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Cemex SAB (CX)
NYSE:CX
Holding CX?
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CX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.00 - $9.27
Previous Close$5.65
Volume14.02M
Average Volume (3M)10.59M
Market Cap
$8.55B
Enterprise Value$14.51B
Total Cash (Recent Filing)$624.00M
Total Debt (Recent Filing)$6.23B
Price to Earnings (P/E)18.3
Beta1.87
Next Earnings
Feb 06, 2025EPS Estimate
$0.13Last Dividend Ex-Date
Dec 10, 2024Dividend Yield0.73%
Share Statistics
EPS (TTM)0.31
Shares Outstanding1,449,087,024
10 Day Avg. Volume11,992,417
30 Day Avg. Volume10,589,655
Standard Deviation0.12
R-Squared0.40
Alpha-0.00355
Financial Highlights & Ratios
Price to Book (P/B)0.70
Price to Sales (P/S)0.47
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.67
Enterprise Value/Gross Profit2.48
Enterprise Value/Ebitda34.78
Forecast
1Y Price Target
$6.80Price Target Upside20.35% Upside
Rating ConsensusHold
Number of Analyst Covering5
Cemex SAB News
PremiumCompany Announcements
Cemex SAB Announces Third Dividend Payment
PremiumCompany Announcements
Cemex SAB Restructures Trustee Role Amid Citigroup Exit
PremiumCompany Announcements
Cemex SAB Completes $800 Million Philippines Exit
PremiumCompany Announcements
Cemex Announces Third Dividend Installment for 2024
Bulls Say, Bears Say
Bulls Say
Environmental InitiativesThe company has made great efforts toward reducing CO2 emissions and ranks well among peers.
Growth OutlookCX’s long-term growth outlook is supported by a US manufacturing revival, the US$550bn Infrastructure Bill and the IRA, as well as nearshoring boosting non-residential spending in MX and the U.S.
Strategic FocusRecent asset sales and the strategic focus on the US, Mexico, and Europe are viewed as a net positive in the mid to long-term.
Bears Say
Cash Flow And DividendsFree cash flow generation is not enough to offer a growing dividend and reasonable buybacks, despite the discounted share price.
Earnings RiskEarnings could be at risk of reaching the peak of their cycle, with next year’s estimates potentially facing downside, particularly for Mexico and the US.
Financial PerformanceThe downgrade to a neutral rating is due to a lack of significant fundamental catalysts and expected softer 4Q results with low visibility into next year’s results.
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Ownership Overview
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Insiders
5.97% Mutual Funds
13.48% Other Institutional Investors
80.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CX FAQ
What was Cemex SAB’s price range in the past 12 months?
Cemex SAB lowest stock price was $5.00 and its highest was $9.27 in the past 12 months.
What is Cemex SAB’s market cap?
Currently, no data Available
When is Cemex SAB’s upcoming earnings report date?
Cemex SAB’s upcoming earnings report date is Feb 06, 2025 which is in 47 days.
How were Cemex SAB’s earnings last quarter?
Cemex SAB released its earnings results on Oct 28, 2024. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.183 by -$0.043.
Is Cemex SAB overvalued?
According to Wall Street analysts Cemex SAB’s price is currently Undervalued.
Does Cemex SAB pay dividends?
Cemex SAB pays a Notavailable dividend of $0.02 which represents an annual dividend yield of 0.73%. See more information on Cemex SAB dividends here
What is Cemex SAB’s EPS estimate?
Cemex SAB’s EPS estimate is $0.13.
How many shares outstanding does Cemex SAB have?
Cemex SAB has 1,449,087,000 shares outstanding.
What happened to Cemex SAB’s price movement after its last earnings report?
Cemex SAB reported an EPS of $0.14 in its last earnings report, missing expectations of $0.183. Following the earnings report the stock price went down -8.725%.
Which hedge fund is a major shareholder of Cemex SAB?
Among the largest hedge funds holding Cemex SAB’s share is Brandes Investment Partners LP. It holds Cemex SAB’s shares valued at 111M.
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Cemex SAB Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$6.80 (20.35% Upside)
$6.80 (20.35% Upside)
Blogger Sentiment
Bullish
CX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 11.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.09%
12-Months-Change
Fundamentals
Return on Equity
2.26%
Trailing 12-Months
Asset Growth
1.22%
Trailing 12-Months
Company Description
Cemex SAB
CEMEX SAB de CV engages in the production, distribution, marketing, and sale of cement, ready-mix concrete, and aggregates. It operates though the following geographical segments: Mexico; United States; Europe; South, Central America and the Caribbean (SCA&C); Asia, Middle East and Africa (AMEA); and Others. The Europe segment covers United Kingdom, Germany, France, Spain, and Czech Republic, Poland and Latvia, as well as trading activities in Scandinavia, and Finland. The SCA&C segment includes Colombia, Panama, Costa Rica, Caribbean TCL, the Dominican Republic, Puerto Rico, Nicaragua, Jamaica, the Caribbean, El Salvador, and Guatemala. The EMEA segment comprises of Egypt, Israel, the Philippines, and the United Arab Emirates. The Others segment refers to the cement trade maritime operations, information technology solutions business, and other corporate entities as well as other minor subsidiaries with different lines of business. The company was founded by Lorenzo Zambrano Gutierrez in 1906 and is headquartered in San Pedro Garza Garcia, Mexico.
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CX Company Deck
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CX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
While CEMEX faced significant challenges, particularly with weather-related impacts and increased electricity costs, the company demonstrated strong financial resilience, strategic divestments, and notable progress in sustainability. The positive developments, such as strong pricing strategies and robust performance of the U.S. aggregates business, slightly outweigh the negatives.Read More>---
CX Stock 12 Month Forecast
Average Price Target
$6.80
▲(20.35% Upside)
Technical Analysis
Best Analysts Covering CX
1 Year
1 Year Success Rate
11/24 ratings generated profit
1 Year Average Return
+25.07%
reiterated a buy rating 2 months ago
Copying Benjamin Theurer's trades and holding each position for 1 Year would result in 45.83% of your transactions generating a profit, with an average return of +25.07% per trade.
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