Latest news with #CEMEX
Yahoo
27-05-2025
- Business
- Yahoo
Barclays Maintains Buy Rating on CEMEX (CX) Stock
On May 27, Barclays analyst Benjamin Theurer maintained a Buy rating on CEMEX, S.A.B. de C.V. (NYSE:CX) and maintained a price target of $8.00. The company's fiscal Q1 2025 earnings reported record first-quarter net income of $734 million. This growth was supported by higher consolidated prices and the divestment of its Dominican Republic operations, which offset the effects of lower volumes in Mexico. A pile of cement on the top of the wheelbarrow in construction site. CEMEX, S.A.B. de C.V. (NYSE:CX) reported EBITDA in line with its expectations at $601 million, aligning with flat EBITDA projections for the full year. Management attributed the EBITDA performance to various factors, including its Mexican operations which resulted in a $65 million headwind because of peso depreciation. Its EBITDA margin was supported by higher prices and lower energy and freight costs, factors that helped offset higher labor costs, volume impact, and maintenance work in the US. The company expects more favorable dynamics in the second half of 2025. Headquartered in San Pedro Garza Garcia, Mexico, CEMEX, S.A.B. de C.V. (NYSE:CX) is a global construction materials company that offers cement, aggregates, ready-mix concrete, and urbanization solutions. Its operations are spread across the following geographical segments: Mexico, United States, Europe, Middle East, Africa and Asia (EMEAA), and South, Central America and the Caribbean (SCA&C). While we acknowledge the potential of CX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CX and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
19-05-2025
- Sport
- Yahoo
Nahuel storms off frustrated, takes aim at the refereeing
This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. Tigres had a challenging second leg match in Toluca, as they fell in the semifinal return by 3-0, in a game where Nahuel Guzmán expressed his dissatisfaction with the refereeing during the match and at its conclusion. The match in Toluca ends. Score @CEMEXMx. #SiempreContigo 👊 #EstoEsTigres 🐯 — Club Tigres 🐯 (@TigresOficial) May 18, 2025 "El Patón" sent a message to Fernando Guerrero, a former professional referee, after his referee analysis following the annulment of Nico Ibáñez's goal, which he initially approved but retracted minutes later. "Let the defenders of ethics and morality speak... those who were commenting all the time a few days ago," he wrote. Let the defenders of ethics and morality speak... those who were commenting all the time a few days ago 🤷🏽♂️ — (@PatonGuzman) May 18, 2025 Tigres concluded their participation in Liga MX and now has the mission to strengthen themselves with a competitive squad with the selection of Guido Pizarro. 📸 Hector Vivas - 2025 Getty Images
Yahoo
19-05-2025
- Sport
- Yahoo
Nahuel storms off frustrated, takes aim at the refereeing
This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. Tigres had a challenging second leg match in Toluca, as they fell in the semifinal return by 3-0, in a game where Nahuel Guzmán expressed his dissatisfaction with the refereeing during the match and at its conclusion. The match in Toluca ends. Score @CEMEXMx. #SiempreContigo 👊 #EstoEsTigres 🐯 — Club Tigres 🐯 (@TigresOficial) May 18, 2025 "El Patón" sent a message to Fernando Guerrero, a former professional referee, after his referee analysis following the annulment of Nico Ibáñez's goal, which he initially approved but retracted minutes later. "Let the defenders of ethics and morality speak... those who were commenting all the time a few days ago," he wrote. Let the defenders of ethics and morality speak... those who were commenting all the time a few days ago 🤷🏽♂️ — (@PatonGuzman) May 18, 2025 Tigres concluded their participation in Liga MX and now has the mission to strengthen themselves with a competitive squad with the selection of Guido Pizarro. 📸 Hector Vivas - 2025 Getty Images
Yahoo
30-04-2025
- Business
- Yahoo
Why CEMEX, S.A.B. de C.V. (CX) Surged on Monday
We recently published an article titled . In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against the other stocks. The stock market kicked off the trading week on a mixed note, with two major indices ending in the green, as investors continued to digest more corporate earnings results. Among the bellwether indices, only the Nasdaq ended in the red, dropping 0.10 percent. In contrast, the Dow Jones grew by 0.28 percent and the S&P 500 inched up by 0.06 percent. Meanwhile, 10 companies mirrored a broader market optimism, as investors snapped up shares ahead of their first-quarter earnings performance in the next few days. To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume. A pile of cement on the top of the wheelbarrow in construction site. CEMEX, S.A.B. de C.V. (NYSE:CX) extended its winning streak for a fifth straight day on Monday, adding 4.56 percent to close at $6.19 apiece, as investors took heart from the company's strong performance and its new CEO's promise to deliver further profit growth and shareholder value. In a statement, CEMEX, S.A.B. de C.V. (NYSE:CX) CEO Jaime Muguiro said that he will focus on operational efficiency and follow a disciplined capital allocation strategy. Through the 'Project Cutting Edge' cost savings initiative, CX aims to save at least $150 million in recurrent annual EBITDA this year and $350 million by 2027. The announcement followed CEMEX, S.A.B. de C.V.'s (NYSE:CX) strong earnings performance in the first quarter of the year, with its net income soaring by 189 percent to $734 million from $254 million in the same period a year earlier, driven mainly by the sale of its Dominican Republic operations. Revenues, on the other hand, dipped by 1 percent to $3.6 billion from $3.9 billion amid higher prices that offset lower volumes. Overall CX ranks 10th on our list of the best performing stocks on Monday. While we acknowledge the potential of CX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27-04-2025
- Business
- Yahoo
Why CEMEX, S.A.B. de C.V. (CX) Went Up On Friday
We recently published a list of . In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against other firms that led Friday's rally. The stock market ended the week stronger with all its major indices closing higher as investors repositioned portfolios ahead of more corporate earnings next week while navigating an evolving global trade environment. The tech-heavy Nasdaq surged by 1.26 percent, while the S&P 500 and Dow Jones eked out marginal gains of 0.74 percent and 0.05 percent, respectively. Meanwhile, 10 companies mirrored the broader market sentiment, ending the trading week with modest gains. In this article, we have listed the 10 top-performing stocks and detailed the reasons behind their gains. To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume. A pile of cement on the top of the wheelbarrow in construction site. CEMEX, S.A.B. de C.V. (NYSE:CX) Cemex rose for a fourth straight day on Friday, adding 4.04 percent to close at $5.92 apiece as investors repositioned portfolios ahead of the release of its first quarter earnings performance while snapping up shares after earning a bullish rating from an investment firm. Based on its website, CEMEX, S.A.B. de C.V. (NYSE:CX) is scheduled to release the results of its earnings performance for the first quarter of the year on Monday, April 28, at 11 AM New York time. Apart from the operational and financial highlights, investors will be closely watching out for its outlook for the near-term period, considering the ongoing trade tensions globally. In other news, Barclays on Monday reaffirmed its Buy rating and $8 price target for CX, which represented a 35-percent upside from its latest closing price. Also last week, CX announced that Cemex Ventures, its corporate venture capital and open innovation unit, executed an investment agreement with OPTIMITIVE, a Spain-based Artificial Intelligence company. Founded in 2008, OPTIMITIVE has developed proprietary artificial intelligence software to enhance efficiency across heavy industries. It offers advanced solutions for process improvement, maintenance, and services, with a strong focus on the cement industry over the last years. Overall, CX ranks 7th on our list of firms that led Friday's rally. While we acknowledge the potential of CX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
