Methanex Corporation (USA) (NASDAQ:MEOH) rose 2.16% during previous trade. Raymond James issued rating on the stock of Methanex Corporation (USA) (NASDAQ:MEOH) in a research note issued to investors on Feb-24-17, the stock received “Upgrade” rating from Mkt Perform to Outperform. Additionally Cowen issued their verdict on the stock of the company, on record date of Jan-30-17 the stock was “Reiterated” as Outperform from $51 to $57 besides that on Jan-27-17 Methanex Corporation (USA) (NASDAQ:MEOH) was “Reiterated” by RBC Capital Mkts as Sector Perform from $42 to $57. Furthermore on Dec-28-16 the stock was “Reiterated” by Cowen as Outperform from $48 to $51.
Methanex Corporation (USA) (NASDAQ:MEOH) shares ended last trading session at the price of $51.95 whereas a number of traders indicating mean target price will hit $53.73 over the next twelve months, mean value of price target most recently revised on 02/24/17. Methanex Corporation (USA) (NASDAQ:MEOH)’s highest estimates of price target are $65 and low forecast is $36 based on the opinion of 11 analysts. The price target estimates represents a standard deviation of 12.56. However brokerage recommendations suggests an ABR of 2.71 based on calls of 7 experts, where 2 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.
Methanex Corporation (USA) (NASDAQ:MEOH) is expected to release the earnings of its current quarter on 4/26/17. The company is expected to release $1.27 EPS for current quarter according to 10 analysts whereas the company reported $-0.27 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.94 and high estimate of $1.66. For the current year Methanex Corporation (USA) (NASDAQ:MEOH) has set to release EPS of $3.48 as per the sentiments of 10 analysts, however according to 12 analysts, the company expected to release $3.54 EPS for next year.
Methanex Corporation (USA) (NASDAQ:MEOH)’s average revenue estimates for the current quarter are $738.81M according to 6 number of analysts. However its lowest revenue estimates are $662.3M and highest revenue estimates are $825M. A year ago the company’s sales were $434.85M. Its yearly sales growth estimates are 69.60%. For the next quarter the company has anticipated average revenues of $702.83M, according to the sentiments of 5 analysts. For the current year the company has fixed $2.93B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $2.56B in contradiction of high revenue estimates of $3.4B. Whereas for the next year revenues are set at $2.84B by 8 analysts.
The stock exchanged hands 1.58M shares versus average trading capacity of 851,192 shares, while its shares’ total market worth is $4.76B along with 89.83M outstanding shares. Methanex Corporation (USA) (NASDAQ:MEOH) shares were trading -1.33% below from the 52-week high price mark of $52.65 and +96.61% above from the 52-week price bottom of $26.42 However the company observed 52 week high price on 02/24/17 and witnessed 52 week low price on 08/02/16. The company’s price sits 9.71% above from its 50-day moving average of $48.67 and 43.54% far from the stock’s 200-day moving average which is $39.63. Methanex Corporation (USA) (NASDAQ:MEOH)’s price to sales ratio for trailing twelve month stands at 2.33, whereas its price to book ratio for most recent quarter sits at 2.92. However the company’s price to cash per share for most recent quarter stands at 20.84. Its price to free cash flow for trailing twelve months is 91.13.