Cemex
About: Cemex SAB de CV is a ready-mix concrete company that mainly engaged in activities that are oriented to the construction industry, mainly through the production, marketing, sale, and distribution of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services.
Employees: 45,647
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
84% more call options, than puts
Call options by funds: $7.18M | Put options by funds: $3.89M
27% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 83
4% more capital invested
Capital invested by funds: $2.59B [Q2] → $2.7B (+$110M) [Q3]
0.25% more ownership
Funds ownership: 2.68% [Q2] → 2.93% (+0.25%) [Q3]
3% less funds holding
Funds holding: 285 [Q2] → 276 (-9) [Q3]
19% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 48
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
12%
downside
Avg. target
$6.80
20%
upside
High target
$8.20
45%
upside
4 analyst ratings
2 positive
50%
1 neutral
25%
1 negative
25%
RBC Capital Anthony Codling 100% 1-year accuracy 3 / 3 met price target | 12%downside $5 | Underperform Downgraded | 11 Dec 2024 |
Scotiabank Francisco Suarez 100% 1-year accuracy 3 / 3 met price target | 45%upside $8.20 | Sector Outperform Maintained | 1 Nov 2024 |
Barclays Benjamin Theurer 32% 1-year accuracy 10 / 31 met price target | 42%upside $8 | Overweight Maintained | 29 Oct 2024 |
JP Morgan Adrian Huerta 0% 1-year accuracy 0 / 4 met price target | 6%upside $6 | Neutral Downgraded | 29 Oct 2024 |
Financial journalist opinion
Negative
Invezz
1 week ago
These 2 emerging markets stocks could return 50% each in 2025
HSBC says emerging markets could prove to be relatively “less vulnerable” as President-elect Donald Trump proceeds with raising tariffs on foreign goods in 2025. EMs typically have better growth dynamics than the developed markets which justifies a “small overweight” in their stocks.
Neutral
Business Wire
1 month ago
Cemex Recognized at COP29 for Solar Clinker Breakthrough
MONTERREY, Mexico--(BUSINESS WIRE)---- $Cemex #Cemex--Cemex received the Net-Zero Industries Award for its Solar Clinker project, launched two years ago in partnership with Synhelion.
Negative
Benzinga
1 month ago
Cemex Analysts Slash Their Forecasts After Q3 Results
CEMEX, S.A.B. de C.V. CX reported worse-than-expected third-quarter financial results on Monday.
Negative
Seeking Alpha
1 month ago
After Q3 Results, CEMEX Approaches Cyclical Bottoms, But Is Only Fairly Valued
CEMEX, S.A.B. de C.V. posted Q3 results with a 9% stock drop, citing non-recurring volume decreases due to challenging climate conditions but maintained EBITDA margins through pricing. Cemex operates globally with 90 million tons capacity, focusing on North America and the EU, and is divesting non-core assets to consolidate operations. The company has manageable but high leverage, with debt costs exceeding asset returns, and relies on government-driven infrastructure spending for future growth.
Neutral
Seeking Alpha
1 month ago
CEMEX, S.A.B. de C.V. (CX) Q3 2024 Earnings Call Transcript
CEMEX, S.A.B. de C.V. (NYSE:CX ) Q3 2024 Results Conference Call October 28, 2024 11:00 AM ET Company Participants Lucy Rodriguez - EVP of IR, Corporate Communications and Public Affairs Fernando Gonzalez - Chief Executive Officer Maher Al-Haffar - Chief Financial Officer Conference Call Participants Gordon Lee - BTG Pactual Anne Milne - Bank of America Adrian Huerta - JPMorgan Paul Roger - Exane BNP Paribas Adam Thalhimer - Thompson Davis Carlos Peyrelongue - Bank of America Jorel Guilloty - Goldman Sachs Operator Good morning.
Neutral
Business Wire
2 months ago
EU Backs Pioneering CO2 Capture Project at Cemex's Rüdersdorf Cement Plant
MONTERREY, Mexico--(BUSINESS WIRE)-- #cemex--A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex's Rüdersdorf Cement Plant in Germany. The project, Cemex's largest planned Carbon Capture Use and Storage (CCUS) project to date, aims to capture 1.3 million metric tons of CO2 per year from Rüdersdorf's cement production, ultimately.
Positive
Seeking Alpha
2 months ago
CEMEX: Patience Should Pay Off, As Multiple And Growth Prospects Remain Favorable
CEMEX's Mexican segment shows steady growth, offsetting weaknesses in Europe and the Middle East, leading to flat to slightly positive growth in 2024. Strong pricing and decelerating cost inflation are expected to support margins, with volume growth in the U.S. and Mexico driving top line growth. Despite recent stock decline due to FX headwinds, the stock is attractively priced with promising long-term prospects from onshoring and federal funding.
Positive
Seeking Alpha
2 months ago
A Little Rain Won't Slow Down The CEMEX Growth Engine
CEMEX faced weather-related headwinds in key US and Mexico markets, causing significant volume drops, especially in the ready-mix category with a 9% decline. Despite significant weather-related and macroeconomic headwinds, CEMEX maintained positive growth through strategic pricing, strong execution, and efficient cost management, showing resilience amid industry challenges. CEMEX's stock appears undervalued compared to peers, with lower price multiples despite steady performance, creating a strong buy opportunity.
Neutral
Business Wire
2 months ago
Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World
MONTERREY, Mexico--(BUSINESS WIRE)---- $Cemex #ChangetheWorld--Cemex announced today that it has been included in Fortune's 2024 Change the World list. The list, selected by Fortune reporters and editors from a list of about 250 companies, showcases businesses that are having a positive social impact through activities that are part of their core business strategy. Cemex is receiving this distinction for the fourth time. Fortune recognized Cemex's work with VeryNile in cleaning the Nile River and developing a more sustai.
Neutral
Zacks Investment Research
3 months ago
Cemex Divests Guatemala Business to Holcim Group, Stock Up
CX sells a grinding mill, three ready mix plants and five distribution centers located in Guatemala for approximately $200 million.
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