Cemex SAB de CV Stock Forecast, Price & News

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. Since then, CX shares have increased by 41.2% and is now trading at $3.67.
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12 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cemex SAB de CV.

Cemex SAB de CV is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Cemex SAB de CV.

Cemex SAB de CV (NYSE:CX) posted its earnings results on Monday, July, 27th. The construction company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. The construction company earned $2.91 billion during the quarter. Cemex SAB de CV had a negative net margin of 0.41% and a positive return on equity of 0.36%.
View Cemex SAB de CV's earnings history.

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

12 Wall Street analysts have issued twelve-month target prices for Cemex SAB de CV's stock. Their forecasts range from $2.50 to $6.00. On average, they anticipate Cemex SAB de CV's share price to reach $3.89 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts' price targets for Cemex SAB de CV.

Cemex SAB de CV saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,610,000 shares, an increase of 22.6% from the August 15th total of 7,020,000 shares. Based on an average daily trading volume, of 7,530,000 shares, the days-to-cover ratio is presently 1.1 days.
View Cemex SAB de CV's Short Interest.

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), Cementos Pacasmayo (CPAC) and Loma Negra Compania Indl Argentina (LOMA).
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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 & Company (WFC), Ford Motor (F), Boeing (BA), Bristol-Myers Squibb (BMY), Intel (INTC) and Citigroup (C).

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

Cemex SAB de CV's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (4.96%), Brandes Investment Partners LP (4.57%), Ruffer LLP (1.08%), Electron Capital Partners LLC (1.03%), Russell Investments Group Ltd. (0.79%) and Hosking Partners LLP (0.52%).

CX stock was sold by a variety of institutional investors in the last quarter, including Formula Growth Ltd., Brandes Investment Partners LP, Camelot Portfolios LLC, Bank of America Corp DE, SG Americas Securities LLC, Rockefeller Capital Management L.P., River & Mercantile Asset Management LLP, and Macquarie Group Ltd..

CX stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Electron Capital Partners LLC, Ruffer LLP, Russell Investments Group Ltd., Canada Pension Plan Investment Board, Charles Schwab Investment Management Inc., Letko Brosseau & Associates Inc., and Goldman Sachs Group Inc..

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.

One share of CX stock can currently be purchased for approximately $3.67.

Cemex SAB de CV has a market capitalization of $5.40 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.

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

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.