintained on Wednesday, November 30 by Cowen & Co. The stock of Methanex Corporation (NASDAQ:MEOH) has “Hold” rating given on Friday, August 25 by RBC Capital Markets. On Monday, May 29 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Monday, January 8 by Alembic. The firm has “Buy” rating given on Friday, August 7 by Jefferies. The rating was upgraded by IBC on Wednesday, March 29 to “Outperform”. On Friday, November 24 the stock rating was maintained by BMO Capital Markets with “Buy”. Cowen & Co maintained Methanex Corporation (NASDAQ:MEOH) rating on Friday, September 1. Cowen & Co has “Buy” rating and $55.0 target.

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company has market cap of $4.91 billion. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. It has a 19.22 P/E ratio.

More news for Methanex Corporation (NASDAQ:MEOH) were recently published by: Nasdaq.com, which released: “Methanex (MEOH) Hits New 52-Week High: What’s Driving It?” on January 03, 2018. Zacks.com‘s article titled: “Surging Earnings Estimates Signal Good News for Methanex Corporation (MEOH …” and published on January 08, 2018 is yet another important article.

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