Methanex Corp

MX-T

TSE:MX

44.17
0.26 (0.59%)
Methanex Corporation is a Canadian company that supplies, distributes and markets methanol worldwide.
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Analysis and Opinions about MX-T

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
June 3, 2021
(A Top Pick Jun 11/20, Up 65%) Came roaring back from the abyss. Making lots of money at current methanol prices. Robust industrial protection. Wind at their backs. He's still buying. Significant ongoing upside potential. Valuation still undemanding.
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Methanex Corp (MX-T)
June 3, 2021
(A Top Pick Jun 11/20, Up 65%) Came roaring back from the abyss. Making lots of money at current methanol prices. Robust industrial protection. Wind at their backs. He's still buying. Significant ongoing upside potential. Valuation still undemanding.
Brian Madden
Price
$44.470
Owned
Yes
COMMENT
COMMENT
May 17, 2021

MX-T vs. CJT-T vs. Canadian Banks. MX-T is very tied to commodity prices. CJT-T enjoyed a surge in business due to the pandemic so probably due for a bit of a breather. He would prefer the Canadian banks, such as RY-T, TD-T and NA-T.

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Methanex Corp (MX-T)
May 17, 2021

MX-T vs. CJT-T vs. Canadian Banks. MX-T is very tied to commodity prices. CJT-T enjoyed a surge in business due to the pandemic so probably due for a bit of a breather. He would prefer the Canadian banks, such as RY-T, TD-T and NA-T.

Teal Linde
Price
$47.050
Owned
Unknown
TOP PICK
TOP PICK
May 4, 2021
A value cyclical play. They're the world's biggest producer of methanol. They reported a blow-out Q1 last week due to strong methanol demand roaring back from the abyss of last year as people start driving and flying again. Industrial demand has remained strong. They operate six plants tglobally, located near cheap natural gas stocks. Share have recovered nicely since last year, but he sees even more upside. It trades at 2.4x book value, a discount for them. (Analysts’ price target is $53.50)
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A value cyclical play. They're the world's biggest producer of methanol. They reported a blow-out Q1 last week due to strong methanol demand roaring back from the abyss of last year as people start driving and flying again. Industrial demand has remained strong. They operate six plants tglobally, located near cheap natural gas stocks. Share have recovered nicely since last year, but he sees even more upside. It trades at 2.4x book value, a discount for them. (Analysts’ price target is $53.50)
Brian Madden
Price
$47.610
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
March 24, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is looking more attractive with the pull back this year. Contract prices are rising and this year should see some robust growth. Much will depend on global recovery. Unlock Premium - Try 5i Free

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Methanex Corp (MX-T)
March 24, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is looking more attractive with the pull back this year. Contract prices are rising and this year should see some robust growth. Much will depend on global recovery. Unlock Premium - Try 5i Free

BUY
BUY
February 3, 2021
Likes it, and continues to buy. It did check back in January, and we've seen this before. Seems to be consolidating in low $40s. High beta, volatile stock. Considerably more upside. Expects good earnings growth in 2021. Methanol market is really firming up, prices are up.
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Methanex Corp (MX-T)
February 3, 2021
Likes it, and continues to buy. It did check back in January, and we've seen this before. Seems to be consolidating in low $40s. High beta, volatile stock. Considerably more upside. Expects good earnings growth in 2021. Methanol market is really firming up, prices are up.
Brian Madden
Price
$43.640
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
January 29, 2021

A wild stock. They have been having some production troubles combined with methanol prices coming down. It is a whippy stock. It is part of the recovery trade and you could inch in a little bit more.

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Methanex Corp (MX-T)
January 29, 2021

A wild stock. They have been having some production troubles combined with methanol prices coming down. It is a whippy stock. It is part of the recovery trade and you could inch in a little bit more.

Greg Newman
Price
$42.660
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 7, 2021
(A Top Pick Jan 09/20, Up 23%) A recovery play, very cyclical. Has moved dramatically since March lows, but there's still upside. Largest producer of methanol in the world. Continues to buy.
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Methanex Corp (MX-T)
January 7, 2021
(A Top Pick Jan 09/20, Up 23%) A recovery play, very cyclical. Has moved dramatically since March lows, but there's still upside. Largest producer of methanol in the world. Continues to buy.
Brian Madden
Price
$60.890
Owned
Yes
SPECULATIVE BUY
SPECULATIVE BUY
December 10, 2020
Don't put all your money into this one. It's a one-product, commodity company. A price taker, rather than a price maker. It's a trade, not an investment. It can go down as fast as it can go up.
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Methanex Corp (MX-T)
December 10, 2020
Don't put all your money into this one. It's a one-product, commodity company. A price taker, rather than a price maker. It's a trade, not an investment. It can go down as fast as it can go up.
David Baskin
Price
$56.270
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 2, 2020
(A Top Pick Jan 09/20, Up 7%) It's done well in the past coming out of past recessions. When we get back to more robust economic conditions, methanol demand will pick up. Methanol prices are already up off June/July lows. A survivor.
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Methanex Corp (MX-T)
December 2, 2020
(A Top Pick Jan 09/20, Up 7%) It's done well in the past coming out of past recessions. When we get back to more robust economic conditions, methanol demand will pick up. Methanol prices are already up off June/July lows. A survivor.
Brian Madden
Price
$52.390
Owned
Yes
BUY
BUY
November 5, 2020
Moved nicely since the summer, but more in the tank. Wildly cyclical. Recent earnings not very good, but tailwinds should improve things fourth quarter. Contract prices for methanol are up.
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Methanex Corp (MX-T)
November 5, 2020
Moved nicely since the summer, but more in the tank. Wildly cyclical. Recent earnings not very good, but tailwinds should improve things fourth quarter. Contract prices for methanol are up.
Brian Madden
Price
$38.450
Owned
Yes
DON'T BUY
DON'T BUY
October 14, 2020
Global methanol player. Quite cyclical, follows the economy and oil prices. Comes off in a recession. Could get back to the $90s, but she avoids the cyclical names.
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Methanex Corp (MX-T)
October 14, 2020
Global methanol player. Quite cyclical, follows the economy and oil prices. Comes off in a recession. Could get back to the $90s, but she avoids the cyclical names.
DON'T BUY
DON'T BUY
September 28, 2020
It is an additive in many chemicals. There is a demand in the energy area, where that sector's demand has been pretty weak. There needs to be some driver in the sector in the business to make it go higher, but he does not know what that is.
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Methanex Corp (MX-T)
September 28, 2020
It is an additive in many chemicals. There is a demand in the energy area, where that sector's demand has been pretty weak. There needs to be some driver in the sector in the business to make it go higher, but he does not know what that is.
Brendan Caldwell
Price
$29.820
Owned
Unknown
TOP PICK
TOP PICK
September 10, 2020
Offers selective exposure to cyclicals during this recovery. MX holds a 14% share of global methanol market, used in plastics and fuel blending. Generates heavy free cash and buys back shares at the top of the economic cycle. They run efficient plants in Canada, Chile, New Zealand, etc. near low-cost natural gas supplies. Methanol's price is now very low as the pandemic pressures transportation fuel demand. A value stock, so now is a great time to enter it. It trades at 1.4x book value (10-year average is 2.5x). Upside is huge. (Analysts’ price target is $30.42)
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Methanex Corp (MX-T)
September 10, 2020
Offers selective exposure to cyclicals during this recovery. MX holds a 14% share of global methanol market, used in plastics and fuel blending. Generates heavy free cash and buys back shares at the top of the economic cycle. They run efficient plants in Canada, Chile, New Zealand, etc. near low-cost natural gas supplies. Methanol's price is now very low as the pandemic pressures transportation fuel demand. A value stock, so now is a great time to enter it. It trades at 1.4x book value (10-year average is 2.5x). Upside is huge. (Analysts’ price target is $30.42)
Brian Madden
Price
$29.670
Owned
Yes
TOP PICK
TOP PICK
June 11, 2020
It is a cyclical stock. It is a best of breed. Their advantage is low cost leadership. Some of their plants are idle right now. It is likely a double coming out of this. (Analysts’ price target is $28.54)
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Methanex Corp (MX-T)
June 11, 2020
It is a cyclical stock. It is a best of breed. Their advantage is low cost leadership. Some of their plants are idle right now. It is likely a double coming out of this. (Analysts’ price target is $28.54)
Brian Madden
Price
$29.770
Owned
Yes
WEAK BUY
WEAK BUY
May 28, 2020
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.
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Methanex Corp (MX-T)
May 28, 2020
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.
Robert Lauzon
Price
$23.930
Owned
Unknown
Showing 1 to 15 of 377 entries

Methanex Corp(MX-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 10

Stockchase rating for Methanex Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Methanex Corp(MX-T) Frequently Asked Questions

What is Methanex Corp stock symbol?

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

Is Methanex Corp a buy or a sell?

In the last year, 10 stock analysts published opinions about MX-T. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Methanex Corp.

Is Methanex Corp a good investment or a top pick?

Methanex Corp was recommended as a Top Pick by Brian Madden on 2021-06-03. Read the latest stock experts ratings for Methanex Corp.

Why is Methanex Corp stock dropping?

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.

Is Methanex Corp worth watching?

10 stock analysts on Stockchase covered Methanex Corp In the last year. It is a trending stock that is worth watching.

What is Methanex Corp stock price?

On 2021-06-15, Methanex Corp (MX-T) stock closed at a price of $44.17.