Methanex (MEOH)

• Market cap: $2.18B
• 1 day: -1.76%
• 5 days: 3.08%
• 1 month: 23.95%
• 3 months: -27.98%
• 6 months: -21.46%
• Year to date: -32.41%
• 1 year: -36.45%
• 5 years: 139.56%
• 10 years: -42.80%
• 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

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

• Low target: $36 7% upside
• Avg. target: $45 34% upside
• High target: $53 58% upside

7 analyst ratings

• positive: 3 43%
• neutral: 4 57%
• negative: 0 0%

UBS Joshua Spector 45% 1-year accuracy 26 / 58 met price target	49% upside $50	Buy Maintained	13 May 2025
CIBC Hamir Patel 88% 1-year accuracy 7 / 8 met price target	31% upside $44	Outperformer Maintained	5 May 2025
RBC Capital Nelson Ng 67% 1-year accuracy 2 / 3 met price target	49% upside $50	Sector Perform Maintained	2 May 2025
Raymond James Steve Hansen 50% 1-year accuracy 2 / 4 met price target	19% upside $40	Outperform Maintained	15 Apr 2025
Piper Sandler Charles Neivert 32% 1-year accuracy 11 / 34 met price target	7% upside $36	Neutral Downgraded	7 Apr 2025