CEMEX, S.A.B. de C.V. (CX)
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]
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 StatementsAnalyst 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.
News
These 2 emerging markets stocks could return 50% each in 2025
HSBC says emerging markets could prove to be relatively “less vulnerable” as President-elect Donald Trump proceeds with raising tariffs on foreign goods in 2025. EMs typically have better growth dynam...
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.
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.
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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
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...
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...
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...