Cemex S.A.B. De C.V. ADR (NYSE: CX) Recovers 7.27% From 52-Week Low, Is CX Still A High-Risk, High-Reward Play?

Cemex S.A.B. De C.V. ADR (NYSE:CX) currently has a daily average trading volume of 11.47M but it saw 7947546 shares traded in last market. With a market cap of 8.92B USD, the company’s current market price of $5.90 came rising about 1.03 while comparing to the previous closing price of $5.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.27 and as low as $5.50. In the recent trading on the day, stock has struck highest price mark of $5.825 while lowest mark touched by it was $5.91.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which upgraded the stock as “Sector Perform” in its note to investors issued on October 08, 2024, recommending a price target of between $9 and $6.50 for it. Barclays also issued its recommendations for the stock as it upgraded the price target for the stock is $9.

Over the week, CX’s stock price is moving -0.51% down while it is -8.81% when we observe its performance for the past one month. Year-to-date it is -23.87% down and over the past year, the stock is showing a downside performance of -0.67%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.09 beaten by the consensus estimate of 0.23 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.18 while estimate for next year EPS is 0.73. In next quarter, company is expected to be making quarterly sales of $4.2B as analysts are expecting the sales for current fiscal year at $17.2B and seeing the company making $17.59B in sales next year. Moreover, analysts are in estimates of $4.31B for current-quarter revenue.

Currently, Cemex S.A.B. De C.V. ADR’s total number of outstanding shares is 1.51B. Company’s return on investment (ROI) stands at 0.89% and return on equity (ROE) at 1.58%. It has a price to earnings ratio (P/E ratio) of 50.69 while having a 7.68 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 0.73 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is 0.68% on average.