Core Viewpoint - Methanex Corporation's Geismar 3 methanol plant in Louisiana experienced an unplanned outage, with repairs expected to be completed by early May 2025, impacting second quarter financial results due to lower methanol sales [1][2]. Group 1: Plant Operations - The Geismar 3 plant has a production capacity of 1.8 million tonnes of methanol [1]. - Management has decided to repair the autothermal reformer (ATR) during the outage, which will allow for the completion of other planned maintenance work [2]. - The outage is anticipated to primarily affect the second quarter financial results due to reduced methanol sales [2]. Group 2: Financial Impact - The cost of repairs is not expected to be material, indicating that the financial burden from the outage may be limited [2]. - The previously budgeted three-week outage for planned maintenance is no longer expected to be required, suggesting potential operational efficiencies [2]. Group 3: Company Overview - Methanex is the world's largest supplier of methanol and is publicly traded on the Toronto Stock Exchange and Nasdaq [3]. - The company is headquartered in Vancouver, British Columbia, and operates globally [3].

ethanex Annual Report TABLE OF CONTENTS | 2 | 2024 Financial Highlights | | --- | --- | | 3 | President's Message to Shareholders | | 5 | Chair's Message to Shareholders | | 6 | Management's Discussion and Analysis | | 49 | Consolidated | | | Financial Statements | | 54 | Notes to Consolidated | | | Financial Statements | Methanex Corporation is the world's largest producer and supplier of methanol and serves customers in Asia Pacific, North America, Europe and South America. Our methanol production sites a ...

A month has gone by since the last earnings report for Methanex (MEOH) . Shares have lost about 15.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Methanex due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Methanex’s Q4 Earnings Outpace Estimates, Revenues Miss ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Methanex (MEOH) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Methanex has a historical EPS growth rate of 16.1%, with projected EPS growth for the current year also at 16.1%, significantly outperforming the industry average of 7.8% [4]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 17%, which is notably higher than the industry average of -2.6% [5]. - Over the past 3-5 years, Methanex's annualized cash flow growth rate has been 9%, compared to the industry average of -3.9% [6]. Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Methanex, with the Zacks Consensus Estimate for the current year increasing by 7.3% over the past month [7]. Group 4: Overall Assessment - Methanex has achieved a Growth Score of A and holds a Zacks Rank 2, indicating it is a potential outperformer and a solid choice for growth investors [9].

Core Viewpoint - Methanex (MEOH) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Methanex suggest an improvement in the company's underlying business, likely leading to increased stock prices [5]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Methanex is expected to earn $4.32 per share, representing a 16.1% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Methanex has risen by 14.1% [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - Methanex's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Company Overview - Methanex is the world's largest supplier of methanol, serving North America, Asia-Pacific, Europe, and Latin America [11] - Approximately two-thirds of methanol demand is for traditional chemical derivatives, while one-third is for energy-related applications [11] Investment Ratings - Methanex holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for growth [12] - The company is particularly appealing for growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 16.1% for the current fiscal year [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates upwards, increasing the Zacks Consensus Estimate by $0.49 to $4.32 per share [12] - Methanex has an average earnings surprise of 85.2%, suggesting strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Methanex is recommended for investors' consideration [13]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - Methanex (MEOH) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth seen as indicative of strong future prospects [4] - Methanex has a historical EPS growth rate of 16.1%, with projected EPS growth of 12.8% this year, surpassing the industry average of 8.7% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [6] - Methanex's year-over-year cash flow growth stands at 17%, significantly higher than the industry average of -2.6% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 9%, compared to the industry average of -3.3% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - Methanex's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 9.7% over the past month [9] Group 5: Overall Positioning - Methanex has achieved a Growth Score of A and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [11]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum if their valuations exceed future growth potential, leading to potential losses for investors [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Methanex (MEOH) Analysis - Methanex (MEOH) has shown a four-week price change of 7.8%, indicating growing investor interest [4] - Over the past 12 weeks, MEOH's stock has gained 23.5%, with a beta of 1.36, suggesting it moves 36% more than the market [5] - MEOH has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - MEOH has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is trading at a Price-to-Sales ratio of 0.95, suggesting it is undervalued as investors pay only 95 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides MEOH, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Zacks offers over 45 Premium Screens to assist in identifying potential winning stocks based on various investing styles [9]

Core Insights - Zacks Premium provides various tools and resources to help investors make informed decisions and invest confidently in the stock market [1][2] Zacks Style Scores - Zacks Style Scores are indicators designed to assist investors in selecting stocks with the highest potential to outperform the market within a 30-day timeframe [3] - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [3] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales to highlight attractive investment opportunities [4] - **Growth Score**: Evaluates stocks based on projected and historical earnings, sales, and cash flow to identify those with sustainable growth potential [5] - **Momentum Score**: Assesses stocks based on price trends and earnings estimate changes to identify optimal entry points for investment [6] - **VGM Score**: A composite score that combines Value, Growth, and Momentum Scores, providing a comprehensive view of a stock's attractiveness [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential returns [10] - Stocks with lower ranks, even if they have high Style Scores, may still face declining earnings forecasts, increasing the risk of price drops [11] Company Spotlight: Methanex Corporation - Methanex Corporation is the largest supplier of methanol globally, serving markets in North America, Asia-Pacific, Europe, and Latin America [12] - Methanol is primarily used in chemical production and energy-related applications, with demand influenced by global economic activity [12] - Methanex holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong growth potential with an expected year-over-year earnings growth of 8.1% for the current fiscal year [13] - Recent earnings estimates for Methanex have been revised upward, with the Zacks Consensus Estimate increasing by $0.23 to $4.02 per share [13] - The company has demonstrated an average earnings surprise of 85.2%, making it a strong candidate for growth investors [13][14]

Methanex Corporation (MEOH) reported fourth-quarter 2024 net income of $45 million or 67 cents per share, an increase from the prior-year quarter’s profits of $33 million or 50 cents per share.Adjusted earnings per share rose to $1.24 from the year-ago quarter’s 52 cents. The figure surpassed the Zacks consensus estimate of $1.01.Net sales in the quarter stood at $949 million, missing the Zacks consensus estimate of $1,023.7 million. However, the revenues displayed growth of roughly 3% from the previous yea ...