Methanex (NASDAQ:MEOH) Downgraded to “Neutral” Rating by JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of Methanex (NASDAQ:MEOH) (TSE:MX) from an overweight rating to a neutral rating in a report released on Friday morning, MarketBeat reports. JPMorgan Chase & Co. currently has $65.00 price objective on the specialty chemicals company’s stock, up from their prior price objective of $56.00.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada downgraded shares of Methanex from an “outperform” rating to a “sector perform” rating and increased their target price for the company from $55.00 to $65.00 in a research report on Thursday, April 2nd. Canadian Imperial Bank of Commerce increased their target price on shares of Methanex from $52.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Jefferies Financial Group increased their target price on shares of Methanex from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Scotiabank increased their target price on shares of Methanex from $60.00 to $70.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research raised shares of Methanex from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.90.

Methanex Stock Down 2.0%

Shares of NASDAQ MEOH traded down $1.29 during mid-day trading on Friday, reaching $64.25. The company had a trading volume of 1,275,719 shares, compared to its average volume of 1,602,099. The company has a current ratio of 1.96, a quick ratio of 1.37 and a debt-to-equity ratio of 0.98. The firm has a 50 day simple moving average of $56.48 and a two-hundred day simple moving average of $46.29. The stock has a market cap of $4.97 billion, a P/E ratio of -131.12 and a beta of 0.60. Methanex has a 52-week low of $31.57 and a 52-week high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last posted its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08). The company had revenue of $957.42 million during the quarter, compared to analysts’ expectations of $964.76 million. Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the business earned $1.30 earnings per share. Sell-side analysts predict that Methanex will post 5.96 earnings per share for the current year.

Methanex Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Methanex’s dividend payout ratio (DPR) is presently -151.02%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of MEOH. NewEdge Advisors LLC purchased a new position in Methanex during the 2nd quarter worth $50,000. Parkside Financial Bank & Trust grew its position in Methanex by 1,244.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,331 shares of the specialty chemicals company’s stock worth $53,000 after purchasing an additional 1,232 shares during the last quarter. Clearstead Advisors LLC grew its position in Methanex by 336.2% during the 4th quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after purchasing an additional 1,375 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Methanex by 131.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,482 shares of the specialty chemicals company’s stock worth $99,000 after purchasing an additional 1,410 shares during the last quarter. Finally, AXA S.A. purchased a new position in Methanex during the 2nd quarter worth $166,000. 73.49% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Methanex

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: RBC raised its price target on Methanex to $70 (from $65) and kept a “sector perform” rating — the new target implies roughly a mid‑single-digit to high‑single-digit upside and helps underpin the near‑term bullish case. BayStreet.CA
• Positive Sentiment: Zacks reports that earnings estimate revisions for Methanex have been moving higher, suggesting analysts expect improving profitability — this upward revision momentum can support further share gains if guidance/industry conditions confirm it. Zacks: Surging Earnings Estimates Signal Upside
• Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share (payable June 30), a steady income signal that can attract yield‑seeking investors even though the yield is modest (~1.1%). GlobeNewswire: Notice of Cash Dividend
• Neutral Sentiment: Methanex reported AGM voting results showing shareholders backed the board, auditor and executive pay — a standard governance outcome that reduces proxy risk but is unlikely to move the stock materially. GlobeNewswire: AGM Results
• Neutral Sentiment: Q1 earnings call and prepared remarks/transcripts were posted (useful for detail on operations, mark‑to‑market items and outlook). Market reaction will depend on management commentary on margins, feedstock/energy costs and utilization. Fool: Q1 2026 Earnings Transcript
• Negative Sentiment: Methanex reported Q1 EPS of $0.30, missing consensus (~$0.42) and recording a small net loss attributable to mark‑to‑market share‑based compensation — the earnings miss and negative net margin weigh on sentiment. MarketBeat: Q1 Earnings Snapshot
• Negative Sentiment: JPMorgan downgraded Methanex from “overweight” to “neutral” while raising its target to $65 — the rating cut signals less conviction from a major bank and likely pressured the stock despite the modestly higher target. BayStreet.CA

Methanex Company Profile

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).