Market Highlights: Cemex S.A.B. De C.V. ADR (CX) Ends on a High Note at 6.78

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The price of Cemex S.A.B. De C.V. ADR (NYSE: CX) closed at $6.78 in the last session, up 13.38% from day before closing price of $5.98. In other words, the price has increased by $13.38 from its previous closing price. On the day, 25.56 million shares were traded. CX stock price reached its highest trading level at $6.8 during the session, while it also had its lowest trading level at $6.23.

Ratios:

We take a closer look at CX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on December 11, 2024, Downgraded its rating to Underperform and sets its target price to $5 from $6 previously.

On October 29, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $7 to $6.

RBC Capital Mkts Upgraded its Underperform to Sector Perform on October 08, 2024, whereas the target price for the stock was revised from $9 to $6.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 01 ’24 when JAIME MUGUIRO DOMINGUEZ bought 14,990 shares for $5.22 per share.

Saldana Madero Roger bought 45,385 shares of CX for $305,641 on Aug 16 ’24. On Aug 07 ’24, another insider, VICENTE SAISO ALVA, who serves as the Vice President of Strategic Pl of the company, bought 9,648 shares for $6.27 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CX now has a Market Capitalization of 10021992448 and an Enterprise Value of 94058749952. As of this moment, Cemex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.12, and their Forward P/E ratio for the next fiscal year is 8.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 5.453 whereas that against EBITDA is 30.397.

Stock Price History:

The Beta on a monthly basis for CX is 1.46, which has changed by -0.21932113 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, CX has reached a high of $9.27, while it has fallen to a 52-week low of $5.00. The 50-Day Moving Average of the stock is 18.87%, while the 200-Day Moving Average is calculated to be 7.91%.

Shares Statistics:

According to the various share statistics, CX traded on average about 10.24M shares per day over the past 3-months and 9184870 shares per day over the past 10 days. A total of 1.51B shares are outstanding, with a floating share count of 1.51B. Insiders hold about 0.00% of the company’s shares, while institutions hold 29.40% stake in the company. Shares short for CX as of 1736899200 were 13409320 with a Short Ratio of 1.21, compared to 1734048000 on 10528193.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.95. The current Payout Ratio is 0.00% for CX, which recently paid a dividend on 2024-09-13 with an ex-dividend date of 1733788800. Stock splits for the company last occurred on 2017-05-03 when the company split stock in a 104:100 ratio.

Most Popular