In yesterday’s Wall Street session, Cemex S.A.B. De C.V. ADR (NYSE:CX) shares traded at $6.62, up 2.64% from the previous session.
CX stock price is now -16.43% away from the 50-day moving average and -11.91% away from the 200-day moving average. The market capitalization of the company currently stands at $10.01B.
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With the price target of $9, RBC Capital Mkts recently initiated with Underperform rating for Cemex S.A.B. De C.V. ADR (NYSE: CX). On April 24, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $9, while ‘Barclays’ rates the stock as ‘Equal Weight’
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 $5.67 and a high of $9.27. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 0.78, and a quick ratio of 0.51. According to the stock market information, the enterprise value for the company is $101163761664, which is based on a 45.97 price-to-earnings ratio, a 3.38 price-to-earnings-growth ratio, and a beta of 1.49. The fifty day moving average price for CX is $7.9214 and a two-hundred day moving average price translates $7.51515 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for 2024-03-31. According to the Building Materials Company, earnings per share came in at 0.18, missing analysts’ expectations of 0.19 by -0.01. This compares to $1.46 EPS in the same period last year. The net profit margin was 1.21% and return on equity was 1.79% for CX. The company reported revenue of $4.14 billion for the quarter, compared to $4.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.52 percent. For the current quarter, analysts expect CX to generate $4.72B 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 and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products. It also provides crushed stone, sand, gravel, and recycled concrete products; performance materials, such as admixtures, mortars, special mortars, and asphalt; and waste management services comprising municipal and industrial, construction, demolition and excavation, and alternative raw materials. In addition, the company construction related services, including logistics and transportation, retail, pavement services, design and engineering, and others; and industrial construction products consist of precast components, 2D panels, 3D modules, and complete structures. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.
