During the recent session, Cemex S.A.B. De C.V. ADR (NYSE:CX)’s traded shares were 2.05 million, with the beta value of the company hitting 1.47. At the last check today, the stock’s price was $6.32, reflecting an intraday gain of 2.18% or $0.14. The 52-week high for the CX share is $9.27, that puts it down -46.68 from that peak though still a striking 12.97% gain since the share price plummeted to a 52-week low of $5.50. The company’s market capitalization is $9.55B, and the average intraday trading volume over the past 10 days was 11.45 million shares, and the average trade volume was 11.33 million shares over the past three months.

Cemex S.A.B. De C.V. ADR (CX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.44. CX has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.29.

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

Cemex S.A.B. De C.V. ADR (CX) registered a 2.18% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.18% in intraday trading to $6.32, hitting a weekly high. The stock’s 5-day price performance is 5.96%, and it has moved by -3.59% in 30 days. Based on these gigs, the overall price performance for the year is -11.31%. The short interest in Cemex S.A.B. De C.V. ADR (NYSE:CX) is 11.36 million shares and it means that shorts have 1.14 day(s) to cover.

The consensus price target of analysts on Wall Street is $9, which implies an increase of 29.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $11 respectively. As a result, CX is trading at a discount of -74.05% off the target high and 20.89% off the low.

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

Statistics show that Cemex S.A.B. De C.V. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Cemex S.A.B. De C.V. ADR (CX) shares have gone down -25.09% during the last six months, with a year-to-date growth rate more than the industry average at 583.33% against 2.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 222.20% this quarter and then jump 176.70% in the quarter after that. In the rating firms’ projections, revenue will increase 0.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.63B as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 4.37B by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -17.84%. While earnings are projected to return 668.36% in 2024, the next five years will return 13.60% per annum.

CX Dividends

Cemex S.A.B. De C.V. ADR is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Cemex S.A.B. De C.V. ADR is 0.04, with the dividend yield indicating at 0.65 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 3.95%.

The next largest institutional holding, with 20.78 million shares, is of FMR LLC’s that is approximately 1.415% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $132.8 million.