Methanex Corporation (USA) (NASDAQ:MEOH) rose 2.84% during previous trade. Monness Crespi & Hardt issued rating on the stock of Methanex Corporation (USA) (NASDAQ:MEOH) in a research note issued to investors on Apr-17-17, the stock received “Upgrade” rating from Neutral to Buy at $67. Additionally CIBC issued their verdict on the stock of the company, on record date of Mar-29-17 the stock was “Upgrade” from Sector Perform to Sector Outperform besides that on Mar-06-17 Methanex Corporation (USA) (NASDAQ:MEOH) was “Reiterated” by Cowen as Outperform from $57 to $60. Furthermore on Feb-24-17the stock was “Upgraded” by Raymond James from Mkt Perform to Outperform.
Methanex Corporation (USA) (NASDAQ:MEOH) shares ended last trading session at the price of $47.05 whereas a number of traders indicating mean target price will hit $55 over the next twelve months, mean value of price target most recently revised on 04/03/17. Methanex Corporation (USA) (NASDAQ:MEOH)’s highest estimates of price target are $65 and low forecast is $39 based on the opinion of 12 analysts. The price target estimates represents a standard deviation of 12.21. However brokerage recommendations suggests an ABR of 2.29 based on calls of 7 experts, where 3 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 2 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 $1.49 EPS for current quarter according to 12 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 $0.97 and high estimate of $1.72. For the current year Methanex Corporation (USA) (NASDAQ:MEOH) has set to release EPS of $4.82 as per the sentiments of 13 analysts, however according to 12 analysts, the company expected to release $3.88 EPS for next year.
Methanex Corporation (USA) (NASDAQ:MEOH)’s average revenue estimates for the current quarter are $812.13M according to 7 number of analysts. However its lowest revenue estimates are $741M and highest revenue estimates are $888.5M. A year ago the company’s sales were $434.85M. Its yearly sales growth estimates are 86.80%. For the next quarter the company has anticipated average revenues of $825.97M, according to the sentiments of 7 analysts. For the current year the company has fixed $3.15B revenues, as per the opinion of 9 analysts. For the current year the company has low revenue estimates of $2.75B in contradiction of high revenue estimates of $3.5B. Whereas for the next year revenues are set at $2.88B by 8 analysts.
The stock exchanged hands 1.20M shares versus average trading capacity of 840,702 shares, while its shares’ total market worth is $4.12B along with 89.84M outstanding shares. Methanex Corporation (USA) (NASDAQ:MEOH) shares were trading -11.28% below from the 52-week high price mark of $53.03 and +79.14% above from the 52-week price bottom of $26.26 However the company observed 52 week high price on 02/27/17 and witnessed 52 week low price on 08/02/16. The company’s price sits -2.11% below from its 50-day moving average of $47.34 and 20.88% far from the stock’s 200-day moving average which is $44.12. Methanex Corporation (USA) (NASDAQ:MEOH)’s price to sales ratio for trailing twelve month stands at 2.13, whereas its price to book ratio for most recent quarter sits at 2.6. However the company’s price to cash per share for most recent quarter stands at 18.99. Its price to free cash flow for trailing twelve months is 83.04.