Is Methanex (MEOH) Outperforming Other Basic Materials Stocks This Year?
ZACKS·2026-02-12 15:41

Company Performance - Methanex (MEOH) has gained approximately 24% year-to-date, outperforming the average return of 23.6% for Basic Materials companies [4] - The Zacks Consensus Estimate for Methanex's full-year earnings has increased by 0.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Context - Methanex is part of the Chemical - Diversified industry, which consists of 29 companies and currently ranks 213 in the Zacks Industry Rank. This industry has seen an average gain of about 27.5% year-to-date, suggesting that Methanex is slightly underperforming its industry peers [5] - The Basic Materials group, which includes Methanex, is ranked 1 within the Zacks Sector Rank, indicating strong overall performance compared to other sectors [2]