Stocks To Watch: Cemex SAB de CV (NYSE:CX), Eagle Materials (NYSE:EXP), Cementos Pacasmayo (NYSE:CPAC), Texas Industries (NYSE:TXI)

Posted by on Apr 18, 2014

One of the world’s cement giants, Cemex SAB de CV (ADR) (NYSE:CX), can afford to finance projects like wind power generation like it did for two plants recently. The company announced the completion of $650 million financing agreement for the development of two wind plants in Nuevo Leon. These are part of the cement company’s efforts to acquire cheaper electricity. Work on the two 126-megawatts wind power farms will begin in the second quarter of 2014. However, the company’s spending abilities are currently limited, and it can only make small spending. Cemex SAB de CV (ADR) (NYSE:CX), shares after opening at $12.89 moved to $13.15 on last trade day and at the end of the day closed at $12.84. Company price to sales ratio in past twelve months was calculated as 0.97 and price to cash ratio as 12.45. Cemex SAB de CV (ADR) (NYSE:CX), showed a negative weekly performance of 0.85%.

Eagle Materials, Inc. (NYSE:EXP), is currently in the process of greenfielding a frac sand mind in Illinois that could grow to the size of its existing wallboard and cement business, says Todd Vencil, Research Analyst at Sterne Agee & Leach, Inc. Eagle Materials, Inc. (NYSE:EXP), shares fell 0.37% in last trading session and ended the day on $86.76. Eagle Materials, Inc. (NYSE:EXP), return on equity ratio is recorded as 14.60% and its return on assets is 7.30%. Eagle Materials, Inc. (NYSE:EXP), yearly performance is 40.55%.

Cementos Pacasmayo ADR (NYSE:CPAC)’s stock had its “neutral” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, AnalystRatings.NET reports. They currently have a $10.00 price target on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 6.00% from the stock’s previous close. Cementos Pacasmayo ADR (NYSE:CPAC), shares moved down 1.81% in last trading session and was closed at $9.23, while trading in range of $ 9.23 – 9.57. Cementos Pacasmayo ADR (NYSE:CPAC), year to date (YTD) performance is -22.04%.

Texas Industries, Inc. (NYSE:TXI), released its earnings data on Wednesday. The company reported ($0.33) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.61) by $0.28, Analyst Ratings Network.com reports. The company had revenue of $207.83 million for the quarter, compared to the consensus estimate of $186.43 million. During the same quarter last year, the company posted ($0.21) earnings per share. Texas Industries’s revenue was up 47.0% compared to the same quarter last year. Texas Industries, Inc. (NYSE:TXI), weekly performance is -0.58%. On last trading day company shares ended up $87.87. Texas Industries, Inc. (NYSE:TXI), distance from 50-day simple moving average (SMA50) is 3.58%. Analysts mean target Price for the company is $78.40.

Leave a Reply

Your email address will not be published. Required fields are marked *