Workflow
Methanex(MEOH)
icon
Search documents
Methanex (MEOH) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-02-25 18:05
Core Viewpoint - Methanex (MEOH) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Methanex suggest an improvement in the company's underlying business, likely leading to increased stock prices [5]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Methanex is expected to earn $4.32 per share, representing a 16.1% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Methanex has risen by 14.1% [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - Methanex's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Here's Why Methanex (MEOH) is a Strong Growth Stock
ZACKS· 2025-02-21 15:50
Company Overview - Methanex is the world's largest supplier of methanol, serving North America, Asia-Pacific, Europe, and Latin America [11] - Approximately two-thirds of methanol demand is for traditional chemical derivatives, while one-third is for energy-related applications [11] Investment Ratings - Methanex holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for growth [12] - The company is particularly appealing for growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 16.1% for the current fiscal year [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates upwards, increasing the Zacks Consensus Estimate by $0.49 to $4.32 per share [12] - Methanex has an average earnings surprise of 85.2%, suggesting strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Methanex is recommended for investors' consideration [13]
Here is Why Growth Investors Should Buy Methanex (MEOH) Now
ZACKS· 2025-02-06 18:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Methanex (MEOH) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth seen as indicative of strong future prospects [4] - Methanex has a historical EPS growth rate of 16.1%, with projected EPS growth of 12.8% this year, surpassing the industry average of 8.7% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [6] - Methanex's year-over-year cash flow growth stands at 17%, significantly higher than the industry average of -2.6% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 9%, compared to the industry average of -3.3% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - Methanex's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 9.7% over the past month [9] Group 5: Overall Positioning - Methanex has achieved a Growth Score of A and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [11]
Fast-paced Momentum Stock Methanex (MEOH) Is Still Trading at a Bargain
ZACKS· 2025-02-06 14:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum if their valuations exceed future growth potential, leading to potential losses for investors [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Methanex (MEOH) Analysis - Methanex (MEOH) has shown a four-week price change of 7.8%, indicating growing investor interest [4] - Over the past 12 weeks, MEOH's stock has gained 23.5%, with a beta of 1.36, suggesting it moves 36% more than the market [5] - MEOH has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - MEOH has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is trading at a Price-to-Sales ratio of 0.95, suggesting it is undervalued as investors pay only 95 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides MEOH, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens to assist in identifying potential winning stocks based on various investing styles [9]
Why Methanex (MEOH) is a Top Growth Stock for the Long-Term
ZACKS· 2025-02-04 15:45
Core Insights - Zacks Premium provides various tools and resources to help investors make informed decisions and invest confidently in the stock market [1][2] Zacks Style Scores - Zacks Style Scores are indicators designed to assist investors in selecting stocks with the highest potential to outperform the market within a 30-day timeframe [3] - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [3] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales to highlight attractive investment opportunities [4] - **Growth Score**: Evaluates stocks based on projected and historical earnings, sales, and cash flow to identify those with sustainable growth potential [5] - **Momentum Score**: Assesses stocks based on price trends and earnings estimate changes to identify optimal entry points for investment [6] - **VGM Score**: A composite score that combines Value, Growth, and Momentum Scores, providing a comprehensive view of a stock's attractiveness [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential returns [10] - Stocks with lower ranks, even if they have high Style Scores, may still face declining earnings forecasts, increasing the risk of price drops [11] Company Spotlight: Methanex Corporation - Methanex Corporation is the largest supplier of methanol globally, serving markets in North America, Asia-Pacific, Europe, and Latin America [12] - Methanol is primarily used in chemical production and energy-related applications, with demand influenced by global economic activity [12] - Methanex holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong growth potential with an expected year-over-year earnings growth of 8.1% for the current fiscal year [13] - Recent earnings estimates for Methanex have been revised upward, with the Zacks Consensus Estimate increasing by $0.23 to $4.02 per share [13] - The company has demonstrated an average earnings surprise of 85.2%, making it a strong candidate for growth investors [13][14]
Methanex's Q4 Earnings Outpace Estimates, Revenues Miss
ZACKS· 2025-01-30 17:11
Methanex Corporation (MEOH) reported fourth-quarter 2024 net income of $45 million or 67 cents per share, an increase from the prior-year quarter’s profits of $33 million or 50 cents per share.Adjusted earnings per share rose to $1.24 from the year-ago quarter’s 52 cents. The figure surpassed the Zacks consensus estimate of $1.01.Net sales in the quarter stood at $949 million, missing the Zacks consensus estimate of $1,023.7 million. However, the revenues displayed growth of roughly 3% from the previous yea ...
Should Value Investors Buy Methanex (MEOH) Stock?
ZACKS· 2025-01-30 15:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companie ...
Compared to Estimates, Methanex (MEOH) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-01-30 02:30
For the quarter ended December 2024, Methanex (MEOH) reported revenue of $949 million, up 2.9% over the same period last year. EPS came in at $1.24, compared to $0.52 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.02 billion, representing a surprise of -7.29%. The company delivered an EPS surprise of +22.77%, with the consensus EPS estimate being $1.01.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...
Methanex (MEOH) Q4 Earnings Surpass Estimates
ZACKS· 2025-01-30 01:56
Methanex (MEOH) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.77%. A quarter ago, it was expected that this methanol supplier would post earnings of $0.44 per share when it actually produced earnings of $1.21, delivering a surprise of 175%.Over the last four quarters, the company ...
Methanex (MEOH) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-22 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Methanex (MEOH) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numbers are better than exp ...