Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) released its quarterly earnings data on Monday. The construction company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05, Zacks reports. The firm had revenue of $135.89 million for the quarter, compared to analyst estimates of $132.73 million. Cementos Pacasmayo S.A.A. had a net margin of 10.51% and a return on equity of 16.60%. During the same quarter in the prior year, the business earned $0.09 earnings per share.
Cementos Pacasmayo S.A.A. Stock Performance
Shares of NYSE:CPAC traded down $0.03 during trading hours on Friday, hitting $6.22. The stock had a trading volume of 4,921 shares, compared to its average volume of 11,976. The stock's fifty day simple moving average is $5.96 and its 200 day simple moving average is $5.77. Cementos Pacasmayo S.A.A. has a 1-year low of $5.10 and a 1-year high of $6.65. The firm has a market capitalization of $527.29 million, a price-to-earnings ratio of 10.03 and a beta of 0.68. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.34 and a current ratio of 1.34.
Analyst Ratings Changes
Separately, Scotiabank increased their price objective on shares of Cementos Pacasmayo S.A.A. from $6.00 to $6.40 and gave the stock a "sector perform" rating in a research note on Wednesday, June 4th.
View Our Latest Analysis on CPAC
Cementos Pacasmayo S.A.A. Company Profile
(
Get Free Report)
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. It operates through three segments: Cement, Concrete, Mortar and Precast; Quicklime; and Sales of Construction Supplies. The company's cement and concrete products are used in residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement-based products.
See Also
Before you consider Cementos Pacasmayo S.A.A., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cementos Pacasmayo S.A.A. wasn't on the list.
While Cementos Pacasmayo S.A.A. currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
