Cemex SAB de CV (CX) Earning Somewhat Favorable Media Coverage, Analysis Shows

Marco Green
February 24, 2018

Cemex SAB de CV (NYSE:CX) was downgraded by UBS Group from a "buy" rating to a "sell" rating in a report released on Thursday, February 15th, 247wallst.com reports. Investec Asset Management LTD raised its holdings in shares of Cemex SAB de CV by 74.2% in the 3rd quarter. The stock increased 1.80% or $0.27 during the last trading session, reaching $15.24. About 270,728 shares traded. Time Warner Inc. (NYSE:TWX) has risen 36.37% since February 23, 2017 and is uptrending. It has outperformed by 19.67% the S&P500.

The stock of CEMEX, S.A.B.de C.V. (NYSE:CX) is a huge mover today! Stock value has moved between $7.11 - 10.35 in last one year. About 1.63M shares traded. The stock has "Sector Perform" rating by Scotia Capital on Wednesday, April 6.

Credit Suisse upgraded CEMEX, S.A.B.de C.V. (NYSE:CX) on Friday, March 18 to "Outperform" rating. The stock has a market cap of $10,908.20, a P/E ratio of 17.19, a P/E/G ratio of 0.92 and a beta of 1.32. The firm 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.

TechnipFMC plc provides oilfield services. Cemex S.A.B. De C.V. Sponsored (NYSE:CX) has trailing twelve month Return on Assets of 3.9%, which is key indicator of how profitable a company is relative to its total assets.

CEMEX, S.A.B.de C.V. was covered by a number of analysts recently, 2 rated the stock as Buy, 4 rated Hold, 1 rated sell and 0 gave an Underperform. Therefore 45% are positive.

CEMEX, S.A.B.de C.V. (CX) performance during the last one year degraded -14.98 percent, while its year to date (YTD) performance showed a negative trend of -3.87 percent. The company was downgraded on Friday, October 23 by Barclays Capital.

CX has been the topic of several other reports. The firm earned "Sell" rating on Monday, July 17 by Citigroup.

Old National Bancorp increased Cemex Sab De Cv (CX) stake by 197.45% reported in 2017Q3 SEC filing. Cemex SAB de CV has a consensus rating of "Hold" and an average price target of $10.37. Zacks Investment Research upgraded shares of Cemex SAB de CV from a "sell" rating to a "hold" rating in a report on Thursday, February 1st. The rating was maintained by Piper Jaffray with "Hold" on Friday, August 25. The stock has "Buy" rating by BB&T Capital on Monday, March 21. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. They expect $1.76 EPS, up 6.02% or $0.10 from last year's $1.66 per share. Whereas the traders who further want to see about this, may be interested to see Price to next year's EPS that would be 22.18%. Investors might also notice that three month ago the Buy recommendations (2) outnumbered Sell recommendations (0). Another trade for 4,019 shares valued at $376,219 was sold by WRIGHT DEBORAH C. Shares for $2.11M were sold by OLAFSSON OLAF. Royal Bank & Trust Of Canada invested in 101 shares or 0% of the stock.

Investors sentiment increased to 3.5 in Q3 2017. It worsened, as 66 investors sold TWX shares while 374 reduced holdings. 69 funds opened positions while 264 raised stakes. 586.69 million shares or 2.23% less from 600.08 million shares in 2017Q2 were reported. Ing Groep Nv reported 134,450 shares. The Harvest Capital Strategies Llc holds 48,000 shares with $6.03M value, up from 30,000 last quarter. Pacific Alternative Asset Management Ltd Liability Corp invested in 9.36% or 834,325 shares. The SI to Pathfinder Bancorp Inc's float is 0.02%. (NYSE:TWX). Heritage Invsts Management invested 0.28% of its portfolio in Time Warner Inc.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. Central Commercial Bank Tru holds 311 shares. Marsico Capital Limited stated it has 66,035 shares. Blackrock Inc stated it has 0% in Pathfinder Bancorp, Inc.

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