Market Insight: Cemex S.A.B. De C.V. ADR (CX)’s Notable Drop, Closing at 7.81

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In the latest session, Cemex S.A.B. De C.V. ADR (NYSE: CX) closed at $7.81 down -2.13% from its previous closing price of $7.98. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 8.98 million shares were traded. CX stock price reached its highest trading level at $8.04 during the session, while it also had its lowest trading level at $7.77.

Ratios:

For a deeper understanding of Cemex S.A.B. De C.V. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.64.

On February 09, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $9.

BofA Securities Upgraded its Neutral to Buy on January 09, 2024, while the target price for the stock was maintained at $9.

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 22708901888 and an Enterprise Value of 119549190144. As of this moment, Cemex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.24, and their Forward P/E ratio for the next fiscal year is 8.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 6.825 whereas that against EBITDA is 40.195.

Stock Price History:

Over the past 52 weeks, CX has reached a high of $9.27, while it has fallen to a 52-week low of $5.67. The 50-Day Moving Average of the stock is -5.89%, while the 200-Day Moving Average is calculated to be 3.44%.

Shares Statistics:

For the past three months, CX has traded an average of 7.06M shares per day and 6182730 over the past ten 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 29.30% stake in the company. Shares short for CX as of 1713139200 were 5747833 with a Short Ratio of 1.55, compared to 1710460800 on 6355350.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.95.

Earnings Estimates

The current assessment of Cemex S.A.B. De C.V. ADR (CX) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.12, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.2, with high estimates of $0.26 and low estimates of $0.13.

Analysts are recommending an EPS of between $0.92 and $0.44 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $0.95, with 8.0 analysts recommending between $1.08 and $0.77.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $4.72B this quarter.It ranges from a high estimate of $4.76B to a low estimate of $4.68B. As of the current estimate, Cemex S.A.B. De C.V. ADR’s year-ago sales were $4.37BFor the next quarter, 2 analysts are estimating revenue of $4.78B. There is a high estimate of $4.85B for the next quarter, whereas the lowest estimate is $4.71B.

A total of 11 analysts have provided revenue estimates for CX’s current fiscal year. The highest revenue estimate was $18.59B, while the lowest revenue estimate was $17.6B, resulting in an average revenue estimate of $18.04B. In the same quarter a year ago, actual revenue was $17.42BBased on 9 analysts’ estimates, the company’s revenue will be $18.86B in the next fiscal year. The high estimate is $19.35B and the low estimate is $18.45B.

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