Methanex Corp (MX.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Methanex Corp (MX.TO)

68.44

-0.47 (0.68%)

as of Jun 26, 2026, 3:41:59 pm Market Open.

101 watching

Investor Insights

Jun 26, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Methanex Corp (MX-T) is receiving mixed reviews from analysts, showcasing both strong technical indicators and concerns regarding its financial performance. One expert highlights the company's performance in the face of geopolitical tension, suggesting a bullish outlook driven by the increasing demand for fertilizers and chemicals. Another analyst points to recent price movements suggesting potential breakout points, although caution is advised due to the possibility of additional pullbacks. However, a third review notes a decline in EPS and revenue forecasts, indicating a need for a solid turnaround before clearer bullish trends can be established. Overall, while the stock demonstrates strong technical support and potential upside, there are underlying financial challenges that investors should monitor closely.

Consensus

Mixed

Valuation

Undervalued

Similar

CF, CF

WEAK BUY

It is taking a lot more risk but could end up being a great trade. It is a cyclical company. If you have a very favourable view of the economy you can own it.

BUY

We have seen some constructive signs coming out of it recently. It is a company hit by the demand-shock like so many during COVID. He is looking at putting it back into his portfolio.

BUY ON WEAKNESS

A deep cyclical that hit its lower target range. His is watching and would love to buy on a dip towards $16.

WAIT

It has benefited from the fall in Natural Gas prices, which is its feed stock, but it suffered with the drop off in demand for gasoline. He would say it is similar in seasonality to WTI. If oil gets strength, this one should do well, consider late in the summer time. We aren't there yet.

HOLD

Why correlated to oil? He owns it and was disappointed they decided to cut the dividend by 90% -- the first cut ever. It had been yielding 11% up to that, so the market was expecting some cut. It correlates to natural gas an input, but its output is related to gasoline as methanol is an additive to the fuel. He thinks going forward, although this is a cyclical business they should be able to weather the recession as it has in the past. He expects juicy capital appreciation as it trades 0.8 times book value. They have idled high cost facilities. It produces 13% of the world's methanol. Not a dividend payer anymore, but good upside on capital.

BUY

He just bought it, because he wanted more value and cyclical names. It's cheap. They're the world's biggest producer of methanol wich is used in plastics. They're expanding capacity in a U.S. plant and should get financing for that plant. They buyback a lot of shares. Now is a pullback opportunity.

WEAK BUY

He has been taking advantage in the markets of selling bond proxies. This would be one of the examples. It is a very cyclical commodity. He thinks the commodity will firm up. They are a big purchaser of their own stock. He thinks you can buy it comfortably and wait for the market to firm up.

COMMENT

Long-term downtrend. Support at $40, but it's testing that support now. If it falls lower than that, reduce or sell altogether.

DON'T BUY

It has a big mountain of existing shares held (the chart peaked then fell a lot), so it faces a huge challenge to rise. Stay away.

SELL ON STRENGTH

It came down from a $60 head and shoulders, breaking it. Now, it's consolidating. $60 was support and is now resistance. So, sell at $60.

TOP PICK

Largest producer of methanol in the world, with 14% share of global market. Lots of free cash flow. Dividend has grown 9% annually over last 10 years, plus retired 17% of shares. Discounted valuation, so a good entry point. Yield is 3.8%. (Analysts’ price target is $53.88)

BUY

Seasonality is late-January to early-May. This has broken its downtrend line, so the outlook looks good.

DON'T BUY

They produce a product that is loosely a substitute for gasoline. The issue is that they produce in foreign jurisdictions. He does not like to worry about the different demand characteristics compared to gasoline. He would not bother with it at these levels although it could be a trading vehicle. He prefers CNQ-T.

DON'T BUY

The issue is that it is a cyclical. Fundamentals have been going down. Model price is $40.74, or a 13% downside.

BUY

It's had a strong sell-off, so now you can buy it.

Showing 46 to 60 of 408 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Kevin Simpson

Capital Wealth Planning

Bryn Talkington

Requisite Capital Management

Andrey Omelchak

LionGuard Capital Management

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Methanex Corp (MX.TO)