A Look At Insider Reactions To CEMEX S.A.B. de C.V. (CX)

As of Thursday close, CEMEX S.A.B. de C.V.’s (NYSE:CX) stock was up $0.11, moving up 3.04 percent to $3.73. The average number of shares traded per day over the past five days has been 14,197,961 shares. 4 times new highs have been achieved over the past 5 days, with a $0.18 gain in that time frame. In the last twenty days, the average volume was 9,585,665, while in the previous 50 days, it was 7,831,120.

Since last month, CX stock retreated -14.45%. Shares of the company fell to $3.22 on 06/17/22, the lowest level in the past month. A 52-week high of $9.09 was reached on 01/05/22 after having rallying from a 52-week low of $3.22. Since the beginning of this year, CX’s stock price has dropped by -44.99% or -$3.05, and marked a new high 2 times. However, the stock has declined by -58.97% since its 52-week high.

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Valuation Metrics

Right now, CEMEX S.A.B. de C.V. (CX) has a P/E ratio of about 17.03. The stock’s beta is 1.44. Besides these, the trailing price-to-sales (P/S) ratio of 0.37, the price-to-book (PB) ratio of 0.54, and the price-to-cash flow ratio of 3.28 may also be considered.

The latest dividend of $0.049620 per share was paid out, which is -0.54% less than last year’s $0.049890.

Financial Health

In the three months ended March 30, CEMEX S.A.B. de C.V.’s quick ratio stood at 0.60, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.85, and the total debt-to-equity ratio was 0.89. On the profitability front, the trailing twelve-month gross margin is 31.70% percent. In the year ended March 30, operating margins totaled 6.90%. Based on annual data, CX earned $4.67 billion in gross profit and brought in $14.55 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.10%. Return on equity (ROE) for the past 12 months was 2.90%.

In CEMEX S.A.B. de C.V.’s quarter-end financial report for March 30, it reported total debt of $1.3 billion against cash and short-term investments of $39.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CX’s revenue rose 10.85% during the quarter, while net income inched up to $14.55 billion. While analysts expected CEMEX S.A.B. de C.V. to report $0.05 quarterly earnings, the actual figure was $0.42 per share. During the quarter, the company generated -$124.62 million in EBITDA. The liabilities of CEMEX S.A.B. de C.V. were 16.79 billion at the end of its most recent quarter ended March 30, and its total debt was $8.96 billion.

Technical Picture

This quick technical analysis looks at CEMEX S.A.B. de C.V.’s (CX) price momentum. With a historical volatility rate of 66.66%, the RSI 9-day stood at 43.32% on 23 June.

With respect to its five-day moving average, the current CEMEX S.A.B. de C.V. price is up by +5.07% percent or $0.18. At present, CX shares trade -11.40% below its 20-day simple moving average and -38.85% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.48% below its SMA50 and -52.48% below its SMA200.

Stochastic coefficient K was 33.28% and Stochastic coefficient D was 26.12%, while ATR was 0.20. Given the Stochastic reading of 40.64% for the 14-day period, the RSI (14) reading has been calculated as 41.22%. As of today, the MACD Oscillator reading stands at 0.06, while the 14-day reading stands at -0.18.

Analyst Ratings

CEMEX S.A.B. de C.V. downgraded its rating on CEMEX S.A.B. de C.V. (NYSE: CX) to a Hold in a note to investors on June 10, 2022. The analysts firm previously had a Buy rating on the stock.CEMEX S.A.B. de C.V. (CX) has been rated Buy by analysts. According to 0 brokerage firms, CX is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate CEMEX S.A.B. de C.V. stock as buy, with 15 recommending it as overweight.

With a median target price of $7.00, the current consensus forecast for the stock is $5.00 – $11.00. Based on these forecasts, analysts predict CEMEX S.A.B. de C.V. (CX) will achieve an average price target of $7.52.


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