The stock of CEMEX S.A.B. de C.V. (NYSE:CX) decreased by -$0.04 on Wednesday to $4.43, down -1.01 percent. The last five days have seen an average of 2,583,097 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$2.35. The average number of shares traded over the last 20 days was 4,571,194, while the average volume over the last 50 days totaled 4,338,900.
CX stock appreciated 26.99% since last month. On 10/27/22, the company’s shares reached a one-month low of $3.40. The stock touched a high of $6.93 on 01/05/22, after rallying from a low of $3.20 in 52 weeks. The price of CX stock has declined by -34.07% or -$2.35 this year, reaching a new high 2 times. Still, the stock price is down -36.15% from the 52-week high.
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CEMEX S.A.B. de C.V. (CX) has a trailing price-to-earnings (P/E) ratio of 7.07. Beta for the stock is 1.33. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.45, the price-to-book (PB) ratio of 0.62, and the price-to-cash flow ratio of 5.68.
Company paid $0.0496 per share in dividends, a decrease of -0.6% from $0.0499 last year.
For the three months ended September 29, CEMEX S.A.B. de C.V.’s quick ratio was 0.60, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.74, and the total debt to equity ratio is 0.78. As far as profitability goes, gross margin for the trailing twelve months is 30.60% percent. CEMEX S.A.B. de C.V.’s operating margin stood at 10.40% for the same period. Based on annual data, it had gross profit of $4.67 billion and revenue of $14.55 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CX’s return on assets (ROA) during the last 12 months has been 4.30%. There was a 8.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 11.40%.
According to CEMEX S.A.B. de C.V.’s quarterly financial report for the quarter that ended September 29, it had $1.3 billion in total debt versus $39.0 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $14.55 billion, while revenues rose by 10.85% to $0.0. It was predicted that CEMEX S.A.B. de C.V.’s quarterly earnings would be $0.18, but it ended up being $0.17, beating the consensus by 5.90%. EBITDA was $350.68 million for the quarter. At the end of CEMEX S.A.B. de C.V.’s most recent quarter ended September 29, its liabilities totaled 15.69 billion, while its total debt was $8.19 billion.
Here’s a quick look at CEMEX S.A.B. de C.V.’s (CX) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 61.24%, suggesting the stock is Neutral, with a 33.04% historical volatility rate.
The stochastic %K and %D were 77.96% and 81.00% respectively, while the average true range (ATR) was 0.15. Based on the 14-day stochastic reading of 74.07%, the RSI (14) reading is 62.21%. On the 9-day MACD Oscillator, the stock is at -0.06, and the 14-day reading is at 0.08.
CEMEX S.A.B. de C.V. (NYSE: CX) was downgraded by Exane BNP Paribas to a a Neutral rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned CEMEX S.A.B. de C.V. (CX) an Overweight rating. CX is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 14 others recommend it as a buy.
What is CX’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.00 and $10.00, with a median target price of $6.00. In analyzing these forecasts, the average price target given by analysts for CEMEX S.A.B. de C.V. (CX) is $6.33.