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Cemex SAB (CX)
NYSE:CX
Cemex SAB (CX) Stock Price & Analysis
828 Followers
CX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.65 - $9.23
Previous Close$6.28
Volume7.23M
Average Volume (3M)6.62M
Market Cap
$9.53B
Enterprise Value$15.48B
Total Cash (Recent Filing)$624.00M
Total Debt (Recent Filing)$6.23B
Price to Earnings (P/E)43.6
Beta1.50
Next Earnings
Jul 25, 2024EPS Estimate
$0.19Last Dividend Ex-Date
Jun 17, 2024Dividend Yield0.32%
Share Statistics
EPS (TTM)0.14
Shares Outstanding2,901,665,649
10 Day Avg. Volume9,335,902
30 Day Avg. Volume6,616,834
Standard Deviation0.12
R-Squared0.40
Alpha0.00010
Financial Highlights & Ratios
Price to Book (P/B)8.03
Price to Sales (P/S)1.17
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit2.64
Enterprise Value/Ebitda20.42
Forecast
1Y Price Target
$9.40Price Target Upside53.09% Upside
Rating ConsensusHold
Number of Analyst Covering5
Cemex SAB News
PremiumCompany Announcements
Cemex Announces Upcoming Dividend Payment
PremiumCompany Announcements
Cemex Announces USD $120 Million Dividend
PremiumCompany Announcements
Cemex Gains Financial Strength with Fitch Upgrade
PremiumCompany Announcements
Cemex Announces Strategic Divestiture in Philippines
PremiumCompany Announcements
Cemex Achieves Record Q1 Earnings in 2024
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEnergy and freight costs continued their downward trend, allowing for a 50bps yoy expansion with CX’s EBITDA margin reaching 18.7%.
Growth OutlookSupportive long-term growth outlook is still supported by a US manufacturing revival, the US$550bn Infra Bill and the Inflation Reduction Act, as well as nearshoring dynamics boosting non-residential spending in Mexico and the U.S.
Strategic InitiativesCX announced the sale of its operations in the Philippines for an EV of US$800mn. Proceeds from the sale will be used to fund CX’s bolt-on investment growth strategy in key markets, reduce debt, and other corporate purposes.
Bears Say
Economic ChallengesThe next administration in Mexico faces three immediate challenges: a high fiscal deficit, high interest rates, and strong FX.
Market And Economic VolatilityOur downgrade from Buy to Neutral follows the disappointing CPI print in the US and the adverse implications for construction activity amid higher rates and the potential economic and political volatility.
Weather ImpactCX’s footprint was particularly hard hit by bad weather: cement volumes were down 9% and ready-mix volumes down 14%.
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Ownership Overview
0.00%
Insiders
6.67% Mutual Funds
0.50% Other Institutional Investors
92.83% 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 $5.65 and its highest was $9.23 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 Jul 25, 2024 which is in 22 days.
How were Cemex SAB’s earnings last quarter?
Cemex SAB released its earnings results on Apr 25, 2024. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.124 by $0.046.
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 $0.35 which represents an annual dividend yield of 0.32%. See more information on Cemex SAB dividends here
What is Cemex SAB’s EPS estimate?
Cemex SAB’s EPS estimate is $0.19.
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 $0.17 in its last earnings report, beating expectations of $0.124. Following the earnings report the stock price went up 0.742%.
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 125M.
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Cemex SAB Stock Smart Score
Unlock Smart Score
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9
10
Analyst Consensus
Hold
Average Price Target:
$9.40 (53.09% Upside)
$9.40 (53.09% Upside)
Blogger Sentiment
Bullish
CX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 8.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.01%
12-Months-Change
Fundamentals
Return on Equity
1.79%
Trailing 12-Months
Asset Growth
4.05%
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
Q1 2024
0:00 / 0:00
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CX Stock 12 Month Forecast
Average Price Target
$9.40
▲(53.09% Upside)
Technical Analysis
Commercial Metals Company
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Vulcan Materials
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Martin Marietta Materials
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Summit Materials
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Best Analysts Covering CX
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+21.73%
reiterated a buy rating 4 months ago
Copying Adrian Huerta's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +21.73% per trade.
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