Cemex (NYSE:CX) Issues Earnings Results

Cemex (NYSE:CX) posted its quarterly earnings data on Thursday. The construction company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.38), Zacks reports. Cemex had a return on equity of 2.85% and a net margin of 5.93%.The business had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.01 billion.

Here are the key takeaways from Cemex’s conference call:

• Project Cutting Edge delivered the targeted $200 million of recurring EBITDA savings in 2025, with a plan to reach $400 million by 2027 and an incremental $125 million of savings expected in 2026, supporting margin expansion and cash generation.
• Free cash flow excluding one‑offs was about $1.4 billion (46% conversion) in 2025; management guides to high single‑digit EBITDA growth in 2026 and is proposing a ~40% higher cash dividend plus an intent to repurchase up to $500 million of shares over three years.
• The company took material impairment/write‑down charges in 2025 (about $538 million disclosed), which weighed on reported net income despite stronger underlying performance — a potential signal of weaker assets or valuation risks.
• CEMEX is accelerating portfolio rebalancing toward the U.S. (divested Panama, consolidated Couch Aggregates) and prioritizing aggregates and adjacent businesses, signaling a strategic shift to higher‑return, U.S.‑focused assets.

Cemex Stock Up 2.4%

Cemex stock traded up $0.29 during midday trading on Friday, reaching $12.24. The stock had a trading volume of 6,258,098 shares, compared to its average volume of 6,916,785. The stock has a market capitalization of $17.73 billion, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 0.81 and a beta of 1.61. The firm’s fifty day simple moving average is $11.93 and its 200-day simple moving average is $10.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.91. Cemex has a 1-year low of $4.89 and a 1-year high of $13.35.

Cemex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were issued a dividend of $0.0224 per share. The ex-dividend date was Monday, December 15th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.7%. Cemex’s dividend payout ratio (DPR) is presently 9.68%.

Hedge Funds Weigh In On Cemex

Several hedge funds have recently modified their holdings of CX. Morningstar Investment Management LLC acquired a new position in shares of Cemex during the 3rd quarter worth approximately $772,000. PharVision Advisers LLC bought a new position in Cemex during the third quarter worth $114,000. XTX Topco Ltd grew its stake in Cemex by 9.4% in the 3rd quarter. XTX Topco Ltd now owns 186,880 shares of the construction company’s stock valued at $1,680,000 after buying an additional 16,008 shares during the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Cemex in the third quarter valued at approximately $10,196,000. Finally, Qube Research & Technologies Ltd bought a new position in Cemex during the 3rd quarter worth $1,498,000. Institutional investors own 82.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CX shares. Barclays reaffirmed an “overweight” rating and set a $15.00 price objective on shares of Cemex in a report on Tuesday, January 27th. The Goldman Sachs Group lifted their price objective on Cemex from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Bank of America upgraded shares of Cemex from a “neutral” rating to a “buy” rating and upped their target price for the company from $10.00 to $10.80 in a research report on Wednesday, October 15th. Scotiabank lifted their price target on shares of Cemex from $11.10 to $13.50 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Citigroup downgraded shares of Cemex from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $9.00 to $10.00 in a research note on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.04.

Cemex Company Profile

Cemex (NYSE: CX) is a global building materials company headquartered in Monterrey, Mexico. The company produces, distributes and sells cement, ready-mix concrete and aggregates, as well as related building materials, to construction markets in more than 50 countries. Cemex’s product portfolio also includes asphalt and mortar mixes, waste-derived fuels and other complementary construction solutions, supported by a network of production facilities, distribution centers and logistics operations.

Founded in 1906 as Cementos Hidalgo, the company adopted the Cemex name in 1976 following a series of domestic mergers and expansions.