CEMEX, S.A.B. de C.V. (CX)

NYSE: CX · Real-Time Price · USD
5.64
-0.02 (-0.27%)
Dec 23, 2024, 9:59 AM EST - Market open
-0.27%
Market Cap 8.15B
Revenue (ttm) 17.25B
Net Income (ttm) 449.34M
Shares Out 14.49B
EPS (ttm) 0.02
PE Ratio 18.13
Forward PE 7.22
Dividend $0.04 (0.74%)
Ex-Dividend Date Sep 13, 2024
Volume 376,550
Open 5.66
Previous Close 5.65
Day's Range 5.62 - 5.70
52-Week Range 5.00 - 9.27
Beta 1.12
Analysts Buy
Price Target 7.70 (+36.65%)
Earnings Date Feb 6, 2025

About CX

CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products. It also provides crushed stone,... [Read more]

Sector Materials
IPO Date Sep 15, 1999
Employees 46,497
Stock Exchange NYSE
Ticker Symbol CX
Full Company Profile

Financial Performance

In 2023, Cemex's revenue was $17.39 billion, an increase of 11.63% compared to the previous year's $15.58 billion. Earnings were $182.00 million, a decrease of -78.79%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CX stock is "Buy." The 12-month stock price forecast is $7.7, which is an increase of 36.65% from the latest price.

Price Target
$7.7
(36.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

These 2 emerging markets stocks could return 50% each in 2025

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9 days ago - Invezz

Cemex Recognized at COP29 for Solar Clinker Breakthrough

MONTERREY, Mexico--(BUSINESS WIRE)---- $Cemex #Cemex--Cemex received the Net-Zero Industries Award for its Solar Clinker project, launched two years ago in partnership with Synhelion.

4 weeks ago - Business Wire

Cemex Analysts Slash Their Forecasts After Q3 Results

CEMEX, S.A.B. de C.V. CX reported worse-than-expected third-quarter financial results on Monday.

7 weeks ago - Benzinga

After Q3 Results, CEMEX Approaches Cyclical Bottoms, But Is Only Fairly Valued

CEMEX, S.A.B. de C.V. posted Q3 results with a 9% stock drop, citing non-recurring volume decreases due to challenging climate conditions but maintained EBITDA margins through pricing. Cemex operates ...

7 weeks ago - Seeking Alpha

CEMEX, S.A.B. de C.V. (CX) Q3 2024 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (NYSE:CX) Q3 2024 Results Conference Call October 28, 2024 11:00 AM ET Company Participants Lucy Rodriguez - EVP of IR, Corporate Communications and Public Affairs Fernando Gonz...

7 weeks ago - Seeking Alpha

EU Backs Pioneering CO2 Capture Project at Cemex's Rüdersdorf Cement Plant

MONTERREY, Mexico--(BUSINESS WIRE)-- #cemex--A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding ...

2 months ago - Business Wire

CEMEX: Patience Should Pay Off, As Multiple And Growth Prospects Remain Favorable

CEMEX's Mexican segment shows steady growth, offsetting weaknesses in Europe and the Middle East, leading to flat to slightly positive growth in 2024. Strong pricing and decelerating cost inflation ar...

3 months ago - Seeking Alpha

A Little Rain Won't Slow Down The CEMEX Growth Engine

CEMEX faced weather-related headwinds in key US and Mexico markets, causing significant volume drops, especially in the ready-mix category with a 9% decline. Despite significant weather-related and ma...

3 months ago - Seeking Alpha

Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World

MONTERREY, Mexico--(BUSINESS WIRE)---- $Cemex #ChangetheWorld--Cemex announced today that it has been included in Fortune's 2024 Change the World list. The list, selected by Fortune reporters and edit...

3 months ago - Business Wire

UK Stone Quarrying Industry Research Report 2024 Featuring Aggregate Industries UK, Cemex, Breedon Group, Tarmac Trading, and Hanson Quarry

Dublin, July 29, 2024 (GLOBE NEWSWIRE) -- The "Stone Quarrying in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering. This report covers the scope, si...

5 months ago - GlobeNewsWire

CEMEX, S.A.B. de C.V. (CX) Q2 2024 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (NYSE:CX) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Lucy Rodriguez - Executive Vice President of Investor Relations, Corporate Communicatio...

5 months ago - Seeking Alpha

Cemex Partners With the Ellen MacArthur Foundation to Accelerate Circular Economy Efforts in the Built Environment

MONTERREY, Mexico--(BUSINESS WIRE)---- $cemex #biodiversity--Cemex announced today that it has signed a Network Partnership agreement with the Ellen MacArthur Foundation to accelerate circular economy...

5 months ago - Business Wire

Cemex: Positive Drivers Undermined By Worries Around Mexico And Capital Allocation

Cemex stock has underperformed peers, in large part due to bearish sentiment on Mexico after the recent presidential election. Demand and margins have stayed healthy in Mexico, and Q2 should see doubl...

5 months ago - Seeking Alpha

Broad Market Reach, Customers Expanding UKG Investments Fuel Second-Quarter Fiscal 2024 Momentum

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, workforce management, and culture solutions for all people, today provided a business update for the second quart...

7 months ago - Business Wire

Cemex and MPP collaborate to accelerate decarbonization projects

Cemex and the Mission Possible Partnership collaborate on an analysis of decarbonization levers in partnership with the Bezos Earth Fund. MONTERREY, Mexico , May 13, 2024 /PRNewswire/ -- Cemex and the...

7 months ago - PRNewsWire

Cemex Tops Industry in 2024 Climate and Energy Benchmark

MONTERREY, Mexico--(BUSINESS WIRE)-- #benchmark--Cemex has been recognized as the industry's top-scoring company in the World Benchmarking Alliance's 2024 Climate and Energy Benchmark. This recognitio...

8 months ago - Business Wire

Fitch Ratings Upgrades Cemex to Investment Grade

MONTERREY, Mexico--(BUSINESS WIRE)---- $cemex #cemex--Cemex announced today that it has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S...

8 months ago - Business Wire

CEMEX, S.A.B. de C.V. (CX) Q1 2024 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (NYSE:CX) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Lucy Rodriguez - Chief Communications Officer Fernando Gonzalez - Chief Executive Offi...

8 months ago - Seeking Alpha

UKG Names New President, GTM: Meet Rachel Barger

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, workforce management, and culture solutions for all people, today announced that Rachel Barger, current Senior Vi...

8 months ago - Business Wire

Standard & Poor's Upgrades Cemex to Investment Grade

MONTERREY, Mexico--(BUSINESS WIRE)-- #SP--Rating agency Standard & Poor's (S&P) announced today that it has upgraded Cemex's long-term global scale issuer credit rating to Investment Grade (BBB-) due ...

10 months ago - Business Wire

CEMEX: Volume Recovery And Strong Pricing To Drive Growth In 2024

Cemex is experiencing strong volume recovery in its Mexican business across most of its products. The company's margin profile has improved significantly, supported by the strong performance of its Ur...

11 months ago - Seeking Alpha

CEMEX, S.A.B. de C.V. (CX) Q4 2023 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (CX) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Cemex Unveiled the First Fully Electric Ready-Mix Truck in the Middle East During COP28 in Dubai

MONTERREY, Mexico & DUBAI, United Arab Emirates--(BUSINESS WIRE)---- $cemex #cemex--This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Mid...

1 year ago - Business Wire

Cemex passes 1,000 lower-carbon truck milestone

MONTERREY, Mexico--(BUSINESS WIRE)-- #alternative--Cemex announced that it now has over 1,000 heavy-duty trucks powered with lower-carbon fuels as part of a comprehensive transition strategy seeking t...

1 year ago - Business Wire

CEMEX, S.A.B. de C.V. (CX) Q3 2023 Earnings Call Transcript

CEMEX, S.A.B. de C.V. (NYSE:CX) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Lucy Rodriguez - Chief Communications Officer Fernando Gonzalez - CEO Maher Al-Haffa...

1 year ago - Seeking Alpha