CEMEX (CX) Scheduled to Post Quarterly Earnings on Thursday

CEMEX (NYSE:CX) will be announcing its earnings results before the market opens on Thursday, April 25th. Individual that wish to register for the company’s earnings conference call can do so using this link.

CEMEX (NYSE:CX) last posted its quarterly earnings data on Thursday, February 8th. The construction company reported ($0.30) earnings per share for the quarter. The firm had revenue of $4.24 billion during the quarter. CEMEX had a return on equity of 1.50% and a net margin of 1.06%. On average, analysts expect CEMEX to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CEMEX Stock Up 1.2 %

Shares of NYSE CX opened at $8.28 on Wednesday. The company has a market cap of $12.00 billion, a P/E ratio of 69.00, a PEG ratio of 0.15 and a beta of 1.47. The firm has a 50-day simple moving average of $8.28 and a two-hundred day simple moving average of $7.59. CEMEX has a 1 year low of $5.67 and a 1 year high of $9.27. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.74 and a quick ratio of 0.47.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on CX shares. Bank of America raised CEMEX from a “neutral” rating to a “buy” rating and raised their price target for the stock from $8.20 to $9.00 in a research note on Tuesday, January 9th. StockNews.com lowered shares of CEMEX from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 9th. Finally, Barclays lowered shares of CEMEX from an “overweight” rating to an “equal weight” rating and set a $9.00 price objective for the company. in a report on Friday, February 9th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $9.37.

About CEMEX

CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products.