Does Cemex S.A.B. De C.V. ADR (CX) offer a good opportunity for investors?

With 8.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.16 million shares. During the session, the Building Materials company that operates in wider Basic Materials sector, reached to the highest price of $6.155 whereas the lowest price it dropped to was $6.02. The 52-week range on CX shows that it touched its highest point at $9.27 and its lowest point at $5.50 during that stretch. It currently has a 1-year price target of $10.21. Beta for the stock currently stands at 1.48.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CX was up-trending over the past week, with a rise of 9.46%, but this was down by -8.23% over a month. Three-month performance dropped to -5.69% while six-month performance fell -26.23%. The stock lost -10.12% in the past year, while it has lost -20.90% so far this year. A look at the trailing 12-month EPS for CX yields 0.12 with Next year EPS estimates of 0.85. For the next quarter, that number is 0.26. This implies an EPS growth rate of 668.36% for this year and 10.41% for next year. EPS is expected to grow by 13.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.84%.

Float and Shares Shorts:

At present, 1.51 billion CX shares are outstanding with a float of 1.51 billion shares on hand for trading. On 2024-08-30, short shares totaled 11.36 million, which was 77.99999999999999 higher than short shares on 1722384000. In addition to Mr. Rogelio Zambrano Lozano as the firm’s Executive Chairman of the Board, Mr. Fernando Angel Gonzalez Olivieri serves as its CEO & Non-Independent Director.

Institutional Ownership:

Through their ownership of 0.29845 of CX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CX reported revenue of $4494175000.0 and operating income of $647067000.0. The EBITDA in the recently reported quarter was $729273000.0 and diluted EPS was $0.16002.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.