Cemex S.A.B. De C.V. ADR [CX] stock prices are up 0.58% to $6.88 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CX shares have gain 11.33% over the last week, with a monthly amount glided 6.67%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, RBC Capital Mkts started tracking the stock with Underperform rating on May 14, 2024, and set its price target to $9. On April 24, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $9 on the stock. Barclays downgraded its rating to a Equal Weight but stick to its price target of $9 on February 09, 2024. BofA Securities upgraded its rating to a Buy but $9 remained the price target by the analyst firm on January 09, 2024. In a note dated May 15, 2023, BofA Securities downgraded an Neutral rating on this stock and boosted its target price from $6.80 to $7.20.
The stock price of Cemex S.A.B. De C.V. ADR [CX] has been fluctuating between $5.67 and $9.27 over the past year. Currently, Wall Street analysts expect the stock to reach $8.42 within the next 12 months. Cemex S.A.B. De C.V. ADR [NYSE: CX] shares were valued at $6.88 at the most recent close of the market. An investor can expect a potential return of 22.38% based on the average CX price forecast.
Analyzing the CX fundamentals
The Cemex S.A.B. De C.V. ADR [NYSE:CX] reported sales of 17.52B for trailing twelve months, representing a surge of 2.52%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.82 points at the first support level, and at 6.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.96, and for the 2nd resistance point, it is at 7.04.
Ratios To Look Out For
It’s worth pointing out that Cemex S.A.B. De C.V. ADR [NYSE:CX]’s Current Ratio is 0.78. As well, the Quick Ratio is 0.51, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 47.78.
