Cemex Sab De Stock Today

CX Stock  USD 8.85  0.05  0.57%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 28

 
100  
 
Zero
Below Average
Cemex SAB is trading at 8.85 as of the 28th of March 2024; that is 0.57% increase since the beginning of the trading day. The stock's open price was 8.8. Cemex SAB has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Cemex SAB De are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
15th of September 1999
Category
Basic Materials
CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials worldwide. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza Garca, Mexico. The company has 1.45 B outstanding shares of which 4.71 M shares are currently sold short in the market by investors with about 0.72 days to cover all shorted shares. More on Cemex SAB De

Moving against Cemex Stock

  0.58X United States Steel Financial Report 25th of April 2024 PairCorr
  0.56RETO ReTo Eco-Solutions Report 6th of May 2024 PairCorr

Cemex Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cemex SAB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cemex SAB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOFernando Olivieri
Thematic IdeaConstruction Materials (View all Themes)
Old NameClarmin Explorations Inc
Business ConcentrationConstruction Materials, Building Materials, Basic Materials, NYSE Composite, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Cemex SAB report their recommendations after researching Cemex SAB's financial statements, talking to executives and customers, or listening in on Cemex SAB's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cemex SAB De. The Cemex consensus assessment is calculated by taking the average forecast from all of the analysts covering Cemex SAB.
Financial Strength
Based on the measurements of operating efficiency obtained from Cemex SAB's historical financial statements, Cemex SAB De is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Cemex SAB De is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.6125
Way Down
Slightly volatile
Gross Profit Margin0.410.3241
Significantly Up
Pretty Stable
Net Debt11.3 B6.9 B
Way Up
Slightly volatile
Total Current Liabilities4.9 B6.8 B
Way Down
Slightly volatile
Non Current Liabilities Total14 B9.5 B
Way Up
Slightly volatile
Total Assets30.6 B28.4 B
Significantly Up
Pretty Stable
Total Current Assets4.1 BB
Significantly Down
Pretty Stable
Total Cash From Operating Activities1.4 B2.2 B
Way Down
Slightly volatile
Cemex SAB's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cemex SAB's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Cemex SAB's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Cemex SAB's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cemex SAB's financial leverage. It provides some insight into what part of Cemex SAB's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cemex SAB's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cemex SAB deploys its capital and how much of that capital is borrowed.
Liquidity
Cemex SAB cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 7.49 B of total liabilities with total debt to equity ratio (D/E) of 0.83, which is normal for its line of buisiness. Cemex SAB De has a current ratio of 0.86, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cemex SAB until it has trouble settling it off, either with new capital or with free cash flow. So, Cemex SAB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cemex SAB De sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cemex to invest in growth at high rates of return. When we think about Cemex SAB's use of debt, we should always consider it together with cash and equity.

Net Income

173.05 Million
Cemex SAB De (CX) is traded on New York Stock Exchange in USA. It is located in Avenida Ricardo Margáin Zozaya #325, San Pedro Garza García, NL, Mexico, 66265 and employs 46,063 people. Cemex SAB is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 12.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cemex SAB's market, we take the total number of its shares issued and multiply it by Cemex SAB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cemex SAB De is active under Construction Materials sector as part of Materials industry. The entity has 1.45 B outstanding shares of which 4.71 M shares are currently sold short in the market by investors with about 0.72 days to cover all shorted shares. Cemex SAB De reports about 494.92 M in cash with 2.21 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Check Cemex SAB Probability Of Bankruptcy
Ownership Allocation
Cemex SAB De retains a total of 1.45 Billion outstanding shares. 30% of Cemex SAB De outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cemex Ownership Details

Cemex Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Cemex SAB jumping above the current price in 90 days from now is about 1.26%. The Cemex SAB De probability density function shows the probability of Cemex SAB stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.2127 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cemex SAB will likely underperform. Additionally, cemex SAB De has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 8.85HorizonTargetOdds Above 8.85
98.71%90 days
 8.85 
1.26%
Based on a normal probability distribution, the odds of Cemex SAB to move above the current price in 90 days from now is about 1.26 (This Cemex SAB De probability density function shows the probability of Cemex Stock to fall within a particular range of prices over 90 days) .

Cemex Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cemex SAB that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cemex SAB's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cemex SAB's value.
InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2023-12-31
10.5 M
Schroder Investment Management Group2023-12-31
9.8 M
Robeco Institutional Asset Management Bv2023-12-31
9.7 M
American Century Companies Inc2023-12-31
9.7 M
Man Group Plc2023-12-31
8.8 M
Rwc Asset Advisors (us) Llc2023-12-31
8.5 M
Allspring Global Investments Holdings, Llc2023-12-31
7.5 M
Millennium Management Llc2023-12-31
M
Bank Of America Corp2023-12-31
6.8 M
Baillie Gifford & Co Limited.2023-12-31
48.1 M
Capital Research & Mgmt Co - Division 32023-12-31
28 M
View Cemex SAB Diagnostics

Cemex SAB Historical Income Statement

Cemex SAB De Income Statement is one of the three primary financial statements used for reporting Cemex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cemex SAB De revenue and expense. Cemex SAB Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cemex SAB's Selling General Administrative is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1 B in 2024. View More Fundamentals

Cemex Stock Against Markets

Picking the right benchmark for Cemex SAB stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cemex SAB stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cemex SAB is critical whether you are bullish or bearish towards Cemex SAB De at a given time. Please also check how Cemex SAB's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cemex SAB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Odds Of Bankruptcy

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Cemex SAB Corporate Directors

Cemex SAB corporate directors refer to members of a Cemex SAB board of directors. The board of directors generally takes responsibility for the Cemex SAB's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cemex SAB's board members must vote for the resolution. The Cemex SAB board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rafael SostmannIndependent DirectorProfile
Rodolfo MurielIndependent DirectorProfile
Marcelo LozanoNon-Independent DirectorProfile
Tomas SantosNon-Independent DirectorProfile

How to buy Cemex Stock?

Before investing in Cemex SAB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cemex SAB. To buy Cemex SAB stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cemex SAB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cemex SAB stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cemex SAB De stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cemex SAB De stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cemex SAB De, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cemex Stock please use our How to Invest in Cemex SAB guide.

Already Invested in Cemex SAB De?

The danger of trading Cemex SAB De is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cemex SAB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cemex SAB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cemex SAB De is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cemex SAB De offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cemex SAB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cemex Sab De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cemex Sab De Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemex SAB De. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Cemex Stock analysis

When running Cemex SAB's price analysis, check to measure Cemex SAB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemex SAB is operating at the current time. Most of Cemex SAB's value examination focuses on studying past and present price action to predict the probability of Cemex SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemex SAB's price. Additionally, you may evaluate how the addition of Cemex SAB to your portfolios can decrease your overall portfolio volatility.
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Is Cemex SAB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemex SAB. If investors know Cemex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemex SAB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
0.36
Revenue Per Share
11.99
Quarterly Revenue Growth
0.09
Return On Assets
0.0492
The market value of Cemex SAB De is measured differently than its book value, which is the value of Cemex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemex SAB's value that differs from its market value or its book value, called intrinsic value, which is Cemex SAB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemex SAB's market value can be influenced by many factors that don't directly affect Cemex SAB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemex SAB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemex SAB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemex SAB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.