The price-to-earnings ratio for Cemex S.A.B. De C.V. ADR (NYSE: CX) is above average at 17.85x. The 36-month beta value for CX is also noteworthy at 1.50. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 6 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for CX is 1.51B, and at present, short sellers hold a 0.66% of that float. The average trading volume of CX on November 18, 2024 was 12.28M shares.
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CX) stock’s latest price update
Cemex S.A.B. De C.V. ADR (NYSE: CX) has seen a rise in its stock price by 2.63 in relation to its previous close of 5.33. However, the company has experienced a -7.13% decline in its stock price over the last five trading sessions. benzinga.com reported 2024-10-29 that CEMEX, S.A.B. de C.V. CX reported worse-than-expected third-quarter financial results on Monday.
CX’s Market Performance
Cemex S.A.B. De C.V. ADR (CX) has seen a -7.13% fall in stock performance for the week, with a -7.91% decline in the past month and a -17.87% plunge in the past quarter. The volatility ratio for the week is 3.62%, and the volatility levels for the past 30 days are at 3.90% for CX. The simple moving average for the past 20 days is -1.75% for CX’s stock, with a -21.66% simple moving average for the past 200 days.
Analysts’ Opinion of CX
Many brokerage firms have already submitted their reports for CX stocks, with JP Morgan repeating the rating for CX by listing it as a “Neutral.” The predicted price for CX in the upcoming period, according to JP Morgan is $6 based on the research report published on October 29, 2024 of the current year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see CX reach a price target of $6.50, previously predicting the price at $9. The rating they have provided for CX stocks is “Sector Perform” according to the report published on October 08th, 2024.
JP Morgan gave a rating of “Overweight” to CX, setting the target price at $8 in the report published on August 21st of the current year.
CX Trading at -6.75% 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 -40.96% of loss for the given period.
Volatility was left at 3.90%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares sank -8.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.70% lower at present.
During the last 5 trading sessions, CX fell by -7.13%, which changed the moving average for the period of 200-days by -35.04% in comparison to the 20-day moving average, which settled at $5.57. In addition, Cemex S.A.B. De C.V. ADR saw -29.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CX starting from JAIME MUGUIRO DOMINGUEZ, who proposed sale 14,990 shares at the price of $5.22 back on Nov 01 ’24. After this action, JAIME MUGUIRO DOMINGUEZ now owns shares of Cemex S.A.B. De C.V. ADR, valued at $78,323 using the latest closing price.
Saldana Madero Roger, the Senior Vice President – Legal of Cemex S.A.B. De C.V. ADR, proposed sale 45,385 shares at $6.73 during a trade that took place back on Aug 16 ’24, which means that Saldana Madero Roger is holding shares at $305,641 based on the most recent closing price.
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 0.03. The total capital return value is set at 0.09. Equity return is now at value 2.26, with 0.99 for asset returns.
Based on Cemex S.A.B. De C.V. ADR (CX), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 3.52.
Currently, EBITDA for the company is 3.12 billion with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 6.47for 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 0.98.
Conclusion
In summary, Cemex S.A.B. De C.V. ADR (CX) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
