MethanexMEOH
About: Methanex Corp manufactures and sells methanol. Methanex's 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. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.
Employees: 1,451
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
368% more call options, than puts
Call options by funds: $29.4M | Put options by funds: $6.3M
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
1% more funds holding
Funds holding: 159 [Q2] → 160 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2.52% less ownership
Funds ownership: 73.3% [Q2] → 70.79% (-2.52%) [Q3]
17% less capital invested
Capital invested by funds: $2.39B [Q2] → $1.97B (-$416M) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
CIBC Jacob Bout 0% 1-year accuracy 0 / 1 met price target | 22%upside $59 | Outperformer Assumed | 10 Dec 2024 |
Piper Sandler Charles Neivert 40% 1-year accuracy 14 / 35 met price target | 47%upside $71 | Overweight Maintained | 19 Nov 2024 |
Barclays Michael Leithead 32% 1-year accuracy 6 / 19 met price target | 5%downside $46 | Equal-Weight Maintained | 11 Nov 2024 |
UBS Joshua Spector 37% 1-year accuracy 14 / 38 met price target | 9%upside $53 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 5 articles about MEOH published over the past 30 days
