NYSE:CXCemex SAB de CV Stock Price, Forecast & News

$3.02

+0.16 (+5.59 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$2.91

Now: $3.02▼

$3.09

50-Day Range

$1.86

MA: $2.14▼

$2.86

52-Week Range

$1.55

Now: $3.02▼

$4.46

Volume10.70 million shs

Average Volume9.20 million shs

Market Capitalization$4.56 billion

P/E Ratio30.20

Dividend Yield3.47%

Beta1.42

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing projects, pavement projects, and green building consultancy services; and information technology solutions. The company has operations in Mexico; the United States; Europe; South and Central America, and the Caribbean; Asia, the Middle East, and Africa; and internationally. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
Cemex SAB de CV has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.18, Cemex SAB de CV has a potential upside of 5.4% from its current price of $3.02.
Amount of Analyst Coverage
Cemex SAB de CV has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Cemex SAB de CV has received 459 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cemex SAB de CV has received 525 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cemex SAB de CV has received 53.35% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cemex SAB de CV and other stocks. Vote “Outperform” if you believe CX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CX will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Cemex SAB de CV is a leading dividend payer. It pays a dividend yield of 3.47%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cemex SAB de CV does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cemex SAB de CV is 166.67 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Cemex SAB de CV will have a dividend payout ratio of 76.92 % in the coming year. This indicates that Cemex SAB de CV may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cemex SAB de CV insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Cemex SAB de CV is held by insiders.
Percentage Held by Institutions
Only 33.74% of the stock of Cemex SAB de CV is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Cemex SAB de CV are expected to grow in the coming year, from ($0.01) to $0.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cemex SAB de CV is 30.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cemex SAB de CV is 30.20, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 35.03.
Price to Book Value per Share Ratio
Cemex SAB de CV has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.55 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cement, hydraulic

Sub-IndustryN/A

SectorConstruction

Current SymbolNYSE:CX

Previous Symbol

CUSIPN/A

CIK1076378

Webwww.cemex.com

Phone52-81-8888-8888

Debt

Debt-to-Equity Ratio1.00

Current Ratio1.04

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio30.20

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$13.13 billion

Price / Sales0.35

Cash Flow$0.77 per share

Price / Cash Flow3.92

Book Value$7.17 per share

Price / Book0.42

Profitability

EPS (Most Recent Fiscal Year)$0.06

Net Income$143 million

Net Margins1.09%

Return on Equity1.10%

Return on Assets0.41%

Miscellaneous

Employees40,640

Outstanding Shares1,508,660,000

Market Cap$4.56 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Cemex SAB de CV (NYSE:CX) Frequently Asked Questions

How has Cemex SAB de CV's stock been impacted by COVID-19 (Coronavirus)?

Cemex SAB de CV's stock was trading at $2.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CX shares have increased by 16.2% and is now trading at $3.02. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cemex SAB de CV?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cemex SAB de CV in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cemex SAB de CV.

When is Cemex SAB de CV's next earnings date?

Cemex SAB de CV is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Cemex SAB de CV.

How were Cemex SAB de CV's earnings last quarter?

Cemex SAB de CV (NYSE:CX) posted its earnings results on Thursday, April, 30th. The construction company reported $0.01 EPS for the quarter, beating the consensus estimate of $0.01 by $0.00. Cemex SAB de CV had a net margin of 1.09% and a return on equity of 1.10%. View Cemex SAB de CV's earnings history.

How often does Cemex SAB de CV pay dividends? What is the dividend yield for Cemex SAB de CV?

Cemex SAB de CV announced an annual dividend on Monday, December 9th. Investors of record on Monday, December 16th will be given a dividend of $0.0496 per share on Wednesday, December 18th. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, December 13th. View Cemex SAB de CV's dividend history.

What price target have analysts set for CX?

7 analysts have issued 12 month target prices for Cemex SAB de CV's shares. Their forecasts range from $1.75 to $4.80. On average, they expect Cemex SAB de CV's stock price to reach $3.18 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Cemex SAB de CV.

Has Cemex SAB de CV been receiving favorable news coverage?

Media headlines about CX stock have been trending negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cemex SAB de CV earned a news impact score of -2.1 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCemex SAB de CV.

Who are some of Cemex SAB de CV's key competitors?

Some companies that are related to Cemex SAB de CV include HEIDELBERGCEMEN/ADR (HDELY), ANHUI CONCH CEM/ADR (AHCHY), Buzzi Unicem (BZZUF), Eagle Materials (EXP), Loma Negra Compania Indl Argentina (LOMA) and Cementos Pacasmayo (CPAC). View all competitors.

What other stocks do shareholders of Cemex SAB de CV own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cemex SAB de CV investors own include Alibaba Group (BABA), Bank of America (BAC), Energy Transfer LP Unit (ET), General Electric (GE), Wells Fargo & Co (WFC), Bristol-Myers Squibb (BMY), Ford Motor (F), Citigroup (C), Chesapeake Energy (CHK) and NVIDIA (NVDA).

Who are Cemex SAB de CV's key executives?

Cemex SAB de CV's management team includes the following people:

Mr. Rogelio Zambrano Lozano, Exec. Chairman (Age 62)
Mr. Fernando Ángel González Olivieri, CEO & Non-Independent Director (Age 65)
Mr. José Antonio González Flores, Exec. VP of Fin. & Admin. (Age 49)
Jesús Vicente González Herrera, Exec. VP of Sustainability & Operations Devel. (Age 54)
Mr. Rafael Garza Lozano, Chief Accounting Officer (Age 56)

What is Cemex SAB de CV's stock symbol?

Cemex SAB de CV trades on the New York Stock Exchange (NYSE) under the ticker symbol "CX."

Who are Cemex SAB de CV's major shareholders?

Cemex SAB de CV's stock is owned by many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.52%), Global Thematic Partners LLC (0.82%), Wells Fargo & Company MN (0.75%), Parametric Portfolio Associates LLC (0.71%), Russell Investments Group Ltd. (0.51%) and Nuveen Asset Management LLC (0.47%).

Which major investors are selling Cemex SAB de CV stock?

CX stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., JPMorgan Chase & Co., Rockefeller Capital Management L.P., BlackRock Inc., Morgan Stanley, Baillie Gifford & Co., Ruffer LLP, and USS Investment Management Ltd.

Which major investors are buying Cemex SAB de CV stock?

CX stock was bought by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Russell Investments Group Ltd., Nuveen Asset Management LLC, Windsor Creek Advisors LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., and Jane Street Group LLC.

How do I buy shares of Cemex SAB de CV?

Shares of CX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cemex SAB de CV's stock price today?

One share of CX stock can currently be purchased for approximately $3.02.

How big of a company is Cemex SAB de CV?

Cemex SAB de CV has a market capitalization of $4.56 billion and generates $13.13 billion in revenue each year. The construction company earns $143 million in net income (profit) each year or $0.06 on an earnings per share basis. Cemex SAB de CV employs 40,640 workers across the globe.

What is Cemex SAB de CV's official website?

The official website for Cemex SAB de CV is www.cemex.com.

How can I contact Cemex SAB de CV?

Cemex SAB de CV's mailing address is Avenida Ricardo Margain Zozaya 325 Colonia Valle del Campestre, Garza Garcia Nuevo Leon O5, 66265. The construction company can be reached via phone at 52-81-8888-8888.

This page was last updated on 6/6/2020 by MarketBeat.com Staff