CEMEX (CX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $5.32 to $5.44
• 50-Day Range: $5.17 to $6.48
• 52-Week Range: $5.00 to $9.27
• Volume: 5.86 million shs
• Average Volume: 13.09 million shs
• Market Capitalization: $7.87 billion
• P/E Ratio: 18.10
• Dividend Yield: 0.74%
• Price Target: $7.82
• Consensus Rating: Moderate Buy

CEMEX Stock Analysis - MarketRank™

CEMEX scored higher than 86% of companies evaluated by MarketBeat, and ranked 32nd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CEMEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CEMEX has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 17.39%

Earnings Growth

Earnings for CEMEX are expected to grow by 17.39% in the coming year, from $0.69 to $0.81 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CEMEX is 18.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of CEMEX is 18.10, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.79.

Price to Book Value per Share Ratio

CEMEX has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.66% of the float of CEMEX has been sold short.

Short Interest Ratio / Days to Cover

CEMEX has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CEMEX has recently increased by 47.62%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

CEMEX has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

CEMEX does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CEMEX is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CEMEX will have a dividend payout ratio of 4.94% next year. This indicates that CEMEX will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.66% of the float of CEMEX has been sold short.

Short Interest Ratio / Days to Cover

CEMEX has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CEMEX has recently increased by 47.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.45

News Sentiment

CEMEX has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for CEMEX this week, compared to 6 articles on an average week.

Search Interest

12 people have searched for CX on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

3 people have added CEMEX to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CEMEX insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of CEMEX is held by insiders.

Percentage Held by Institutions

82.97% of the stock of CEMEX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CX Stock Analysis - Frequently Asked Questions

How have CX shares performed this year?

CEMEX's stock was trading at $7.75 at the beginning of 2024. Since then, CX shares have decreased by 29.9% and is now trading at $5.43.
View the best growth stocks for 2024 here.

How were CEMEX's earnings last quarter?

CEMEX, S.A.B. de C.V. (NYSE:CX) issued its quarterly earnings data on Monday, April, 29th. The construction company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.04. The construction company earned $4.14 billion during the quarter. CEMEX had a net margin of 2.67% and a trailing twelve-month return on equity of 2.28%.

Does CEMEX have any subsidiaries?

CEMEX subsidiaries include Ready Mix USA LLC, RMC Group, Southdown, APO Cement Corporation, Assiut Cement Company, Caribbean Cement, Cemento Bayano S.A., and more.

Who are CEMEX's major shareholders?

CEMEX's top institutional investors include UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (2.15%), FMR LLC (1.42%), Perpetual Ltd (0.69%) and Robeco Institutional Asset Management B.V. (0.68%).

How do I buy shares of CEMEX?

Shares of CX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CEMEX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CEMEX investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), General Electric (GE), Adobe (ADBE), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 4/29/2024
• Ex-Dividend for 9/24 Dividend: 9/13/2024
• Dividend Payable: 9/24/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Cement, hydraulic
• Sub-Industry: Construction Materials
• Current Symbol: NYSE:CX
• CUSIP: N/A
• CIK: 1076378
• Web: www.cemex.com
• Phone: 528188884292
• Fax: 52-81-8888-4483
• Employees: 46,497
• Year Founded: 1906

Price Target and Rating

• Average Stock Price Target: $7.82
• High Stock Price Target: $9.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +44.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.30
• Trailing P/E Ratio: 18.10
• Forward P/E Ratio: 7.87
• P/E Growth: N/A
• Net Income: $182 million
• Net Margins: 2.67%
• Pretax Margin: 6.61%
• Return on Equity: 2.28%
• Return on Assets: 0.98%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 0.98
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $17.42 billion
• Price / Sales: 0.45
• Cash Flow: $0.97 per share
• Price / Cash Flow: 5.57
• Book Value: $8.57 per share
• Price / Book: 0.63

Miscellaneous

• Outstanding Shares: 1,449,090,000
• Free Float: 1,434,596,000
• Market Cap: $7.87 billion
• Optionable: Optionable
• Beta: 1.49