Methanex (MEOH)

• Market cap: $2.06B
• 1 day: -1.54%
• 5 days: 0.84%
• 1 month: -10.83%
• 3 months: -39.55%
• 6 months: -21.10%
• Year to date: -36.85%
• 1 year: -34.69%
• 5 years: 97.04%
• 10 years: -48.03%
• Sector: Materials
• Industry: Chemicals

About: Methanex Corp manufactures and sells methanol. Its customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. It distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. The company generates the majority of its revenue from Europe.

Employees: 1,415

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

648% more call options, than puts

Call options by funds: $38.4M | Put options by funds: $5.13M

200% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 6 (+4) [Q4]

64% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 22

27% more capital invested

Capital invested by funds: $1.97B [Q3] → $2.5B (+$534M) [Q4]

22% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 50

7% more funds holding

Funds holding: 162 [Q3] → 173 (+11) [Q4]

3.51% more ownership

Funds ownership: 70.78% [Q3] → 74.29% (+3.51%) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $36 15% upside
• Avg. target: $49 55% upside
• High target: $63 101% upside

8 analyst ratings

• positive: 4 50%
• neutral: 4 50%
• negative: 0 0%

CIBC Hamir Patel 57% 1-year accuracy 4 / 7 met price target	50% upside $47	Outperformer Maintained	29 Apr 2025
Raymond James Steve Hansen 50% 1-year accuracy 2 / 4 met price target	28% upside $40	Outperform Maintained	15 Apr 2025
UBS Joshua Spector 35% 1-year accuracy 18 / 51 met price target	69% upside $53	Buy Maintained	7 Apr 2025
Piper Sandler Charles Neivert 33% 1-year accuracy 13 / 39 met price target	15% upside $36	Neutral Downgraded	7 Apr 2025
RBC Capital Nelson Ng 33% 1-year accuracy 1 / 3 met price target	76% upside $55	Sector Perform Reiterated	1 Apr 2025