NYSE:CX

CEMEX - CX Stock Forecast, Price & News

$4.55

+0.02 (+0.44%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $4.43
▼
$4.56
50-Day Range: $3.32
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$4.66
52-Week Range: $3.22
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$8.28

Volume: 5.21 million shs
Average Volume: 7.68 million shs
Market Capitalization: $6.69 billion

P/E Ratio: 23.95
Dividend Yield: N/A
Price Target: $8.62

CEMEX MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 89.4% Upside
$8.62 Price Target
Short Interest: Healthy
0.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.12
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 13.56%
From $0.59 to $0.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Construction Sector

12th out of 105 stocks

Cement, Hydraulic Industry

1st out of 4 stocks

3.3

Analyst's Opinion

Consensus Rating
CEMEX has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.62, CEMEX has a forecasted upside of 89.4% from its current price of $4.55.
Amount of Analyst Coverage
CEMEX has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.59% of the float of CEMEX has been sold short.
Short Interest Ratio / Days to Cover
CEMEX has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CEMEX has recently decreased by 2.62%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
CEMEX does not currently pay a dividend.
Dividend Growth
CEMEX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CX.

2.3

News and Social Media Coverage

News Sentiment
CEMEX has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for CEMEX this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for CX on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
MarketBeat Follows
9 people have added CEMEX to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CEMEX insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of CEMEX is held by insiders.
Percentage Held by Institutions
Only 33.42% of the stock of CEMEX is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for CEMEX are expected to grow by 13.56% in the coming year, from $0.59 to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CEMEX is 23.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of CEMEX is 23.95, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.10.
Price to Earnings Growth Ratio
CEMEX has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
CEMEX has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CEMEX (NYSE:CX) Stock

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 worldwide. The company also offers various complementary construction products, including asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building solutions for housing solutions, pavement solutions, and green building services; cement trade maritime services; and information technology solutions. The company operates approximately 2,000 retail stores. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico.

Analysts Set New Price Targets

CX has been the subject of several recent research reports. StockNews.com upgraded shares of CEMEX from a "hold" rating to a "buy" rating in a report on Wednesday, April 20th. TheStreet lowered shares of CEMEX from a "b-" rating to a "c+" rating in a report on Wednesday, April 27th. Credit Suisse Group upgraded shares of CEMEX from a "neutral" rating to an "outperform" rating and set a $6.70 target price for the company in a report on Wednesday, April 20th. Finally, Berenberg Bank lowered shares of CEMEX from a "buy" rating to a "hold" rating in a report on Friday, June 10th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $8.62.

CEMEX Stock Down 2.8 %

NYSE:CX traded down $0.13 during mid-day trading on Monday, reaching $4.53. The stock had a trading volume of 4,281,073 shares, compared to its average volume of 7,690,809. CEMEX has a 1 year low of $3.22 and a 1 year high of $8.28. The stock has a market cap of $6.66 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 0.65 and a beta of 1.32. The company has a fifty day moving average price of $3.97 and a 200 day moving average price of $4.57. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.87 and a quick ratio of 0.60.

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CX Stock News Headlines

August 16, 2022 | americanbankingnews.com

CEMEX (NYSE:CX) Downgraded by StockNews.com to Hold

August 10, 2022 | finance.yahoo.com

Global Cement Market Report 2022-2027 Featuring Anhui Conch Cement, CEMEX, Heidelberg Cement, CNBM International, Holcim Group, The Siam Cement Group and UltraTech Cement - Yahoo Finance

August 7, 2022 | finance.yahoo.com

Global Cement Markets, 2022-2027 - Focus on U.S., Canada, Brazil, Mexico, Argentina, Russia, Germany, Italy, France, Spain, Japan, India, China, S. Korea, Indonesia, Vietnam, Indonesia, Iran, Egypt - Yahoo Finance

August 2, 2022 | businesswire.com

Cemex Takes Action to Reduce Road Transportation CO2 Emissions - Business Wire

July 30, 2022 | investing.com

Mexico's Cemex posts earnings drop, cuts operating profit forecast

July 29, 2022 | fool.com

Cemex (CX) Q2 2022 Earnings Call Transcript - The Motley Fool

July 29, 2022 | marketwatch.com

Mexico's Cemex Second-Quarter Net Profit Slips - MarketWatch

July 28, 2022 | seekingalpha.com

Cemex GAAP EPADS of $0.18 beats by $0.04, revenue of $4.08B beats by $20M - Seeking Alpha

July 28, 2022 | reuters.com

Mexico's Cemex posts earnings drop, cuts operating profit forecast - Reuters

July 27, 2022 | seekingalpha.com

Cemex Q2 2022 Earnings Preview (NYSE:CX) - Seeking Alpha

July 26, 2022 | globenewswire.com

CEMEX Invests in COBOD's Revolutionary 3D Printing Tech - GlobeNewswire

July 26, 2022 | businesswire.com

Advent International and CEMEX Partner to Accelerate Development of NEORIS - Business Wire

July 21, 2022 | streetinsider.com

Form 6-K CEMEX SAB DE CV For: Jul 21 - StreetInsider.com

July 14, 2022 | au.finance.yahoo.com

CEMEX Supports Initiative to Clean Mexican Beaches

July 13, 2022 | finance.yahoo.com

Fly Ash Market Size to Reach USD 19.19 Billion 2029 | Fly Ash Industry CAGR of 6.1% During 2022-2029 - Yahoo Finance

July 12, 2022 | finance.yahoo.com

Worldwide Precast Concrete Industry to 2027 - Featuring Balfour Beatty, Boral and CEMEX Among Others - Yahoo Finance

July 11, 2022 | reuters.com

Mexico's Cemex acquires majority stake in German aggregates producer - Reuters.com

July 8, 2022 | finance.yahoo.com

CEMEX Supports Initiative to Clean Mexican Beaches - Yahoo Finance

July 6, 2022 | businesswire.com

CEMEX Supports Initiative to Clean Mexican Beaches - Business Wire

June 28, 2022 | finance.yahoo.com

CX vs. MLM: Which Stock Is the Better Value Option?

June 27, 2022 | businesswire.com

CEMEX Continues to Lead in Climate Action With Its New Green Financing Framework - Business Wire

June 13, 2022 | finance.yahoo.com

British tunnelling start-up hyperTunnel backed by VINCI - Yahoo Finance

June 10, 2022 | seekingalpha.com

Berenberg downgrades Cemex to hold - Seeking Alpha

June 8, 2022 | bizjournals.com

Wednesday Digest: SF election results; Salesforce's new NFT Cloud - San Francisco Business Times - The Business Journals

June 7, 2022 | bizjournals.com

CIM Group acquires CEMEX cement plant in West Hollywood - LA Business First - The Business Journals

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CX Company Calendar

Last Earnings: 2/10/2021
Today: 8/16/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Cement, hydraulic
Sub-Industry: N/A
Sector: Construction
Current Symbol: NYSE:CX
CUSIP: N/A
CIK: 1076378
Web: www.cemex.com
Phone: 528188884292
Fax: 52-81-8888-4483
Employees: 46,210
Year Founded: 1906

Price Target and Rating

Average Stock Price Forecast: $8.62
High Stock Price Forecast: $11.20
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +89.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 23.95
Forward P/E Ratio: 7.71
P/E Growth: 0.65
Net Income: $753 million
Net Margins: 1.91%
Pretax Margin: 6.41%
Return on Equity: 3.30%
Return on Assets: 1.27%

Debt

Debt-to-Equity Ratio: 0.70
Current Ratio: 0.87
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $14.55 billion
Price / Sales: 0.46
Cash Flow: $1.25 per share
Price / Cash Flow: 3.63
Book Value: $6.98 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 1,470,843,000
Free Float: 1,456,135,000
Market Cap: $6.69 billion
Optionable: Optionable
Beta: 1.32

Social Links

Key Executives

Mr. Rogelio Zambrano Lozano (Age 65)
Exec. Chairman
Mr. Fernando Angel Gonzalez Olivieri (Age 68)
CEO & Non-Independent Director
Mr. Maher Al-Haffar (Age 64)
CFO and Exec. VP of Fin. & Admin.
Mr. Rafael Garza Lozano (Age 59)
Chief Comptroller
Ms. Louisa Page Rodriguez (Age 62)
Exec. VP of Investor Relations, Corp. Communications & Public Affairs
Mr. Roger Saldaña Madero (Age 53)
Sr. VP of Legal & Sec.
Mr. Juan Romero Torres (Age 65)
Exec. VP of Sustainability, Commercial, Operations Devel. & Digital Marketing
Mr. Ricardo Naya Barba (Age 48)
Pres of Mexico
Mr. Jaime Muguiro Domínguez (Age 53)
Pres of CEMEX USA
Engineer Luis Hernández Echávez (Age 58)
Exec. VP of Digital, Organization Devel. & Ventures

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CX Stock - 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 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CX shares.
View CX analyst ratings or view top-rated stocks.
What is CEMEX's stock price forecast for 2022?: 6 analysts have issued 12-month price targets for CEMEX's stock. Their CX share price forecasts range from $6.00 to $11.20. On average, they anticipate the company's share price to reach $8.62 in the next twelve months. This suggests a possible upside of 89.4% 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 2022?: CEMEX's stock was trading at $6.78 at the beginning of 2022. Since then, CX stock has decreased by 32.9% and is now trading at $4.55.
View the best growth stocks for 2022 here.
When is CEMEX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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 data on Wednesday, February, 10th. The construction company reported $0.06 earnings per share (EPS) for the quarter, topping 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%.
Read the conference call transcript.
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).

What is CEMEX's stock symbol?: CEMEX trades on the New York Stock Exchange (NYSE) under the ticker symbol "CX."
Who are CEMEX's major shareholders?: CEMEX's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (4.86%), UBS Asset Management Americas Inc. (1.81%), RWC Asset Advisors US LLC (1.34%), Pendal Group Ltd (0.97%), Allspring Global Investments Holdings LLC (0.76%) and Renaissance Technologies LLC (0.43%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CEMEX's stock price today?: One share of CX stock can currently be purchased for approximately $4.55.
How much money does CEMEX make?: CEMEX (NYSE:CX) has a market capitalization of $6.69 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.
How many employees does CEMEX have?: The company employs 46,210 workers across the globe.
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.
Read More
When was CEMEX founded?: CEMEX was founded in 1906.
How can I contact CEMEX?: 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.

This page (NYSE:CX) was last updated on 8/16/2022 by MarketBeat.com Staff

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CEMEX - CX Stock Forecast, Price & News

CEMEX MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month