CX - CEMEX, S.A.B. de C.V.

NYSE - NYSE Delayed Price. Currency in USD
3.7600
-0.1500 (-3.84%)
At close: 4:02PM EDT
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Previous Close3.9100
Open0.0000
Bid0.0000 x 29200
Ask0.0000 x 2900
Day's Range0.0000 - 0.0000
52 Week Range
Volume0
Avg. Volume6,119,182
Market Cap5.698B
Beta (3Y Monthly)1.36
PE Ratio (TTM)10.44
EPS (TTM)0.3600
Earnings DateN/A
Forward Dividend & Yield0.05 (1.28%)
Ex-Dividend Date2019-06-13
1y Target Est6.74
Trade prices are not sourced from all markets
  • Business Wire7 hours ago

    CEMEX Ventures Presents the 10 Most Promising Construction Startups Of 2019

    CEMEX Ventures’ Construction Startup Competition 2019 doubled the number of participating startups compared with the 2018 competition, closing the event with 10 winners. The jury, the 10 winners and audience created an unparalleled framework for construction technology, investment, and entrepreneurship in the city of Monterrey, Mexico. CEMEX Ventures celebrated its Pitch Day, an event at which the 10 winners of the Construction Startup Competition 2019 presented their solutions to a jury of experts in construction, innovation, and entrepreneurship.

  • Business Wire10 days ago

    Leaders Provide Insights to Optimize Construction Industry

    Work at the construction site is not only the main area for improving digitization, but also the place to study the productivity of tasks at an individual level. Modular construction is the next big step for the industry due to its significant opportunity for cost savings and its ability to redefine the way in which structures are built. CEMEX Ventures shares the conclusions drawn from a recent roundtable in Paris, France, with six industry leaders to improve digitization and productivity in the construction industry.

  • Is Cemex SAB de CV (CX) A Good Stock To Buy?
    Insider Monkey24 days ago

    Is Cemex SAB de CV (CX) A Good Stock To Buy?

    "The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]

  • Business Wirelast month

    BMV Recognizes CEMEX as Top Sustainability Performer for Fourth Consecutive Year

    CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that, for the fourth consecutive year, the Mexican Stock Exchange (Spanish:Bolsa Mexicana de Valores or BMV) recognized CEMEX as the company with the highest overall sustainability credentials from a total of 57 listed companies. As part of this annual assessment, CEMEX also outperformed the average score of its industry. For the eighth consecutive year, the Mexican Stock Exchange included CEMEX in its Sustainability Index, which comprises the top performers in the three pillars of sustainability: Corporate Governance, Social Responsibility, and Environmental Care.

  • 7 Stocks to Sell Impacted by the Mexican Tariffs
    InvestorPlace2 months ago

    7 Stocks to Sell Impacted by the Mexican Tariffs

    On the edge of a possible economic hurricane, President Donald Trump is taking the biggest political gamble of his life. In an apparently contentious decision, Trump threatened a 5% tariff on all imported goods from Mexico beginning June 10. Like most of the administration's policy, there's a method behind the madness. But the madness also means you should consider now which stocks to sell.To understand this latest round of economic conflicts requires understanding Trump, an admittedly difficult task. Throughout his campaign, though, the former real-estate mogul made clear he wanted a border wall to stem Central American immigration. Frustrated with opposition stonewalling, the president overruled several of his key advisors. The optics that the commander-in-chief has gone rogue gives bearish investors extra incentive to target Mexican stocks to sell.Like clockwork, Mexican stocks did indeed fall. Once the tariff threats filtered throughout Wall Street, the exchange-traded fund iShares MSCI Mexico Capped ETF (NYSEARCA:EWW) dropped nearly 4%. As an export-driven economy, Mexico heavily depends on positive relations with the U.S.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut contrary to initial gut reactions, it's not just Mexican stocks that present challenges to investors. First, our neighbor to the south is a key partner to the global economy, not just the U.S. Second, many of the cheap or reasonably priced goods we enjoy, we have thanks to Mexico.In other words, we're going to suffer here in the U.S. too.The wrinkle in all this is that Mexico, again, heavily depends on us. As a result, Mexican President Andres Manuel Lopez Obrador has hinted at making concessions on migration management. * 7 Bank Stocks to Leave in the Vault Still, this is a dynamic situation because Mexico cannot show weakness, especially after years of suffering Trump's insults. Therefore, hold tight and watch these stocks to sell: Stocks to Sell: Ford (F)Having watched The Apprentice several times, President Trump would undoubtedly want to see Mexican stocks tumble into the abyss. But I believe that if this new tariff threat translates into a prolonged trade war, American icons like Ford (NYSE:F) will ultimately suffer the steepest consequences.Here's the thing about American cars: they're terribly overpriced for what you get but at least they're unreliable. According to Consumer Reports, Ford is the most reliable American car. Compared to all brands, they're ranked 18 out of 29. No wonder why F stock has taken a hit.But now, Ford executives are shifting their attention from Tokyo to Trump. Due to longstanding economic pressures, Ford along with its competitors have shifted production to Mexico. It was really the only way to keep F stock afloat. But with potential new tariffs on the horizon, the automaker will face double trouble from China and Mexico, leaving it begging to be included in a list of stocks to sell.Because historically, countries don't win dual-front battles. I'm sure the same could be said about dual-front trade wars. General Motors (GM)Source: GMIn recent weeks, I've really bashed American car brands like Ford and General Motors (NYSE:GM). Although it might seem unpatriotic to do so, I beg to differ. With a bailout and high hopes, we anticipated better things. Now, GM stock deserves its coming pain.I believe the real treason here is for American companies to sell their people junk goods which disproportionately affects poor and disenfranchised communities. To better illustrate my point, I highly recommend watching the "greed…is good" speech from the movie Wall Street. It's the American taxpayers that deserve better.But to be fair, GM stock was already on life support as the first round of the U.S.-China trade war kicked off. General Motors depends greatly on China, which is the world's largest automotive market. And thanks to unique historical and cultural factors, Chinese consumers love American car brands like GM. Of course, that loyalty is now under direct fire. * 7 Stocks to Buy for Monster Growth Tensions with Mexico, then, serve as the executioner's bullet. According to The Wall Street Journal, GM sold 663,000 Mexico-built vehicles in the U.S. This accounts for roughly 22% of domestic sales. If tensions escalate, you must put GM on your list of stocks to sell. Nissan Motor (NSANY)Source: Shutterstock Perhaps one of the most underappreciated components of this fresh conflict is that the bears won't simply focus on Mexico when seeking stocks to sell. In fact, in addition to U.S. companies, some of the worst victims will likely hail from abroad, such as Nissan (OTCMKTS:NSANY).While Japanese cars have transformed the automotive landscape, Nissan is decidedly the black sheep. Many years ago, the company sold its soul to the French, which was problem number one. Second, Japanese authorities arrested Nissan CEO Carlos Ghosn last year for financial-misconduct allegations.Thanks to its troubles, NSANY stock has crumbled this year. And unfortunately, tensions between the U.S. and Mexico threaten to undermine any comeback efforts.Nissan does significant business in Mexico. Anecdotally, several Mexicans with whom I spoke expressed pride in this brand. Unfortunately, market pressures have forced the company to scale back its Mexican operations. The tariff threats are exactly what NSANY stock doesn't need right now. Cemex (CX)Source: Dan Davison via Wikimedia (Modified)Invariably, when you're talking about potential tariffs against Mexico, you're most worried about which Mexican stocks to sell. Based purely on dynamic headlines, Cemex (NYSE:CX) stands to lose significant ground, especially if tensions don't find immediate resolution.For one thing, CX stock was already choppy heading into this stunning news. Shares slipped into negative territory for the year in April. They have since failed to return to the break-even point.But more worrisome are the broader implications. As an exporting economy, Mexico relies on its commodities distribution and manufacturing strengths. Specifically concerning Cemex's concrete business, Mexico exported nearly $184 million worth of the material last year. Our southern neighbor also ranks as one of the top-20 cement-exporting nations in the world. * 7 Stocks to Sell Amid an Escalating Trade War Therefore, a tariff on Mexico's exported goods would negatively impact Cemex's multinational business, which includes the U.S. Plus, Trump threatened additional tariffs beyond the 5% if he doesn't get certain concessions.It's an ugly situation all around for some Mexican stocks, and CX stock is among the ugliest. Wal-Mart de Mexico (WMMVY)Source: Shutterstock If Wal-Mart de Mexico (OTCMKTS:WMMVY) had a bit more trading volume here, I'd rank it higher among stocks to sell. Still, WMMVY stock is an easy one. Obviously, tariffs don't just hurt corporations. They filter down to the everyday man or woman working in those companies, eventually translating to consumer-sentiment erosion.But it's not all terrible news for WMMVY stock. Unlike many other Mexican stocks, Wal-Mart de Mexico shares have performed admirably this year. They've returned double digits since the January opener. So with another trade war possibly in the making, you have a great opportunity to pocket those profits.In other words, I think you should live for another day.Don't get me wrong: I think Mexico longer-term presents a wonderful opportunity. The country features a young labor force. This will become extremely relevant as developed countries focusing on digitalization will outsource their manufacturing components to other nations.But with a nationalistic president at the helm, you can't dismiss the threat toward all Mexican stocks. Kroger (KR)Source: Shutterstock Recently, The Washington Post ran a story entitled in part "Bigger than avocados." The implication, of course, is that Mexico is a huge exporter of food products and agricultural goods. As such, grocers like Kroger (NYSE:KR) face substantial risks. It's really no surprise that KR stock plummeted over 10% in May.Like the rest of this stocks to sell list, Kroger can ill afford a trade war with a major supplier. Even before the heightened tensions with both China and Mexico, KR stock was on the ropes. The company badly disappointed for its most recent earnings report, delivering only $28 billion in sales. That represented a 9.5% loss year-over-year.As you might expect, Kroger also suffered from squeezed margins. But with a potential trade war with Mexico, management has no choice but to push costs onto the consumer. * 7 Stocks to Buy for June I'm not sure how they'll react to this move, as the timing couldn't be worse. We're entering the summer season where gas prices typically jump. Additionally, the U.S.-China trade war might eliminate well-paying jobs, hurting the broader consumer base. Sony (SNE)Source: Game GavelThis one hurts me personally as I'm a shareholder. However, I think it's important to include Sony (NYSE:SNE) on this list of stocks to sell for two reasons. Number one, it limits the number of hate-mail and internet-stalking incidents I receive when writing bearish stories. Second and more importantly, I want to demonstrate my objectivity toward SNE stock and other risky names.Excepting the automakers, the other companies I mentioned have viable businesses. Unfortunately, the geopolitical winds just didn't turn favorably for them. Thus, I must respect the tape and resist fighting obvious challenges.SNE stock is a perfect example. Because consumer-tech leader Apple (NASDAQ:AAPL) is facing competitive threats to its hardware, I like Sony to disrupt them. Perhaps smartphones are dead ends, but the company has undisputed leadership in video games. With its massive content empire, Sony will likely maintain this advantage for several gaming-product cycles.But here's the problem right now: SNE, like other Japanese firms, made significant investments in Mexican manufacturing facilities. A possible tariff negatively impacts multiple Sony products, including high-profile ones like the PlayStation consoles.As of this writing, Josh Enomoto was long SNE. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right * 7 Bank Stocks to Leave in the Vault * 7 Stocks for You to Profit From (Legal) Insider Trading Compare Brokers The post 7 Stocks to Sell Impacted by the Mexican Tariffs appeared first on InvestorPlace.

  • Benzinga2 months ago

    9 US-Traded Mexico-Based Stocks To Keep An Eye On

    U.S. President Donald Trump announced a 5-percent tariff on all goods coming from Mexico, demanding the country curb illegal immigration into the U.S. Trump has long accused Mexico of not doing enough ...

  • CEMEX Completes Deployment Of CEMEX Go With Customers Worldwide
    PR Newswire2 months ago

    CEMEX Completes Deployment Of CEMEX Go With Customers Worldwide

    MONTERREY, Mexico, May 30, 2019 /PRNewswire/ -- CEMEX announced today it has successfully completed the deployment of its CEMEX Go platform worldwide, setting the foundation for a higher standard of customer service in the global building materials industry. CEMEX is committed to proactively developing innovative products and cutting-edge solutions to help fulfill its customers' business needs. The ongoing success of CEMEX Go is a testament to the company's customer-centric commitment and relentless focus on continuous innovation and improvement.

  • Business Wire2 months ago

    CEMEX Completes Deployment of CEMEX Go with Customers Worldwide

    CEMEX Go is a cutting-edge digital solution for customers’ business needs. CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that it has successfully completed the deployment of its CEMEX Go platform, setting the foundation for a higher standard of customer service in the global building materials industry. CEMEX is committed to proactively developing innovative products and cutting-edge solutions to help fulfill its customers’ business needs.

  • Business Wire2 months ago

    CEMEX Strengthens Its Commitment to the UN Sustainable Development Goals

    The company has adopted the United Nations Sustainable Development Goals (SDGs) to help build a better future for society. It has called on business leaders to join this initiative and promote inclusive prosperity and sustainable development. CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that it is strengthening its commitment to the United Nations (UN) Sustainable Development Goals (SDGs) by prioritizing five goals that are directly connected with the company’s business and represent a better opportunity to contribute to the UN 2030 Agenda.

  • Business Wire2 months ago

    CEMEX Ventures Invests in Energy Vault to Support Rapid Deployment of Energy Storage Technology Using Concrete Blocks

    CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced today its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network. Energy Vault’s transformative energy storage technology solves a key challenge for renewables, which have struggled to replace, in a significant manner, fossil fuel power due to production unpredictability and intermittency of wind and sunlight.

  • Business Wire2 months ago

    CEMEX Signs Final Agreement to Divest Aggregates and Ready-Mix Assets in Germany

    CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today that it has signed the final agreement to sell its aggregates and ready-mix assets in the North and North-West regions of Germany to GP Günter Papenburg AG for approximately €87 million. CEMEX currently expects to close this divestment during the second quarter of 2019. The assets in Germany being divested consist of 4 aggregates quarries and 4 ready-mix facilities in North Germany, and 9 aggregates quarries and 14 ready-mix facilities in North-West Germany.

  • Brandes Investments' Top 5 Position Boosts in 1st Quarter
    GuruFocus.com2 months ago

    Brandes Investments' Top 5 Position Boosts in 1st Quarter

    Graham disciple's top buys include additions to 2 airlines

  • CEMEX, S.A.B. de C.V. (CX) Q1 2019 Earnings Call Transcript
    Motley Fool3 months ago

    CEMEX, S.A.B. de C.V. (CX) Q1 2019 Earnings Call Transcript

    CX earnings call for the period ending March 31, 2019.

  • Reuters3 months ago

    Mexico's Cemex nearly doubles profit but falls short of expectations

    Mexican cement producer Cemex SAB de CV on Thursday said that it had nearly doubled its profit during the first quarter but still fell short of analysts' expectations, hurt by lower volumes in Mexico and the United States. Sales in Mexico fell 8 percent to $706 million and earnings before interest, tax, depreciation and amortization (EBITDA) declined by 14 percent to $255 million during the first quarter ended March, the company said. "We are pleased with the 1 percent top-line growth we achieved during the first quarter, despite important volume declines in our two most important markets: Mexico and the U.S.," he said.

  • Business Wire3 months ago

    CEMEX Files Annual Report on Form 20-F for Fiscal Year 2018

    CEMEX, S.A.B. de C.V. announced today that it has filed its annual report for the fiscal year ended December 31, 2018, on Form 20-F with the United States Securities and Exchange Commission .

  • Reuters3 months ago

    Mexico's Cemex posts more than 90 percent surge in quarterly profit

    Mexican cement producer Cemex SAB de CV on Thursday reported a more than 90 percent rise in quarterly profit, helped by higher prices and volume. Net profit rose to $39 million in the first quarter ended ...

  • Business Wire3 months ago

    CEMEX Reports 1% Top-Line Growth and a 92% Increase in Net Income During the First Quarter of 2019

    CEMEX, S.A.B. de C.V. ("CEMEX") (CX), announced today that, on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, consolidated net sales increased by 1%, reaching US$3.2 billion during the first quarter of 2019 versus the comparable period in 2018. The increase in quarterly consolidated net sales was due to higher prices of our products, in local-currency terms in all of our regions, as well as higher volumes in our three core products in Europe, and in ready-mix and aggregates in the U.S. Controlling interest net income during the quarter was US$39 million, from US$20 million in the same period of 2018.

  • Reuters3 months ago

    Mexico's Cemex says to help in Notre-Dame's restoration

    MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Tuesday that it will help to reconstruct France's Notre-Dame cathedral, which lost its roof and iconic spire in a massive fire this month. The ...

  • Business Wire3 months ago

    CEMEX Will Contribute to Reconstruction of Notre-Dame Cathedral

    CEMEX, S.A.B. de C.V. announced today that it will help rebuild Paris’ Notre-Dame Cathedral after the devastating fire that partly destroyed and ravaged the building, including the iconic church’s roof and spire.

  • CEMEX Celebrates Earth Day with Reintroduction of American Bison in El Carmen Nature Reserve
    Business Wire3 months ago

    CEMEX Celebrates Earth Day with Reintroduction of American Bison in El Carmen Nature Reserve

    The American bison is currently on the list of endangered species in Mexico. Some of the threats that bison face for their recovery are the loss of habitat due to the expansion of agricultural developments and overgrazing by livestock.

  • Risk-Reward With Cemex
    GuruFocus.com3 months ago

    Risk-Reward With Cemex

    Warning! GuruFocus has detected 1 Warning Sign with CX. Cemex SAB de CV (CX) is the largest ready-mix concrete company and one of the largest aggregate producers in the world, selling roughly 69 million tons of cement, 53 million cubic meters of ready-mix and over 150 million tons of aggregates in 2018. Over the last five years, despite increasing annual sales turnover by $3.8 billion, the company's stock has fallen out of bed.

  • Business Wire3 months ago

    CEMEX Ventures Invests in LINKX, a Software for Optimizing the Delivery of Construction Materials

    CEMEX Ventures announced today its investment in LINKX, a company that offers specialized software to optimize goods delivery. The company’s software solution allows control of deliveries and vehicles in real time, allowing for data-based decision-making and facilitating communication and information among all involved parties: shipper, carrier, and receiver. With LINKX, shippers or freight generators plan deliveries in a simple way, allowing them to assign operations to their own carriers or third parties.

  • Business Wire3 months ago

    CEMEX Presents CEMEX Go Developer Center

    CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) introduced today CEMEX Go Developer Center, a digital platform designed to enable users to connect with different entities in the industry, accelerate their evolution, and promote new business models, while allowing the possibility of reducing costs and accelerating time for the development of new digital capabilities for each of its customers. CEMEX Go Developer Center will facilitate the connectivity of CEMEX processes with customers through digital platforms and application programming interfaces (APIs), which will also enable the direct management of orders for materials or services, the development of alliances with commercial partners, and the use of public information from CEMEX that allows other companies to integrate their digital offers.