Cemex S.A.B. De C.V. ADR (CX) stock hits $6.08: Is it a good time to buy or wait for a dip?

A share price of Cemex S.A.B. De C.V. ADR [CX] is currently trading at $6.08, up 0.83%. 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 4.11% over the last week, with a monthly amount glided 6.85%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Cemex S.A.B. De C.V. ADR [NYSE: CX] stock has seen the most recent analyst activity on December 11, 2024, when RBC Capital Mkts downgraded its rating to a Underperform and also revised its price target to $5 from $6. Previously, JP Morgan downgraded its rating to Neutral on October 29, 2024, and dropped its price target to $6. On October 08, 2024, upgrade upgraded it’s rating to Sector Perform and revised its price target to $6.50 on the stock. Barclays upgraded its rating to a Overweight but $9 remained the price target by the analyst firm on July 31, 2024. In a note dated May 14, 2024, RBC Capital Mkts initiated an Underperform rating and provided a target price of $9 on this stock.

Cemex S.A.B. De C.V. ADR experienced fluctuations in its stock price throughout the past year between $5.00 and $9.27. Currently, Wall Street analysts expect the stock to reach $7.45 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 22.53% 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 16.96B which represents -10.52% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.57 and Total Capital is 0.57. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.

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 6.00 points at the first support level, and at 5.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.17, and for the 2nd resistance point, it is at 6.25.

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 0.98. In addition, the Quick Ratio stands at 0.73 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 0.73 and price to earnings (TTM) ratio is 19.84.

Transactions by insiders

Recent insider trading involved JAIME MUGUIRO DOMINGUEZ, Officer, that happened on Nov 01 ’24 when 14990.0 shares were purchased. Senior Vice President – Legal, Saldana Madero Roger completed a deal on Aug 16 ’24 to buy 45385.0 shares. Meanwhile, Vice President of Strategic Pl VICENTE SAISO ALVA bought 9648.0 shares on Aug 07 ’24.

Related Posts