Stocks of CEMEX S.A.B. de C.V. (NYSE:CX) traded higher last session on Wall Street, down -1.37% to $6.50.
According to the data, CEMEX S.A.B. de C.V. (NYSE:CX) has 20 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. CX stock price is now 13.43% away from the 50-day moving average and 39.25% away from the 200-day moving average. The market capitalization of the company currently stands at $9.96B.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
A total of 6 analysts have issued a hold rating and 13 have given it a buy rating.
A total of 60.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CX stock. A new stake in CEMEX S.A.B. de C.V. shares was purchased by CAPITAL INTERNATIONAL INVESTORS during the first quarter worth $168,123,000. SCHRODER INVESTMENT MANAGEMENT GROUP invested $97,385,000 in shares of CX during the first quarter. In the first quarter, PERPETUAL LTD acquired a new stake in CEMEX S.A.B. de C.V. valued at approximately $72,498,000. PRINCIPAL FINANCIAL GROUP INC acquired a new stake in CX for approximately $23,366,000. AXA S.A. purchased a new stake in CX valued at around $14,513,000 in the second quarter. In total, there are 309 active investors with 30.00% ownership of the company’s stock.
Friday’s opening bell rang with an opening price of $6.64 for CEMEX S.A.B. de C.V. (NYSE: CX). During the past 12 months, CEMEX S.A.B. de C.V. has had a low of $3.20 and a high of $6.85. As of last week, the company has a debt-to-equity ratio of 0.78, a current ratio of 0.80, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $17.57B, which is based on a 17.62 price-to-earnings ratio, a 1.30 price-to-earnings-growth ratio, and a beta of 1.40. The fifty day moving average price for CX is $5.76 and a two-hundred day moving average price translates $4.68 for the stock.
The latest earnings results from CEMEX S.A.B. de C.V. (NYSE: CX) was released for Mar, 2023. According to the Building Materials Company, earnings per share came in at $0.15, beating analysts’ expectations of $0.09 by 0.06. This compares to $0.01 EPS in the same period last year. The net profit margin was 5.50% and return on equity was 8.30% for CX. The company reported revenue of $4.04 billion for the quarter, compared to $3.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.35 percent. For the current quarter, analysts expect CX to generate $4.35B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/18/2019. Investors who held shares on 12/16/2019 were paid a $0.04962 dividend.
CEMEX S.A.B. de C.V.(CX) Company Profile
CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. The company also offers asphalt, concrete blocks, concrete block paving, rail sleepers, and flooring systems; architectural concrete products; and box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building and paving solutions; logistic services; retail service through e-commerce platform; and design and engineering services. The company was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.
Leave a Reply