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NYSE:CX

CEMEX (CX) Stock Price, News & Analysis

$6.18
+0.05 (+0.82%)
(As of 09/18/2024 ET)

About CEMEX Stock (NYSE:CX)

Key Stats

Today's Range
$6.07
$6.27
50-Day Range
$5.60
$6.89
52-Week Range
$5.50
$9.27
Volume
11.21 million shs
Average Volume
8.19 million shs
Market Capitalization
$8.95 billion
P/E Ratio
44.14
Dividend Yield
0.65%
Price Target
$8.70
Consensus Rating
Moderate Buy

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.

CEMEX Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 84th Percentile

CEMEX scored higher than 84% of companies evaluated by MarketBeat, and ranked 28th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CEMEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    CEMEX has only been the subject of 3 research reports in the past 90 days.

  • Read more about CEMEX's stock forecast and price target.
  • Earnings Growth

    Earnings for CEMEX are expected to grow by 13.10% in the coming year, from $0.84 to $0.95 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CEMEX is 44.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CEMEX is 44.14, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 24.33.

  • Price to Book Value per Share Ratio

    CEMEX has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about CEMEX's valuation and earnings.
  • Percentage of Shares Shorted

    0.75% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CEMEX has recently decreased by 9.77%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    CEMEX has a dividend yield of 0.35%, 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 28.57%. 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 4.21% next year. This indicates that CEMEX will be able to sustain or increase its dividend.

  • Read more about CEMEX's dividend.
  • Percentage of Shares Shorted

    0.75% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CEMEX has recently decreased by 9.77%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    CEMEX has a news sentiment score of 0.15. 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 0.71 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for CEMEX this week, compared to 5 articles on an average week.
  • Search Interest

    Only 14 people have searched for CX on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added CEMEX to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • 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.

  • Read more about CEMEX's insider trading history.

CX Stock News Headlines

Different metal rolled products. Stainless steel profiles United States Steel
Don’t Miss Out: U.S. Steel Stock Poised for a Major Rally (CX)
United States Steel stock has sold off by 30% recently, and now responsive buyers are starting to pour into the stock as they realize the upside is unfair today
oil rig being tugged at sea
3 Affordable Stocks Under $10 Ready to Rebound Soon
Three affordable stocks came to shine after the S&P 500's flash crash and recovery, fundamental tailwinds could help them fulfill double-digit upside
Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Cemex sells operations in Guatemala for $200M
See More Headlines

CX Stock Analysis - Frequently Asked Questions

CEMEX's stock was trading at $7.75 at the beginning of 2024. Since then, CX shares have decreased by 20.3% and is now trading at $6.18.
View the best growth stocks for 2024 here
.

CEMEX, S.A.B. de C.V. (NYSE:CX) posted its quarterly earnings results on Thursday, July, 25th. The construction company reported $0.17 earnings per share (EPS) for the quarter. The construction company earned $4.49 billion during the quarter. CEMEX had a net margin of 1.05% and a trailing twelve-month return on equity of 1.66%.

The following companies are subsidiaries of CEMEX: Ready Mix USA LLC, RMC Group, Southdown, APO Cement Corporation, Assiut Cement Company, Caribbean Cement, Cemento Bayano S.A., and more.

Top institutional investors of CEMEX include Principal Financial Group Inc. (1.38%), AQR Capital Management LLC (1.32%), RWC Asset Advisors US LLC (1.07%) and Brandes Investment Partners LP (0.90%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CEMEX investors own include Alibaba Group (BABA), Bank of America (BAC), Energy Transfer (ET), Wells Fargo & Company (WFC), General Electric (GE), Ford Motor (F) and Boeing (BA).

Company Calendar

Ex-Dividend for 6/26 Dividend
6/17/2024
Dividend Payable
6/26/2024
Last Earnings
7/25/2024
Ex-Dividend for 9/24 Dividend
9/13/2024
Today
9/18/2024
Dividend Payable
9/24/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cement, hydraulic
Sub-Industry
Construction Materials
Employees
46,497
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$8.70
High Stock Price Target
$9.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+40.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$182 million
Pretax Margin
7.26%

Debt

Sales & Book Value

Annual Sales
$17.52 billion
Cash Flow
$1.05 per share
Book Value
$8.36 per share

Miscellaneous

Outstanding Shares
1,448,779,000
Free Float
1,434,291,000
Market Cap
$8.95 billion
Optionable
Optionable
Beta
1.48

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This page (NYSE:CX) was last updated on 9/18/2024 by MarketBeat.com Staff
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