Cementos Pacasmayo S.A.A. (NYSE:CPAC) Releases Quarterly Earnings Results, Beats Estimates By $0.26 EPS

Cementos Pacasmayo S.A.A. (NYSE:CPAC) announced its quarterly earnings data on Monday. The construction company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.26, FiscalAI reports. The company had revenue of $193.78 million during the quarter, compared to analysts’ expectations of $182.39 million. Cementos Pacasmayo S.A.A. had a return on equity of 16.49% and a net margin of 9.42%.

Cementos Pacasmayo S.A.A. Stock Up 0.4%

CPAC traded up $0.06 during trading on Monday, reaching $12.79. 35,763 shares of the stock were exchanged, compared to its average volume of 23,161. The stock has a market cap of $1.08 billion, a P/E ratio of 17.68 and a beta of 0.76. Cementos Pacasmayo S.A.A. has a twelve month low of $6.25 and a twelve month high of $12.87. The stock’s 50 day moving average price is $12.34 and its two-hundred day moving average price is $11.29. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.50 and a current ratio of 1.22.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CPAC shares. Weiss Ratings upgraded Cementos Pacasmayo S.A.A. from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, October 21st. Scotiabank increased their price target on Cementos Pacasmayo S.A.A. from $12.80 to $13.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. Finally, Wall Street Zen upgraded Cementos Pacasmayo S.A.A. to a “buy” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.00.

Cementos Pacasmayo S.A.A. Company Profile

Cementos Pacasmayo SAA. is a Peru-based building materials company focused on the production, distribution and sale of cement and related construction products. Its portfolio includes cement, ready-mix concrete, concrete products, aggregates, mortar and other materials used in residential, commercial and infrastructure projects.

Founded in 1949, the company has developed an integrated production and distribution network serving northern and northeastern Peru. Its operations include cement manufacturing facilities in Pacasmayo and Rioja, as well as a cement plant in Piura, supporting distribution across the region through commercial, industrial and retail channels.

Cementos Pacasmayo is listed on the Lima Stock Exchange and its American depositary shares trade on the New York Stock Exchange under the symbol CPAC.