Cemex S.A.B. De C.V. ADR (NYSE: CX) has a price-to-earnings ratio that is above its average at 55.42x. The stock has a 36-month beta value of 1.49. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for CX is 1.51B, and at present, short sellers hold a 0.72% of that float. On May 07, 2024, the average trading volume of CX was 7.00M shares.
CX) stock’s latest price update
Cemex S.A.B. De C.V. ADR (NYSE: CX) has experienced a decline in its stock price by -0.25 compared to its previous closing price of 8.00. However, the company has seen a fall of -1.60% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-01 that BRDCY, CPLP and CX have been added to the Zacks Rank #5 (Strong Sell) List on May 1, 2023.
CX’s Market Performance
Cemex S.A.B. De C.V. ADR (CX) has experienced a -1.60% fall in stock performance for the past week, with a -9.32% drop in the past month, and a -5.67% drop in the past quarter. The volatility ratio for the week is 2.69%, and the volatility levels for the past 30 days are at 3.07% for CX. The simple moving average for the last 20 days is -3.45% for CX’s stock, with a simple moving average of 5.73% for the last 200 days.
Analysts’ Opinion of CX
Many brokerage firms have already submitted their reports for CX stocks, with BofA Securities repeating the rating for CX by listing it as a “Neutral.” The predicted price for CX in the upcoming period, according to BofA Securities is $9 based on the research report published on April 24, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see CX reach a price target of $9. The rating they have provided for CX stocks is “Equal Weight” according to the report published on February 09th, 2024.
BofA Securities gave a rating of “Buy” to CX, setting the target price at $9 in the report published on January 09th of the current year.
CX Trading at -3.88% from the 50-Day Moving Average
After a stumble in the market that brought CX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.87% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares sank -10.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.09% lower at present.
During the last 5 trading sessions, CX fell by -1.60%, which changed the moving average for the period of 200-days by +6.97% in comparison to the 20-day moving average, which settled at $8.22. In addition, Cemex S.A.B. De C.V. ADR saw 2.97% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.33 for the gross margin
The net margin for Cemex S.A.B. De C.V. ADR stands at 0.01. The total capital return value is set at 0.09. Equity return is now at value 1.79, with 0.75 for asset returns.
Based on Cemex S.A.B. De C.V. ADR (CX), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 3.7.
Currently, EBITDA for the company is 3.35 billion with net debt to EBITDA at 2.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 6.64for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.
Conclusion
To sum up, Cemex S.A.B. De C.V. ADR (CX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
