Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is back to being profitable. The valuation is cheap with price to sale at 0.8x with forward P/E at 9.4x. Price to book is 1.9x. Healthy cash balance and strong financial position. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It’s back to being profitable and increasing revenues over the past quarter. Valuation remains cheap. Methanol prices should return to pre-pandemic levels in the near future. Unlock Premium - Try 5i Free
Methanex Corp is a Canadian stock, trading under the symbol MX-T on the Toronto Stock Exchange (MX-CT). It is usually referred to as TSX:MX or MX-T
In the last year, 6 stock analysts published opinions about MX-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Methanex Corp.
Methanex Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Methanex Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Methanex Corp In the last year. It is a trending stock that is worth watching.
On 2023-02-08, Methanex Corp (MX-T) stock closed at a price of $70.55.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
Earnings per share were 73c, beating estimates of 37c by a wide margin.
Sales of $986M beat estimates by 4%.
Earnings did fall year over year as prices fell about 16%, even as production increased.
The company continues to buy back its own stock.
The new incoming CEO sounded confident for 2023 and about 30% earnings growth is expected this year.
The market has responded well to these better-than-expected results. Unlock Premium - Try 5i Free