Date | Price Target | Rating | Analyst |
---|---|---|---|
8/21/2024 | $8.00 | Overweight | JP Morgan |
7/31/2024 | $9.00 | Equal Weight → Overweight | Barclays |
7/10/2024 | $9.00 | Buy | Goldman |
5/14/2024 | $9.00 | Underperform | RBC Capital Mkts |
4/24/2024 | $9.00 | Buy → Neutral | BofA Securities |
2/9/2024 | $9.00 | Overweight → Equal Weight | Barclays |
1/9/2024 | $9.00 | Neutral → Buy | BofA Securities |
11/2/2023 | $8.19 | Buy | Citigroup |
BIRMINGHAM, Ala., March 21, 2023 /PRNewswire/ -- Vulcan Materials Company (NYSE:VMC), the nation's largest producer of construction aggregates, today issued the following statement: On Tuesday, March 14, 2023, CEMEX (NYSE:CX), aided by armed Mexican police and military, forcibly entered Vulcan's port facilities near Playa del Carmen. They are still occupying the property. There is no contract permitting CEMEX's use of Vulcan's port facilities. Although the companies had an agreement for CEMEX to lease a portion of Vulcan's property, that agreement expired on December 31, 2022, without any renewal. Prior to the expiration, CEMEX was formally made aware that negotiation of a new contract would
First quarter 2022 revenue of $42.9 million, driven by the $50.0 million licensing and royalty agreement with Atlas Renewable. GAAP operating income of $20.8 million. GAAP net loss of $20.1 million impacted by one-time IPO transaction costs of $20.6 million and a non-cash charge of $20.2 million for the change in fair value of our warrant liability due to the increase in stock price during the quarter. Adjusted EBITDA of $31.2 million. Began construction of the first Chinese deployment of a 100 MWh EVx™ gravity-based storage system in partnership with Atlas Renewable and China Tianying, which also invested $50.0 million into the private placement investment (PIPE) related to th
CEMEX acquires sustainable waste management company "Broquers Ambiental" in Mexico as part of its Future in Action program to achieve carbon neutrality. Currently, CEMEX transforms more than 500,000 tons of waste per year into climate-friendly fuels for its operations, avoiding the emission of more than 730,000 tons of CO2, which is equivalent to planting 12 million trees, thus helping to protect the environment and promote a circular economy in Mexico. CEMEX, S.A.B. de C.V. ("CEMEX") announced the acquisition of Broquers Ambiental ("Broquers"), a sustainable company that focuses on the separation, recovery, and treatment of urban solid waste generated in the city of Queretaro. This ac
Cemex announced today that it has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a recycling company and part of the Heim Group, as part of its ongoing efforts to grow its circularity business. The Berlin-based company processes mineral construction, demolition, and excavation materials (CDEM). This acquisition will integrate with Regenera, Cemex's business that provides circularity solutions to extend the life cycle of construction products and materials through reuse in value-added products. The acquired recycling facility can process up to 400,000 tons of material per year, which Regenera will turn into repurposed aggregates for concrete production, reintroducing them
Cemex and the Mission Possible Partnership collaborate on an analysis of decarbonization levers in partnership with the Bezos Earth Fund.MONTERREY, Mexico, May 13, 2024 /PRNewswire/ -- Cemex and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonization levers at Cemex's Balcones cement plant in Texas. This analysis aims to accelerate Cemex's commitment to achieving net-zero CO2 emissions by 2050. There are various technological pathways to decarbonize the cement industry and MP
Cemex has been recognized as the industry's top-scoring company in the World Benchmarking Alliance's 2024 Climate and Energy Benchmark. This recognition demonstrates Cemex's commitment to transitioning to a lower-carbon cement industry, with the aim of becoming a net-zero CO2 company by 2050. The World Benchmarking Alliance (WBA) measured and ranked 91 of the world's most influential aluminum, cement, and steel companies for the first time based on their emission targets and transition to a lower-carbon future. Cemex achieved the highest score in the overall cement ranking after the WBA assessed the company's climate performance using industry specific Accelerate Climate Transition (ACT)
SC 13G/A - CEMEX SAB DE CV (0001076378) (Subject)
SC 13G/A - CEMEX SAB DE CV (0001076378) (Subject)
SC 13G - CEMEX SAB DE CV (0001076378) (Subject)
Cemex (NYSE:CX) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.24 by 29.17 percent. The company reported quarterly sales of $4.494 billion which missed the analyst consensus estimate of $4.631 billion by 2.96 percent. This is a 1.58 percent decrease over sales of $4.566 billion the same period last year.
JP Morgan analyst Adrian Huerta maintains Cemex (NYSE:CX) with a Overweight and lowers the price target from $9.5 to $8.5.
RBC Capital analyst Anthony Codling initiates coverage on Cemex (NYSE:CX) with a Underperform rating and announces Price Target of $9.
This acquisition by NEORIS is poised to foster its expansion plans in the United States. Acquisition aligns with the company's strategy, aiming to establish broader and more global consulting capabilities to support clients in their digital transformation journey. ForeFront is a top Summit partner with multi-cloud integration expertise in Salesforce ecosystem. NEORIS, a global leader in digital acceleration, today announced that it has completed the acquisition of ForeFront, one of Salesforce's top partners and a globally recognized innovator in Cloud consulting and implementation services. ForeFront is to join NEORIS as a wholly-owned U.S.-based subsidiary and looking to accelera
JP Morgan resumed coverage of CEMEX S.A. with a rating of Overweight and set a new price target of $8.00
Barclays upgraded CEMEX S.A. from Equal Weight to Overweight and set a new price target of $9.00
Goldman resumed coverage of CEMEX S.A. with a rating of Buy and set a new price target of $9.00
6-K - CEMEX SAB DE CV (0001076378) (Filer)
6-K - CEMEX SAB DE CV (0001076378) (Filer)
6-K - CEMEX SAB DE CV (0001076378) (Filer)