$1.10 EPS Expected for Methanex Corporation (MEOH)

December 29, 2017 - By reb123z

 $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 $93.47M giving it 13.76 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 decreased 0.41% or $0.25 during the last trading session, reaching $60.55. About 307,674 shares traded. Methanex Corporation (NASDAQ:MEOH) has risen 45.59% since December 30, 2016 and is uptrending. It has outperformed by 28.89% the S&P500.

Methanex Corporation (NASDAQ:MEOH) Ratings Coverage

Among 12 analysts covering Methanex Corporation (NASDAQ:MEOH), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Methanex Corporation had 63 analyst reports since July 27, 2015 according to SRatingsIntel. On Thursday, July 27 the stock rating was maintained by Alembic with “Buy”. The rating was downgraded by UBS to “Sell” on Monday, October 31. The rating was maintained by Cowen & Co with “Buy” on Friday, September 1. Cowen & Co maintained the stock with “Buy” rating in Friday, October 6 report. The company was maintained on Friday, October 27 by RBC Capital Markets. Raymond James downgraded the stock to “Market Perform” rating in Tuesday, October 31 report. The stock of Methanex Corporation (NASDAQ:MEOH) has “Sector Perform” rating given on Monday, October 24 by IBC. The stock of Methanex Corporation (NASDAQ:MEOH) earned “Buy” rating by BMO Capital Markets on Wednesday, August 30. The firm has “Sell” rating by UBS given on Friday, October 13. As per Friday, July 31, the company rating was maintained by RBC Capital Markets.

Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America. The company has market cap of $5.15 billion. It also purchases methanol produced by others under methanol offtake contracts and on the spot market. It has a 19.58 P/E ratio.

Another recent and important Methanex Corporation (NASDAQ:MEOH) news was published by Nasdaq.com which published an article titled: “Methanex Corporation (MEOH) Ex-Dividend Date Scheduled for December 14, 2017” on December 13, 2017.

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