Media coverage about Cemex (NYSE:CX) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cemex earned a news impact score of 0.10 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 44.3990081135666 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Global Impervious Concrete Market Outlook 2018-2022: Cimpor, Cemex, Holcim, Lafarge, CRH (anglophonetribune.com)
- Analysts Weigh in on Cemex SAB De CV Sponsored (CX) (emnnews.com)
- CEMEX USA holds California Building Materials Forum (worldcement.com)
- CEMEX invests in workplace safety biz (pitchbook.com)
- Cemex invests in health & safety app (cemnet.com)
A number of brokerages have recently issued reports on CX. Zacks Investment Research upgraded shares of Cemex from a “sell” rating to a “hold” rating in a research note on Thursday, February 1st. UBS lowered shares of Cemex from a “buy” rating to a “sell” rating and dropped their price target for the stock from $7.62 to $6.50 in a research note on Thursday, February 15th. JPMorgan Chase reiterated an “overweight” rating and set a $10.00 price target (down from $10.60) on shares of Cemex in a research note on Wednesday, March 14th. Barclays dropped their price target on shares of Cemex from $11.00 to $10.00 and set an “overweight” rating on the stock in a research note on Friday, March 16th. Finally, ValuEngine lowered shares of Cemex from a “buy” rating to a “hold” rating in a research note on Thursday, March 1st. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $9.34.
Shares of Cemex stock traded up $0.03 on Friday, reaching $5.87. 14,221,200 shares of the stock were exchanged, compared to its average volume of 10,018,093. Cemex has a 1-year low of $5.71 and a 1-year high of $10.37. The company has a quick ratio of 0.52, a current ratio of 0.73 and a debt-to-equity ratio of 0.90. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 0.59 and a beta of 1.39.
Cemex (NYSE:CX) last issued its earnings results on Thursday, April 26th. The construction company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). Cemex had a return on equity of 4.33% and a net margin of 3.58%. The company had revenue of $3.38 billion for the quarter. equities research analysts anticipate that Cemex will post 0.6 EPS for the current year.
CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs.
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