Somewhat Favorable News Coverage Somewhat Unlikely to Impact Cemex SAB de CV (CX) Share Price

Press coverage about Cemex SAB de CV (NYSE:CX) has trended somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 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 media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 44.7234215299406 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of analysts have recently issued reports on CX shares. Citigroup upgraded 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 report on Tuesday. Santander downgraded shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine downgraded shares of Cemex SAB de CV from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Cemex SAB de CV from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, Bank of America downgraded shares of Cemex SAB de CV from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $10.60 to $10.70 in a report on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Cemex SAB de CV presently has an average rating of “Buy” and a consensus price target of $10.87.

Cemex SAB de CV (CX) traded up $0.12 during trading hours on Wednesday, hitting $7.52. 9,167,918 shares of the company traded hands, compared to its average volume of 9,801,135. Cemex SAB de CV has a twelve month low of $7.09 and a twelve month high of $10.37. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $10,820.00, a PE ratio of 11.70, a PEG ratio of 1.14 and a beta of 1.31.

Cemex SAB de CV (NYSE:CX) last released its earnings results on Thursday, October 26th. The construction company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). Cemex SAB de CV had a net margin of 8.38% and a return on equity of 8.71%. research analysts predict that Cemex SAB de CV will post 0.52 EPS for the current year.

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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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