CEMEX - CX Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CEMEX in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CX shares.
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6 brokerages have issued 1 year target prices for CEMEX's stock. Their CX share price forecasts range from $6.00 to $11.20. On average, they anticipate the company's stock price to reach $8.62 in the next twelve months. This suggests a possible upside of 86.1% from the stock's current price.
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CEMEX's stock was trading at $6.78 at the beginning of the year. Since then, CX stock has decreased by 31.7% and is now trading at $4.63.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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CEMEX, S.A.B. de C.V. (NYSE:CX) released its earnings results on Wednesday, February, 10th. The construction company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.04 by $0.02. The construction company had revenue of $3.54 billion for the quarter. CEMEX had a trailing twelve-month return on equity of 3.30% and a net margin of 1.91%.
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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 institutional and retail investors. Top institutional investors include FMR LLC (4.86%), RWC Asset Advisors US LLC (1.34%), Pendal Group Ltd (0.97%), Allspring Global Investments Holdings LLC (0.76%), RWC Asset Management LLP (0.40%) and IPG Investment Advisors LLC (0.36%).

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 $4.63.

CEMEX (NYSE:CX) has a market capitalization of $6.81 billion and generates $14.55 billion in revenue each year. The construction company earns $753 million in net income (profit) each year or $0.19 on an earnings per share basis.

The company employs 46,210 workers across the globe.

CEMEX was founded in 1906.

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.