CEMEX (CX) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last year. There are currently 6 hold ratings and 1 buy rating 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.

7 brokerages have issued twelve-month price objectives for CEMEX's shares. Their CX share price forecasts range from $4.00 to $9.00. On average, they expect the company's stock price to reach $6.28 in the next twelve months. This suggests that the stock has a possible downside of 6.6%.
View analysts price targets for CX or view top-rated stocks among Wall Street analysts.

CEMEX's stock was trading at $4.05 at the start of the year. Since then, CX stock has increased by 65.9% and is now trading at $6.72.
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CEMEX saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,430,000 shares, a decline of 6.8% from the April 30th total of 10,120,000 shares. Based on an average trading volume of 6,820,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the company's stock are short sold.
View CEMEX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our CX earnings forecast.

CEMEX, S.A.B. de C.V. (NYSE:CX) released its earnings results on Wednesday, February, 10th. The construction company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.02. The construction company earned $3.54 billion during the quarter. CEMEX had a net margin of 5.52% and a trailing twelve-month return on equity of 5.13%.
Read the conference call transcript.

ETFs with the largest weight of CEMEX (NYSE:CX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) and Dimensional Emerging Markets Value ETF (DFEV).Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and

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.

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).

CEMEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "CX."

CEMEX's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (3.45%), Brandes Investment Partners LP (2.41%), BlackRock Inc. (0.93%), Perpetual Ltd (0.77%), Dimensional Fund Advisors LP (0.74%) and Allspring Global Investments Holdings LLC (0.73%).

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.
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One share of CX stock can currently be purchased for approximately $6.72.

CEMEX (NYSE:CX) has a market capitalization of $9.74 billion and generates $15.58 billion in revenue each year. The construction company earns $858 million in net income (profit) each year or $0.60 on an earnings per share basis.

The company employs 43,853 workers across the globe.

CEMEX's mailing address is Avenida Ricardo Margain Zozaya 325 Colonia Valle del Campestre, Garza Garcia Nuevo Leon O5, 66265. The official website for the company is www.cemex.com. The construction company can be reached via phone at 528188884292, via email at pierre.co@cemex.com, or via fax at 52-81-8888-4483.