CEMEX: Volume Recovery And Strong Pricing To Drive Growth In 2024 [Seeking Alpha]
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
US:NYSE Investor Relations:
cemex.com/investors/overview
Company Research
Source: Seeking Alpha
The company's margin profile has improved significantly, supported by the strong performance of its Urbanization Solutions business and pricing strategies. Cemex's stock is trading at an attractive price point, offering a significant discount compared to its historical average and the sector median. Thesis CEMEX, S.A.B. de C.V. ( NYSE: CX ) is experiencing strong volume recovery primarily in its Mexican business. The company implemented a further price increase in January, which should drive the company's top line in the coming quarters, despite a weak demand environment in the EMEA region due to a slowdown in construction activity. The company's long-term scenario is also good due to some favorable trends in the market where Cemex operates. The company's margin profile has improved significantly as it reached the 2021 levels . I believe the company's margin should benefit from a strong Urbanization solutions business, which has so far delivered extremely good margins that he
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
- Fitch Ratings Upgrades Cemex to Investment GradeBusiness Wire
- CEMEX, S.A.B. de C.V. (NYSE:CX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CEMEX: Still A Good Buy As Volume Recovery Continues [Seeking Alpha]Seeking Alpha
- CEMEX, S.A.B. de C.V. (NYSE: CX) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- 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
CX
Sec Filings
- 5/1/24 - Form 144
- 4/30/24 - Form 6-K
- 4/29/24 - Form 20-F
- CX's page on the SEC website