Cemex S.A.B. De C.V. ADR (CX) Is A Great Bargain Stock To Take A Look At

Cemex S.A.B. De C.V. ADR (NYSE:CX) has a beta value of 1.48 and has seen 8.47 million shares traded in the last trading session. The company, currently valued at $9.10B, closed the last trade at $6.02 per share which meant it lost -$0.12 on the day or -1.95% during that session. The CX stock price is -53.99% off its 52-week high price of $9.27 and 8.64% above the 52-week low of $5.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.71 million shares traded. The 3-month trading volume is 11.80 million shares.

The consensus among analysts is that Cemex S.A.B. De C.V. ADR (CX) is Buy stock at the moment, with a recommendation rating of 1.32. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.21.

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

Sporting -1.95% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CX stock price touched $6.02 or saw a rise of 2.9%. Year-to-date, Cemex S.A.B. De C.V. ADR shares have moved -22.32%, while the 5-day performance has seen it change 2.38%. Over the past 30 days, the shares of Cemex S.A.B. De C.V. ADR (NYSE:CX) have changed 0.17%. Short interest in the company has seen 6.08 million shares shorted with days to cover at 0.45.

Wall Street analysts have a consensus price target for the stock at $9, which means that the shares’ value could jump 33.11% from current levels. The projected low price target is $5.0 while the price target rests at a high of $11.0. In that case, then, we find that the current price level is -82.72% off the targeted high while a plunge would see the stock lose 16.94% from current levels.

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

Figures show that Cemex S.A.B. De C.V. ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -28.33% over the past 6 months, with this year growth rate of 558.33%, compared to 1.20% for the industry. Revenue growth from the last financial year stood is estimated to be -0.60%.

4 analysts offering their estimates for the company have set an average revenue estimate of 4.37B for the current quarter. 3 have an estimated revenue figure of 4.26B for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -17.84% over the past 5 years.

CX Dividends

Cemex S.A.B. De C.V. ADR is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Cemex S.A.B. De C.V. ADR (NYSE:CX)’s Major holders

The top two institutional holders are BAILLIE GIFFORD & CO with over 31.99 million shares worth more than $204.39 million. As of 2024-06-30, BAILLIE GIFFORD & CO held 2.1778% of shares outstanding.

The other major institutional holder is FMR LLC, with the holding of over 20.78 million shares as of 2024-06-30. The firm’s total holdings are worth over $132.8 million and represent 1.415% of shares outstanding.