Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Cemex SAB de CV (NYSE:CX) Stock Price

News headlines about Cemex SAB de CV (NYSE:CX) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cemex SAB de CV earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.5720843479019 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern’s analysis:

A number of analysts recently weighed in on CX shares. Citigroup set a $10.00 target price on shares of Cemex SAB de CV and gave the company a “buy” rating in a research note on Tuesday, September 4th. Santander raised shares of Cemex SAB de CV from a “hold” rating to a “buy” rating in a research note on Wednesday, June 20th. Zacks Investment Research raised shares of Cemex SAB de CV from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. HSBC cut shares of Cemex SAB de CV from a “buy” rating to a “hold” rating and set a $8.00 target price on the stock. in a research note on Thursday, August 16th. Finally, Exane BNP Paribas cut shares of Cemex SAB de CV from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 31st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.29.

NYSE:CX opened at $7.07 on Friday. The stock has a market capitalization of $10.18 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 0.74 and a beta of 1.36. Cemex SAB de CV has a 12 month low of $5.72 and a 12 month high of $9.45. The company has a current ratio of 0.73, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90.

Cemex SAB de CV (NYSE:CX) last released its quarterly earnings results on Thursday, July 26th. The construction company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.09. The firm had revenue of $3.80 billion for the quarter. Cemex SAB de CV had a net margin of 4.23% and a return on equity of 5.47%. research analysts predict that Cemex SAB de CV will post 0.56 earnings per share for the current fiscal year.

About Cemex SAB de CV

CEMEX, SAB. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, clinker, and other construction materials. The company also offers various complementary construction products, including asphalt products; concrete blocks and roof tiles; architectural products; concrete pipes for storm and sanitary sewers applications; and other precast products comprising rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs.

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