Headlines about Cemex SAB de CV (NYSE:CX) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cemex SAB de CV earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 44.2425860068862 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- CEMEX, SAB de CV (CX) stock price is trading down from the 20 SMA with difference of -2.77% – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
- Technical Levels – CEMEX, SAB de CV (CX) stock price comparison to its 50 SMA – The Stocks News (press release) (thestocksnews.com)
- CEMEX, SAB de CV (CX) Retreating Position on Changes in Moving Average Line – android media cell (androidmediacell.com)
- Robbins Arroyo LLP: Cemex, SAB de CV (CX) Misled Shareholders According to a Recently Filed Class Action – Business Wire (press release) (businesswire.com)
- Robbins Arroyo LLP: Cemex, S.A.B. de C.V. (CX) Misled Shareholders According to a Recently Filed Class Action (finance.yahoo.com)
Several analysts have recently issued reports on CX shares. UBS lowered shares of Cemex SAB de CV from a “buy” rating to a “sell” rating and dropped their target price for the company from $7.62 to $6.50 in a research report on Thursday, February 15th. Zacks Investment Research upgraded shares of Cemex SAB de CV from a “sell” rating to a “hold” rating in a research report on Thursday, February 1st. Citigroup upgraded shares of Cemex SAB de CV from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Tuesday, December 19th. Santander lowered shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, ValuEngine lowered shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.49.
Cemex SAB de CV (CX) traded up $0.30 on Friday, reaching $6.94. 32,083,868 shares of the company were exchanged, compared to its average volume of 11,330,358. The firm has a market capitalization of $9,944.42, a price-to-earnings ratio of 12.60, a PEG ratio of 0.64 and a beta of 1.48. Cemex SAB de CV has a 52-week low of $6.45 and a 52-week high of $10.37. The company has a quick ratio of 0.47, a current ratio of 0.64 and a debt-to-equity ratio of 0.84.
Cemex SAB de CV (NYSE:CX) last posted its quarterly earnings results on Thursday, February 8th. The construction company reported ($0.07) earnings per share for the quarter. The business had revenue of $3.42 billion for the quarter. Cemex SAB de CV had a return on equity of 5.85% and a net margin of 5.91%. equities analysts anticipate that Cemex SAB de CV will post 0.62 EPS for the current year.
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Cemex SAB de CV Company Profile
CEMEX, SAB. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world.
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