Cemex S.A.B. De C.V. Sponsored (NYSE:CX) shares traded -0.57% down during most recent session to reach at the closing price of $5.27. The stock exchanged hands 12.06 Million shares versus average trading capacity of 10.33 Million shares, yielding a market cap of $7.78 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.74 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cemex S.A.B. De C.V. Sponsored (NYSE:CX) high price target of $14.7 and with a conservative view have low price target of $6.
Barclays “Maintained” Cemex S.A.B. De C.V. Sponsored (NYSE:CX) in a research note issued to investors on 10/26/18 to Overweight with price target of $8.
Additionally on 8/16/18 HSBC “Downgrades” Cemex S.A.B. De C.V. Sponsored (NYSE:CX) to Hold setting price target at $0 and on 4/27/18 Longbow Research “Downgrades” the stock to Neutral. Furthermore on 4/09/18 Bank of America “Upgrades” the stock to Buy at $8.5.
On the other hand the company has Relative Strength Index (RSI 14) of 63.07 along with Average True Range (ATR 14) of 0.18, Consequently Cemex S.A.B. De C.V. Sponsored (NYSE:CX)’s weekly and monthly volatility is 3.10%, 3.47% respectively. The company’s beta value is at 1.58.
In terms of Buy, Sell or Hold recommendations, Cemex S.A.B. De C.V. Sponsored (NYSE:CX) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Cemex S.A.B. De C.V. Sponsored (NYSE:CX)’s minimum EPS for the current quarter is at $0.09 and can go high up to $0.13. The consensus mean EPS for the current quarter is at $0.11 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.1 earnings per share for the same quarter during last year.
Previously Cemex S.A.B. De C.V. Sponsored (NYSE:CX) reported $0.1 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $-0.06. The company posted an earnings surprise of -37.5%.
Cemex S.A.B. De C.V. Sponsored (NYSE:CX)’s revenue estimates for the current quarter are $3.54 Billion according to 3 number of analysts, for the current quarter the company has high revenue estimates of $3.55 Billion in contradiction of low revenue estimates of $3.53 Billion. For the current year the company’s revenue estimates are $14.44 Billion compared to low analyst estimates of $13.4 Billion and high estimates of $15.2 Billion according to 14 number of analysts.
Currently Cemex S.A.B. De C.V. Sponsored (NYSE:CX)’s shares owned by insiders are 60%, whereas shares owned by institutional owners are 35.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.08%.
Cemex S.A.B. De C.V. Sponsored (NYSE:CX)’s trailing twelve month revenues are $13.91 Billion, whereas its price to sales ratio for the same period is 0.56. Its book value per share for the most recent quarter is $6.19 while its price to book ratio for the same period is 0.85, as for as the company’s cash per share for the most recent quarter is $0.33, however its price to cash per share ratio for the same period is 15.82. The stock has 5 year expected PEG ratio of 1.24 whereas its trailing twelve month P/E ratio is 17.45.