Shares of CEMEX, S.A.B. de C.V. (NYSE:CX – Get Free Report) have earned a consensus recommendation of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $7.82.
Several research analysts recently commented on CX shares. Royal Bank of Canada raised their target price on CEMEX from $5.00 to $6.00 and gave the stock an “underperform” rating in a research report on Monday, February 10th. The Goldman Sachs Group raised their target price on CEMEX from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th.
Get Our Latest Research Report on CX
Institutional Inflows and Outflows
CEMEX Stock Up 0.9 %
CX opened at $6.08 on Friday. CEMEX has a 1-year low of $5.00 and a 1-year high of $9.27. The company has a current ratio of 0.82, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 9.64 and a beta of 1.45. The business has a 50 day moving average of $6.08 and a 200-day moving average of $5.88.
CEMEX (NYSE:CX – Get Free Report) last issued its earnings results on Thursday, February 13th. The construction company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.10 by $0.06. CEMEX had a return on equity of 7.78% and a net margin of 5.70%. As a group, sell-side analysts anticipate that CEMEX will post 0.69 earnings per share for the current year.
CEMEX Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.0207 per share. The ex-dividend date is Monday, March 10th. CEMEX’s payout ratio is presently 12.70%.
About CEMEX
CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products.
Featured Stories
- Five stocks we like better than CEMEX
- What is the Euro STOXX 50 Index?
- Can TikTok Stock Picks Really Make You Rich?
- What Are the FAANG Stocks and Are They Good Investments?
- The “Quality” Rotation: Back to Basics Investing
- Election Stocks: How Elections Affect the Stock Market
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for CEMEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CEMEX and related companies with MarketBeat.com's FREE daily email newsletter.