In yesterday’s Wall Street session, Cemex S.A.B. De C.V. ADR (NYSE:CX) shares traded at $8.80, down -0.34% from the previous session.
CX stock price is now 7.10% away from the 50-day moving average and 18.66% away from the 200-day moving average. The market capitalization of the company currently stands at $13.30B.
With the price target maintained at $9, Barclays recently Downgraded its rating from Overweight to Equal Weight for Cemex S.A.B. De C.V. ADR (NYSE: CX). On January 09, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $9, while ‘Citigroup’ rates the stock as ‘Buy’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Cemex S.A.B. De C.V. ADR has had a low of $5.18 and a high of $9.27. As of last week, the company has a debt-to-equity ratio of 0.80, a current ratio of 0.74, and a quick ratio of 0.47. According to the stock market information, the enterprise value for the company is $20.29B, which is based on a 71.20 price-to-earnings ratio, a 5.24 price-to-earnings-growth ratio, and a beta of 1.48. The fifty day moving average price for CX is $8.24 and a two-hundred day moving average price translates $7.42 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for Dec, 2023. According to the Building Materials Company, earnings per share came in at -$0.3, missing analysts’ expectations of $0.19 by -0.49. This compares to $0.16 EPS in the same period last year. The net profit margin was 1.05% and return on equity was 1.69% 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 $4.11B in revenue.
