Shares of Cementos Pacasmayo ADR (NYSE:CPAC) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $13.00.
Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a report on Wednesday, July 17th. UBS Group raised shares of Cementos Pacasmayo from a “neutral” rating to a “buy” rating in a report on Wednesday, July 24th. Finally, ValuEngine downgraded shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a report on Monday, July 29th.
Shares of Cementos Pacasmayo stock remained flat at $$8.17 during trading on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 5,969. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.94 and a current ratio of 2.94. The stock has a 50 day moving average price of $8.71 and a two-hundred day moving average price of $9.24. The company has a market cap of $724.82 million, a price-to-earnings ratio of 22.08 and a beta of 0.80. Cementos Pacasmayo has a twelve month low of $8.00 and a twelve month high of $11.60.
Cementos Pacasmayo (NYSE:CPAC) last released its quarterly earnings data on Wednesday, July 17th. The construction company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. Cementos Pacasmayo had a return on equity of 7.79% and a net margin of 6.54%. The business had revenue of $96.91 million during the quarter, compared to analyst estimates of $92.25 million. On average, equities research analysts anticipate that Cementos Pacasmayo will post 0.49 EPS for the current fiscal year.
A hedge fund recently bought a new stake in Cementos Pacasmayo stock. Aperio Group LLC purchased a new position in shares of Cementos Pacasmayo ADR (NYSE:CPAC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,161 shares of the construction company’s stock, valued at approximately $28,000. Hedge funds and other institutional investors own 3.98% of the company’s stock.
About Cementos Pacasmayo
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The company operates in three segments: Cement, Concrete and Blocks; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in large construction sites; concrete blocks, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete blocks for structural and non-structural uses; and cement based products, including assembly gravity walls, beams and vaults, precast beams, sheet piles, seawalls, and piles, as well as bathroom and housing units.
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