Should I buy or sell CEMEX stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CX shares. View CX analyst ratings or view top-rated stocks .

What is CEMEX's stock price target for 2024?

5 brokers have issued 12 month price targets for CEMEX's shares. Their CX share price targets range from $4.90 to $12.00. On average, they predict the company's stock price to reach $8.47 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View analysts price targets for CX or view top-rated stocks among Wall Street analysts .

How have CX shares performed in 2023?

CEMEX's stock was trading at $4.05 on January 1st, 2023. Since then, CX shares have increased by 77.8% and is now trading at $7.20. View the best growth stocks for 2023 here .

Are investors shorting CEMEX?

CEMEX saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 7,710,000 shares, an increase of 20.8% from the October 31st total of 6,380,000 shares. Based on an average daily volume of 7,420,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold. View CEMEX's Short Interest .

When is CEMEX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024. View our CX earnings forecast .

How were CEMEX's earnings last quarter?

CEMEX, S.A.B. de C.V. (NYSE:CX) announced its quarterly earnings data on Thursday, October, 26th. The construction company reported $0.09 earnings per share (EPS) for the quarter. The construction company earned $4.57 billion during the quarter. CEMEX had a trailing twelve-month return on equity of 3.80% and a net margin of 3.09%.

What ETFs hold CEMEX's stock?

ETFs with the largest weight of CEMEX (NYSE:CX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) . Dimensional Emerging Markets Value ETF (DFEV) .

What is Jaime Muguiro's approval rating as CEMEX's CEO?

18 employees have rated CEMEX Chief Executive Officer Jaime Muguiro on Glassdoor.com . Jaime Muguiro has an approval rating of 77% among the company's employees.

What other stocks do shareholders of CEMEX own?

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

Who are CEMEX's major shareholders?

CEMEX's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (2.45%), Principal Financial Group Inc. (1.33%), Acadian Asset Management LLC (1.31%), Brandes Investment Partners LP (1.30%), Oaktree Capital Management LP (0.97%) and American Century Companies Inc. (0.67%).

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does CEMEX have any subsidiaries?

The following companies are subsidiares of CEMEX: APO Cement Corporation, Assiut Cement Company, CEMEX (Costa Rica) S.A., CEMEX Colombia S.A., CEMEX Czech Republic s.r.o, CEMEX Deutschland AG., CEMEX Dominicana S.A., CEMEX España S.A., CEMEX Falcon LLC, CEMEX France Gestion (S.A.S.), CEMEX Holdings (Israel) Ltd, CEMEX Holdings Philippines Inc., CEMEX Inc, CEMEX International Trading LLC, CEMEX Latam Holdings S.A., CEMEX México S. A. de C.V., CEMEX Nicaragua S.A., CEMEX Polska sp. Z.o.o., CEMEX SIA, CEMEX Supermix LLC, CEMEX Topmix LLC, CEMEX U.K, CEMEX de Puerto Rico Inc, Caribbean Cement, Cemento Bayano S.A., Neoris N.V., RMC Group, Ready Mix USA LLC, Solid Cement Corporation, Southdown, Transenergy Inc., and Trinidad Cement Limited. Read More

CEMEX Stock Price, News & Analysis (NYSE:CX)

$7.20

+0.29 (+4.20%)

(As of 12/1/2023 ET)

Compare

Today's Range: $6.87
▼
$7.21
50-Day Range: $5.81
▼
$7.21
52-Week Range: $3.98
▼
$8.46

Volume: 6.55 million shs
Average Volume: 5.00 million shs
Market Capitalization: $10.43 billion

P/E Ratio: 20.57
Dividend Yield: N/A
Price Target: $8.47

CEMEX MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 17.7% Upside
$8.47 Price Target
Short Interest: Healthy
0.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.05
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.38%
From $0.78 to $0.90 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Construction Sector

27th out of 99 stocks

Cement, Hydraulic Industry

2nd out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
CEMEX has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.47, CEMEX has a forecasted upside of 17.7% from its current price of $7.20.
Amount of Analyst Coverage
CEMEX has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.51% 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 increased by 20.85%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CEMEX does not currently pay a dividend.
Dividend Growth
CEMEX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CX.

2.3

News and Social Media Coverage

News Sentiment
CEMEX has a news sentiment score of 0.05. 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 0.61 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for CEMEX this week, compared to 2 articles on an average week.
Search Interest
11 people have searched for CX on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.

0.0

Company Ownership

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
Only 31.81% of the stock of CEMEX is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for CEMEX are expected to grow by 15.38% in the coming year, from $0.78 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CEMEX is 20.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of CEMEX is 20.57, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.45.
Price to Earnings Growth Ratio
CEMEX has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
CEMEX has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CEMEX Stock (NYSE:CX)

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 worldwide. The company also offers asphalt, concrete blocks, concrete block paving, rail sleepers, and flooring systems; architectural concrete products; and box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building and paving solutions; logistic services; retail service through e-commerce platform; and design and engineering services. The company was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

CX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CX Stock News Headlines

November 27, 2023 | marketbeat.com

At these prices, the only way these stocks can move is up

These stocks have no reason to be this cheap, but you shouldn't waste your time finding out why this is so, when you can follow this logic instead

November 29, 2023 | americanbankingnews.com

CEMEX, S.A.B. de C.V. (NYSE:CX) Given Consensus Recommendation of "Moderate Buy" by Brokerages

December 2, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

November 28, 2023 | msn.com

Cemex S.A.B. De C.V. - ADR (CX) Price Target Increased by 11.53% to 7.01

November 26, 2023 | seekingalpha.com

Cemex: 4 Reasons Why Historical Underperformance Is Set To Continue

November 24, 2023 | msn.com

CTIC Luis Carlos Sarmiento obtiene dos premios de Cemex México

November 22, 2023 | msn.com

Bajan acciones de Cemex por multa en España

November 21, 2023 | msn.com

Cemex paga multa de 498 millones de dólares en España

December 2, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 20, 2023 | msn.com

Imponen multa a Cemex en España por 498 mdd tras auditoría fiscal

November 9, 2023 | msn.com

Cemex lanza sus primeros bonos ASG

October 27, 2023 | finance.yahoo.com

CEMEX, S.A.B. de C.V. (NYSE:CX) Q3 2023 Earnings Call Transcript

October 26, 2023 | msn.com

Crecen ventas netas de Cemex 16% impulsadas por buen desempeño en México y EU

October 26, 2023 | msn.com

Building Materials Firm Cemex Reports Q3 Revenue Beat On Strong Pricing Across All Regions

October 26, 2023 | seekingalpha.com

CEMEX, S.A.B. de C.V. 2023 Q3 - Results - Earnings Call Presentation

October 26, 2023 | es-us.noticias.yahoo.com

Utilidad neta mexicana Cemex cae en 3er trim, mejora guía para resto del año

October 26, 2023 | marketwatch.com

Mexico's Cemex Reports Lower 3Q Net Profit, Jump in Ebitda

October 25, 2023 | msn.com

SAP CX makes its generative AI move

October 24, 2023 | msn.com

Cemex y Universidad Metropolitana de Monterrey firman convenio de colaboración

October 24, 2023 | benzinga.com

Tallest tower in Latin America built with Cemex's Vertua lower-carbon concrete

October 20, 2023 | msn.com

People urged to object to Cemex quarry plan at Baston’s Thetford Farm Estate

October 20, 2023 | msn.com

Querétaro vende agua tratada a Cemex para cuidar agua limpia

October 18, 2023 | msn.com

Director de Cemex, Fernando González, es elegido como presidente de la Asociación Mundial del Cemento

October 16, 2023 | msn.com

Director general de Cemex, nuevo presidente de la Asociación Mundial del Cemento y el Concreto

October 14, 2023 | msn.com

Cemex Philippines lands in top 25 percent of global sustainability index

October 6, 2023 | msn.com

Cemex coloca 6,000 mdp en certificados bursátiles vinculados a la sostenibilidad

October 5, 2023 | markets.businessinsider.com

Hold Rating on Cemex SAB Amid Housing Distress, Rising Rates, and Cement Volume Slowdown: A Deep-Dive into Carlos Peyrelongue’s Analysis

See More Headlines

Receive CX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CEMEX and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 10/26/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/12/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Cement, hydraulic
Sub-Industry: N/A
Sector: Construction
Current Symbol: NYSE:CX
CUSIP: N/A
CIK: 1076378
Web: www.cemex.com
Phone: 528188884292
Fax: 52-81-8888-4483
Employees: 43,853
Year Founded: 1906

Price Target and Rating

Average Stock Price Target: $8.47
High Stock Price Target: $12.00
Low Stock Price Target: $4.90
Potential Upside/Downside: +17.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.35
Trailing P/E Ratio: 20.57
Forward P/E Ratio: 9.23
P/E Growth: 0.57
Net Income: $858 million
Net Margins: 3.09%
Pretax Margin: 6.23%
Return on Equity: 3.80%
Return on Assets: 1.66%

Debt

Debt-to-Equity Ratio: 0.50
Current Ratio: 0.89
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: $17.04 billion
Price / Sales: 0.61
Cash Flow: $1.19 per share
Price / Cash Flow: 6.05
Book Value: $8.63 per share
Price / Book: 0.83

Miscellaneous

Outstanding Shares: 1,448,779,000
Free Float: 1,434,291,000
Market Cap: $10.43 billion
Optionable: Optionable
Beta: 1.42

Social Links

5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

Mr. Rogelio Zambrano Lozano (Age 66)
Executive Chairman of the Board
Mr. Fernando Angel Gonzalez Olivieri (Age 69)
CEO & Non-Independent Director
Mr. Maher Al-Haffar (Age 65)
CFO and Executive Vice President of Finance & Administration
Mr. Rafael Garza Lozano CPA (Age 60)
Chief Comptroller
Ms. Louisa Page Rodriguez (Age 63)
Executive VP of Investor Relations & Public Affairs and Chief Communications Officer
Mr. Roger Saldaña Madero (Age 54)
Senior VP of Legal & Secretary
Mr. Ricardo Naya Barba (Age 50)
President of Mexico
Mr. Jaime Muguiro Domínguez (Age 54)
President of CEMEX USA
Engineer Luis Hernández Echávez (Age 59)
Executive Vice President of Digital, Organization Development & Ventures
Mr. Jose Antonio Gonzalez Flores (Age 53)
Executive Vice President of Strategic Planning & Business Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CX Stock Analysis - Frequently Asked Questions

Should I buy or sell CEMEX stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CX shares.
View CX analyst ratings or view top-rated stocks.
What is CEMEX's stock price target for 2024?: 5 brokers have issued 12 month price targets for CEMEX's shares. Their CX share price targets range from $4.90 to $12.00. On average, they predict the company's stock price to reach $8.47 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
View analysts price targets for CX or view top-rated stocks among Wall Street analysts.
How have CX shares performed in 2023?: CEMEX's stock was trading at $4.05 on January 1st, 2023. Since then, CX shares have increased by 77.8% and is now trading at $7.20.
View the best growth stocks for 2023 here.
Are investors shorting CEMEX?: CEMEX saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 7,710,000 shares, an increase of 20.8% from the October 31st total of 6,380,000 shares. Based on an average daily volume of 7,420,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.
View CEMEX's Short Interest.
When is CEMEX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
View our CX earnings forecast.
How were CEMEX's earnings last quarter?: CEMEX, S.A.B. de C.V. (NYSE:CX) announced its quarterly earnings data on Thursday, October, 26th. The construction company reported $0.09 earnings per share (EPS) for the quarter. The construction company earned $4.57 billion during the quarter. CEMEX had a trailing twelve-month return on equity of 3.80% and a net margin of 3.09%.

What ETFs hold CEMEX's stock?: ETFs with the largest weight of CEMEX (NYSE:CX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).Dimensional Emerging Markets Value ETF (DFEV).
What is Jaime Muguiro's approval rating as CEMEX's CEO?: 18 employees have rated CEMEX Chief Executive Officer Jaime Muguiro on Glassdoor.com. Jaime Muguiro has an approval rating of 77% among the company's employees.
What other stocks do shareholders of CEMEX own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CEMEX investors own include Alibaba Group (BABA), Bank of America (BAC), Energy Transfer (ET), Wells Fargo & Company (WFC), General Electric (GE), Ford Motor (F), Boeing (BA), Bristol-Myers Squibb (BMY), Citigroup (C) and Intel (INTC).
Who are CEMEX's major shareholders?: CEMEX's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (2.45%), Principal Financial Group Inc. (1.33%), Acadian Asset Management LLC (1.31%), Brandes Investment Partners LP (1.30%), Oaktree Capital Management LP (0.97%) and American Century Companies Inc. (0.67%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does CEMEX have any subsidiaries?: The following companies are subsidiares of CEMEX: APO Cement Corporation, Assiut Cement Company, CEMEX (Costa Rica) S.A., CEMEX Colombia S.A., CEMEX Czech Republic s.r.o, CEMEX Deutschland AG., CEMEX Dominicana S.A., CEMEX España S.A., CEMEX Falcon LLC, CEMEX France Gestion (S.A.S.), CEMEX Holdings (Israel) Ltd, CEMEX Holdings Philippines Inc., CEMEX Inc, CEMEX International Trading LLC, CEMEX Latam Holdings S.A., CEMEX México S. A. de C.V., CEMEX Nicaragua S.A., CEMEX Polska sp. Z.o.o., CEMEX SIA, CEMEX Supermix LLC, CEMEX Topmix LLC, CEMEX U.K, CEMEX de Puerto Rico Inc, Caribbean Cement, Cemento Bayano S.A., Neoris N.V., RMC Group, Ready Mix USA LLC, Solid Cement Corporation, Southdown, Transenergy Inc., and Trinidad Cement Limited.
Read More

This page (NYSE:CX) was last updated on 12/2/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial