Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cemex SAB de CV (CX) Stock Price
Media headlines about Cemex SAB de CV (NYSE:CX) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cemex SAB de CV earned a news impact score of 0.19 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 45.1708819588637 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- ETFs with exposure to CEMEX SAB de CV : December 29, 2017 (finance.yahoo.com)
- Stock Price Analysis of CEMEX, SAB de CV (CX) (nismagazine.com)
- CEMEX, SAB de CV (CX) Needs Attention to Minimize Risk Factors – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Spot trends and buy/sell signals: First Data Corporation (FDC), CEMEX, SAB de CV (CX) – Market Movers (financialqz.com)
- Technical Indicators under Review – CEMEX SAB de CV (NYSE: CX) – Alpha Beta Stock (alphabetastock.com)
Shares of Cemex SAB de CV (CX) traded up $0.01 on Monday, hitting $7.50. 7,322,800 shares of the company’s stock traded hands, compared to its average volume of 9,719,671. Cemex SAB de CV has a one year low of $7.09 and a one year high of $10.37. The firm has a market capitalization of $10,900.00, a PE ratio of 13.64, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.54 and a current ratio of 0.74.
Cemex SAB de CV (NYSE:CX) last announced its earnings results on Thursday, October 26th. The construction company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Cemex SAB de CV had a return on equity of 8.71% and a net margin of 8.38%. sell-side analysts forecast that Cemex SAB de CV will post 0.52 EPS for the current year.
Several brokerages have recently issued reports on CX. ValuEngine cut shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a research note on Sunday. Zacks Investment Research cut shares of Cemex SAB de CV from a “hold” rating to a “sell” rating in a research note on Tuesday, December 19th. Citigroup raised shares of Cemex SAB de CV from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Tuesday, December 19th. Santander cut shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Cemex SAB de CV from $11.20 to $10.60 and set an “overweight” rating on the stock in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $10.87.
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About Cemex SAB de CV
CEMEX, SAB. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world.
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