Cemex S.A.B. De C.V. ADR (NYSE: CX): Today’s Most Interesting Shares

In the last trading session, 3.99 million shares of the Cemex S.A.B. De C.V. ADR (NYSE:CX) were traded, and its beta was 1.49. Most recently the company’s share price was $8.27, and it changed around $0.09 or 1.10% from the last close, which brings the market valuation of the company to $12.50B. CX currently trades at a discount to its 52-week high of $9.27, offering almost -12.09% off that amount. The share price’s 52-week low was $5.67, which indicates that the current value has risen by an impressive 31.44% since then. We note from Cemex S.A.B. De C.V. ADR’s average daily trading volume that its 3-month average coming to 7.15 million.

Cemex S.A.B. De C.V. ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.31. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended CX as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight. Cemex S.A.B. De C.V. ADR is expected to report earnings per share of $0.12 for the current quarter.

Cemex S.A.B. De C.V. ADR (NYSE:CX) trade information

Instantly CX has showed a green trend with a performance of 1.10% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 6.71% year-to-date, but still down -1.55% over the last five days. On the other hand, Cemex S.A.B. De C.V. ADR (NYSE:CX) is -3.73% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $8.42, which translates to bulls needing to increase their stock price by 1.78% from its current value. Analyst projections state that CX is forecast to be at a low of $5 and a high of $11.

Cemex S.A.B. De C.V. ADR (CX) estimates and forecasts

Cemex S.A.B. De C.V. ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 37.83 percent over the past six months and at a 625.00% annual growth rate that is well above the industry average of 4.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -20.00% in revenue this quarter, and will report an increase of 11.10% in the next quarter. The year-over-year growth rate is expected to be 3.30%, up from the previous year.

Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $4.19 billion in revenue for the current quarter. 2 analysts expect Cemex S.A.B. De C.V. ADR to make $4.7 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $3.92 billion and $4.37 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.70%. Forecasts for the next quarter put sales growth at 7.60%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -17.84%. Cemex S.A.B. De C.V. ADR earnings are expected to increase by 6652.59% in 2024, but the outlook is positive 13.60% per year for the next five years.