NYSE: CX · IEX Real-Time Price · USD
+0.03 (0.45%)
Sep 25, 2023, 10:29 AM EDT - Market open
Market Cap 10.20B
Revenue (ttm) 15.58B
Net Income (ttm) 858.00M
Shares Out 1.45B
EPS (ttm) 0.19
PE Ratio 4.48
Forward PE 5.15
Dividend n/a
Ex-Dividend Date n/a
Volume 1,245,390
Open 6.67
Previous Close 6.68
Day's Range 6.65 - 6.79
52-Week Range 3.20 - 8.46
Beta 1.17
Analysts Buy
Price Target 7.42 (+10.58%)
Earnings Date Oct 26, 2023

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 worldwide. The company also offers asphalt, concrete blocks, concrete block paving, rail sleepers, and flooring systems; architectural concrete products; and box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it provides building and paving solutions; logistic services; retail service through e-commerce platform; and design... [Read more]

Sector Materials
IPO Date Sep 15, 1999
Employees 43,853
Stock Exchange NYSE
Ticker Symbol CX
Full Company Profile

Financial Performance

In 2022, CEMEX's revenue was $15.58 billion, an increase of 8.33% compared to the previous year's $14.38 billion. Earnings were $858.00 million, an increase of 13.94%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CX stock is "Buy." The 12-month stock price forecast is $7.42, which is an increase of 10.58% from the latest price.

Price Target
(10.58% upside)
Analyst Consensus: Buy
Stock Forecasts


Mexico's Cemex in talks with banks over $3 bln debt refinancing -BBG

Mexican cement maker Cemex is in talks to refinance its entire $3 billion credit facility with banks, Bloomberg reported on Thursday, citing company executives.

3 days ago - Reuters

SaverOne Expand its Cooperation with Cemex: Launches First European Pilot with Cemex in Spain

PETAH TIKVAH, Israel , Sept. 6, 2023 /PRNewswire/ -- SaverOne 2014 Ltd.

Other symbols: SVRE
19 days ago - PRNewsWire

Cemex and Synhelion make further progress toward the world's first fully solar-powered cement plant

MONTERREY, Mexico & ZURICH--(BUSINESS WIRE)---- $CX #alternative--Cemex and Synhelion announced today a significant milestone in their joint effort to develop fully solar-driven cement production: the...

7 weeks ago - Business Wire

Statement on the Illegal Occupation of Vulcan's Property in Mexico

BIRMINGHAM, Ala. , March 21, 2023 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today issued the following statement: On Tuesday, Marc...

Other symbols: VMC
6 months ago - PRNewsWire

Cemex Statement Regarding Marine Terminal in Quintana Roo, Mexico

MONTERREY, Mexico--(BUSINESS WIRE)--Cemex has an existing contractual relationship with Calica, a Mexican subsidiary of Vulcan Materials, for the use of a marine terminal located in Playa del Carmen, ...

6 months ago - Business Wire

Cemex updates its brand as part of an ongoing evolution

MONTERREY, Mexico , March 15, 2023 /PRNewswire/ -- Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming...

6 months ago - PRNewsWire

CEMEX, Sandia Labs, and Synhelion to Scale Solar Energy Technology to Produce Cement

MONTERREY, Mexico & ALBUQUERQUE, N.M. & LUGANO, Switzerland--(BUSINESS WIRE)-- #SandiaLabs--CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to...

7 months ago - Business Wire

Volvo Trucks and CEMEX Unveil First Fully Electric Heavy Concrete Mixer Truck

MONTERREY, Mexico--(BUSINESS WIRE)-- #cemex--CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that Volvo Trucks has supplied it with the world's first fully electric and zero-emission heavy concrete mi...

Other symbols: VLVLY
8 months ago - Business Wire

CEMEX Contributes to Circular Economy With Launch of Its Regenera Waste Management Business

MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) announced today the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling...

8 months ago - Business Wire

CEMEX Decarbonization Goals Validated by the SBTi for Alignment with 1.5ºC Scenario

MONTERREY, Mexico--(BUSINESS WIRE)-- #ScienceBasedTargets--CEMEX, S.A.B.

11 months ago - Business Wire

CEMEX Launches Startup Accelerator to Strengthen Its Open Innovation Approach

MONTERREY, Mexico--(BUSINESS WIRE)-- #accelerator--CEMEX, S.A.B.

11 months ago - Business Wire

Mexico's Cemex posts third-quarter profit after raising prices

Mexican cement producer Cemex posted a profit for the third quarter Thursday on higher prices, though shares slid after it missed core earnings estimates.

11 months ago - Reuters

CEMEX and Ocean Conservancy Team Up to Clean Cancun Beaches

MONTERREY, Mexico--(BUSINESS WIRE)-- #beach--CEMEX has teamed up with Red Ambiental and Ocean Conservancy to clean Cancun's beaches and use the collected waste as an alternative to fossil fuels.

1 year ago - Business Wire

CEMEX to Align Its Decarbonization Goals With Most Ambitious 1.5º C Scenario

MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it is working with the Science-Based Targets initiative (SBTi) to validate its 2050 net-zero CO2 roadmap and it...

1 year ago - Business Wire

CEMEX Showcases Sustainability Progress and Commitments at UN General Assembly

MONTERREY, Mexico--(BUSINESS WIRE)-- #GlobalCompact--CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that it is reaffirming its commitment to the United Nation's Sustainable Development Goals (SDGs), ...

1 year ago - Business Wire

Cemex Takes Action to Reduce Road Transportation CO2 Emissions

MONTERREY, Mexico--(BUSINESS WIRE)-- #carbon--CEMEX added nearly 200 lower-carbon natural gas-powered trucks as part of a comprehensive strategy seeking to decarbonize its global fleet.

1 year ago - Business Wire

Mexico's Cemex posts earnings drop, cuts operating profit forecast

Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings and lowered its full-year operating profit forecast, even as it boosted prices to offset surging en...

1 year ago - Reuters

Advent International and CEMEX Partner to Accelerate Development of NEORIS


1 year ago - Business Wire

CEMEX Supports Initiative to Clean Mexican Beaches

MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX´s subsidiary Pro Ambiente participated in the cleanup of La Ventanilla Beach, as part of "United for the Mexican Beaches" initiative.

1 year ago - Business Wire

CEMEX Continues to Lead in Climate Action With Its New Green Financing Framework

MONTERREY, Mexico--(BUSINESS WIRE)-- #cemex--CEMEX launches its Green Financing Framework, the first in its sector, further expanding its commitment to sustainable finance.

1 year ago - Business Wire

Cemex and Partners Inaugurate the Carbon Neutral Alliance at Rüdersdorf Cement Plant

MONTERREY, Mexico--(BUSINESS WIRE)-- #Brandenburg--CEMEX, S.A.B. de C.V. (“CEMEX”) and its partners announced today the inauguration of the Carbon Neutral Alliance, which aims to accelerate the develo...

1 year ago - Business Wire

Mexico's Cemex to fully operate UK cement plant on alternative fuel

MEXICO CITY (Reuters) -Mexico's Cemex, one of the largest concrete producers globally, said Monday it would fully operate a cement plant in the United Kingdom on a type of alternative fuel, as the com...

1 year ago - Reuters

CEMEX to Operate Fully on Alternative Fuels at UK Cement Plant

MONTERREY, Mexico--(BUSINESS WIRE)-- #alternativefuel--New Climafuel facility will eliminate fossil fuel usage at the CEMEX Rugby cement plant and allow to operate on 100% alternative fuels.

1 year ago - Business Wire

Vertua Low-Carbon to Account for Majority of Cement and Concrete Sales By 2025

MONTERREY, Mexico--(BUSINESS WIRE)---- $CEMEX #CEMEX--CEMEX is setting the goal for its Vertua low-carbon cement and concrete products of reaching more than half of all cement and concrete sales by 20...

1 year ago - Business Wire

CEMEX Successfully Turns CO2 Into Carbon Nanomaterials

MONTERREY, Mexico--(BUSINESS WIRE)---- $CEMEX #CEMEX--CEMEX has successfully converted CO2 into carbon nanomaterials in a laboratory setting.

1 year ago - Business Wire