Standard & Poor's Upgrades Cemex to Investment Grade [Yahoo! Finance]
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
US:NYSE Investor Relations:
cemex.com/investors/overview
Company Research
Source: Yahoo! Finance
global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. "Achieving an investment-grade credit rating from S&P is a very important milestone for Cemex," said Fernando A. González, CEO of Cemex. "While we had record results last year, this rating is recognition of successful execution against our medium-term strategy and consistent financial performance over several years." In 2023, Cemex's EBITDA grew 25%, while Free Cash Flow after maintenance capex more than doubled. S&P also upgraded Cemex's national scale issue-level rating (Mexico) scale to mxAA+ from mxAA. About Cemex Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circula
Show less
Read more
Impact Snapshot
Event Time:
CX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CX alerts
High impacting Cemex, S.A.B. de C.V. Sponsored ADR news events
Weekly update
A roundup of the hottest topics
CX
News
- CEMEX, S.A.B. de C.V. (NYSE: CX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $9.00 to $10.00. They now have a "buy" rating on the stock.MarketBeat
- CEMEX, S.A.B. de C.V. (NYSE: CX) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $9.00 price target on the stock.MarketBeat
- Cement Tiles Market To Reach USD 40.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Global Fly Ash Market Size To Exceed USD 23.61 Billion By 2033 | CAGR of 6.33% [Yahoo! Finance]Yahoo! Finance
- Specialty Cement Market to Reach US$ 92.63 Billion by 2031, Rising at a CAGR of 7.05% | Report by CoherentMI [Yahoo! Finance]Yahoo! Finance
CX
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/15/24 - Form 6-K
- CX's page on the SEC website