Analyst Ratings for Methanex Corp. (MEOH)Updated: 2017-07-26
Shares of Methanex Corp. (NASDAQ:MEOH) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for MEOH last month.
A buy rating was issued by 7 analysts, 1 issued an overweight rating, 4 gave a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
A number of analysts gave price targets for MEOH. The highest price target was 65, which equates to a potential upside of 41 percent. The most pessimistic price target was 36, implying a possible loss of -21.91 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.61 percent. That number becomes -8.58 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.8 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -16.59 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
MEOH has an estimated earnings growth rate of 185.69 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MEOH is 0.16.
MEOH has a 52-week high of 53.35 and a 52-week low of 26.83. Currently the stock is 71.82 percent higher than its low, and 13.59 percent lower than its 52-week high. MEOH has a price/earnings ratio of 29.94. Investors typically compare the P/E ratio to a company's peers in the industry. The MEOH value stock report compares MEOH to some of its peers using value stock charts. The market cap of MEOH is $4.03 billion. MEOH will post this quarters earnings in days, on 0000-00-00.