Cemex S.A.B. De C.V. ADR (CX) stock: 12-month forecast projects 41.12% potential return%

A share price of Cemex S.A.B. De C.V. ADR [CX] is currently trading at $6.08, up 3.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CX shares have gain 2.88% over the last week, with a monthly amount glided 7.23%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Cemex S.A.B. De C.V. ADR [NYSE: CX] stock has seen the most recent analyst activity on October 08, 2024, when RBC Capital Mkts upgraded its rating to a Sector Perform and also revised its price target to $6.50 from $9. On July 31, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $9 on the stock. RBC Capital Mkts initiated its recommendation with a Underperform and recommended $9 as its price target on May 14, 2024. BofA Securities downgraded its rating to Neutral for this stock on April 24, 2024, but kept the price target unchanged to $9. In a note dated February 09, 2024, Barclays downgraded an Equal Weight rating on this stock but restated the target price of $9.

Cemex S.A.B. De C.V. ADR experienced fluctuations in its stock price throughout the past year between $5.50 and $9.27. Currently, Wall Street analysts expect the stock to reach $8.58 within the next 12 months. Cemex S.A.B. De C.V. ADR [NYSE: CX] shares were valued at $6.08 at the most recent close of the market. An investor can expect a potential return of 41.12% based on the average CX price forecast.

Analyzing the CX fundamentals

Trailing Twelve Months sales for Cemex S.A.B. De C.V. ADR [NYSE:CX] were 17.45B which represents -1.57% decline. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.07%, 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 0.01 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 0.56.

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 5.88 points at the first support level, and at 5.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.19, and for the 2nd resistance point, it is at 6.30.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cemex S.A.B. De C.V. ADR [NYSE:CX] is 0.90. In addition, the Quick Ratio stands at 0.65 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 0.75 and price to earnings (TTM) ratio is 52.23.

Transactions by insiders

Recent insider trading involved Saldana Madero Roger, Senior Vice President – Legal, that happened on Aug 16 ’24 when 45385.0 shares were purchased. Vice President of Strategic Pl, VICENTE SAISO ALVA completed a deal on Aug 07 ’24 to buy 9648.0 shares.

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