NYSE:CX

CEMEX (CX) Stock Price, News & Analysis

$7.79
-0.05 (-0.64%)
(As of 05/17/2024 ET)
Today's Range
$7.76
$7.90
50-Day Range
$7.76
$9.16
52-Week Range
$5.67
$9.27
Volume
2.75 million shs
Average Volume
5.81 million shs
Market Capitalization
$11.29 billion
P/E Ratio
55.64
Dividend Yield
N/A
Price Target
$9.46

CEMEX MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
21.4% Upside
$9.46 Price Target
Short Interest
Healthy
0.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of CEMEX in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.05%
From $0.88 to $1.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.80 out of 5 stars

Construction Sector

39th out of 102 stocks

Cement, Hydraulic Industry

2nd out of 4 stocks

CX stock logo

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 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.

CX Stock Price History

CX Stock News Headlines

Here’s Why Institutions Had Been Buying Martin Marietta Stock (CX)
As the U.S. construction boom gets underway, certain stocks are coming out of fashion to open up a path for Martin Marietta stock to beat its peers
CEMEX (NYSE:CX) Now Covered by Royal Bank of Canada
Consunji sees Cemex turnaround by 2025
Fitch Ratings Upgrades Cemex to Investment Grade
CEMEX: Still A Good Buy As Volume Recovery Continues
Consunji buys Cemex PH in $305.6-M deal
Cemex 1Q Net Profit Rises 13% on Year
UKG Names New President, GTM: Meet Rachel Barger
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Today
5/18/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cement, hydraulic
Sub-Industry
N/A
Employees
46,497
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$9.46
High Stock Price Target
$12.00
Low Stock Price Target
$8.20
Potential Upside/Downside
+21.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$182 million
Pretax Margin
8.00%

Debt

Sales & Book Value

Annual Sales
$17.42 billion
Cash Flow
$0.97 per share
Book Value
$8.36 per share

Miscellaneous

Outstanding Shares
1,448,780,000
Free Float
1,434,291,000
Market Cap
$11.29 billion
Optionable
Optionable
Beta
1.50

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Key Executives

  • Mr. Rogelio Zambrano Lozano (Age 67)
    Executive Chairman of the Board
  • Mr. Fernando Angel Gonzalez Olivieri (Age 70)
    CEO & Non-Independent Director
  • Mr. Maher Al-Haffar (Age 66)
    CFO and Executive VP of Finance & Administration
  • Mr. Rafael Garza Lozano CPA (Age 61)
    Chief Comptroller
  • Ms. Louisa Page Rodriguez (Age 64)
    Executive Vice President of Investor Relations, Corporate Communications & Public Affairs
  • Mr. Roger Saldaña Madero (Age 55)
    Senior VP of Legal & Secretary
  • Mr. Ricardo Naya Barba (Age 51)
    President of Mexico
  • Mr. Jaime Muguiro Domínguez (Age 55)
    President of CEMEX USA
  • Engineer Luis Hernández Echávez (Age 60)
    Executive Vice President of Digital, Organization Development & Ventures
  • Mr. Jose Antonio Gonzalez Flores (Age 54)
    Executive Vice President of Strategic Planning & Business Development

CX Stock Analysis - Frequently Asked Questions

Should I buy or sell CEMEX stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CX, but not buy additional shares or sell existing shares.
View CX analyst ratings
or view top-rated stocks.

What is CEMEX's stock price target for 2024?

6 equities research analysts have issued 12-month price objectives for CEMEX's shares. Their CX share price targets range from $8.20 to $12.00. On average, they expect the company's stock price to reach $9.46 in the next twelve months. This suggests a possible upside of 21.4% 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 2024?

CEMEX's stock was trading at $7.75 on January 1st, 2024. Since then, CX shares have increased by 0.5% and is now trading at $7.79.
View the best growth stocks for 2024 here
.

Are investors shorting CEMEX?

CEMEX saw a decline in short interest in April. As of April 30th, there was short interest totaling 8,990,000 shares, a decline of 18.0% from the April 15th total of 10,960,000 shares. Based on an average trading volume of 7,010,000 shares, the short-interest ratio is presently 1.3 days. Currently, 0.6% of the company's shares are sold short.
View CEMEX's Short Interest
.

When is CEMEX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our CX earnings forecast
.

How were CEMEX's earnings last quarter?

CEMEX, S.A.B. de C.V. (NYSE:CX) released its quarterly earnings results on Monday, April, 29th. The construction company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The construction company had revenue of $4.14 billion for the quarter. CEMEX had a trailing twelve-month return on equity of 1.82% and a net margin of 1.28%. During the same period in the prior year, the company earned $0.15 EPS.

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).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 a number of retail and institutional investors. Top institutional shareholders include Capital International Investors (1.84%), Principal Financial Group Inc. (1.37%), Perpetual Ltd (0.74%), Allspring Global Investments Holdings LLC (0.52%), Allspring Global Investments Holdings LLC (0.52%) and Acadian Asset Management LLC (0.45%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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.
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This page (NYSE:CX) was last updated on 5/18/2024 by MarketBeat.com Staff

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