Taking on analysts’ expectations and winning: Cemex S.A.B. De C.V. ADR (CX)

With 6.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.56 million shares. The 52-week range on CX shows that it touched its highest point at $8.81 and its lowest point at $4.72 during that stretch. It currently has a 1-year price target of $10.85. Beta for the stock currently stands at 1.46.

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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 down-trending over the past week, with a drop of -4.62%, but this was down by -8.50% over a month. Three-month performance surged to 12.85% while six-month performance fell -8.72%. The stock gained 53.41% in the past year, while it has lost -1.42% so far this year. A look at the trailing 12-month EPS for CX yields 0.13 with Next year EPS estimates of 0.89. For the next quarter, that number is 0.15. This implies an EPS growth rate of 2675.04% for this year and 15.33% 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 -18.54%.

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 Feb 15, 2024, short shares totaled 4.71 million, which was 0.32% higher than short shares on Jan 12, 2024. 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 30.09% of CX’s outstanding shares, institutional investors have minority control over the company.

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. With CX analysts setting a high price target of $21.00 and a low target of $5.70, the average target price over the next 12 months is $10.85. Based on these targets, CX could surge 174.87% to reach the target high and fall by -25.39% to reach the target low. Reaching the average price target will result in a growth of 42.02% from current levels.