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Cemex SAB (NYSE:CX) de CV ADR stock reached a new 52-week high, trading at $8.84, with InvestingPro data showing the construction materials giant commanding a market capitalization of $12.7 billion. This milestone reflects a significant upward trend, marking a 38.32% increase over the past year. Trading at a P/E ratio of 14.2, Cemex’s stock price surge highlights the company’s strong performance and investor confidence. According to InvestingPro analysis, the company appears slightly undervalued relative to its Fair Value, with a "GOOD" overall financial health score. The 52-week high underscores Cemex’s resilience and growth potential in the competitive construction materials sector. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report, offering deep-dive analysis of Cemex’s market position and future prospects.
In other recent news, Cemex has announced several significant developments. The company completed a $1 billion offering of subordinated perpetual notes, which do not have a fixed maturity date. These notes were sold to qualified institutional buyers and non-U.S. persons, expanding Cemex’s financial flexibility. Additionally, Cemex declared a cash dividend totaling $130 million, to be distributed in four equal installments. Shareholders of record as of June 17, 2025, will receive the first payment starting June 18, 2025, with subsequent payments scheduled through March 2026.
In analyst updates, BofA Securities raised its price target for Cemex to $8.00 from $7.30, maintaining a Neutral rating. This adjustment reflects a lower cost of capital in their valuation model. These recent financial maneuvers and analyst insights provide investors with updated perspectives on Cemex’s financial strategies and market position.
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