The stock of Cemex S.A.B. De C.V. ADR (NYSE:CX) last traded at $6.88, down -1.71% from the previous session.
Data from the available sources indicates that Cemex S.A.B. De C.V. ADR (NYSE:CX) is covered by 19 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $14.00 and a low of $6.75, we find $9.00. Given the previous closing price of $7.00, this indicates a potential upside of 28.57 percent. CX stock price is now 5.82% away from the 50-day moving average and 6.82% away from the 200-day moving average. The market capitalization of the company currently stands at $10.40B.
In total, 5 analysts have assigned it a hold rating, and 12 have given it a buy rating. Brokers who have rated the stock have averaged $9.21 as their price target over the next twelve months.
A total of 0.00% of the company’s stock is owned by insiders.
With an opening price of $7.00 on Thursday morning, Cemex S.A.B. De C.V. ADR (NYSE: CX) set off the trading day. During the past 12 months, Cemex S.A.B. De C.V. ADR has had a low of $3.98 and a high of $8.46. As of last week, the company has a debt-to-equity ratio of 0.62, a current ratio of 0.89, and a quick ratio of 0.58. According to the stock market information, the enterprise value for the company is $18.47B, which is based on a 22.08 price-to-earnings ratio, a 1.62 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for CX is $6.49 and a two-hundred day moving average price translates $6.45 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for Sep, 2023. According to the Building Materials Company, earnings per share came in at $0.09, missing analysts’ expectations of $0.23 by -0.14. This compares to $0.16 EPS in the same period last year. The net profit margin was 2.69% and return on equity was 4.00% for CX. The company reported revenue of $4.57 billion for the quarter, compared to $3.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.55 percent. For the current quarter, analysts expect CX to generate $4.23B in revenue.
Cemex S.A.B. De C.V. ADR(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.
