Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) was downgraded by JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report issued on Wednesday, Marketbeat Ratings reports. They presently have a $6.00 target price on the construction company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 8.18% from the company’s current price.
Cementos Pacasmayo S.A.A. Stock Down 1.1 %
Cementos Pacasmayo S.A.A. stock opened at $5.55 on Wednesday. The stock’s 50 day moving average price is $5.62 and its 200 day moving average price is $5.60. Cementos Pacasmayo S.A.A. has a 1-year low of $4.65 and a 1-year high of $6.64. The company has a market cap of $470.16 million, a PE ratio of 9.56 and a beta of 0.66. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.54 and a quick ratio of 0.39.
Cementos Pacasmayo S.A.A. (NYSE:CPAC – Get Free Report) last issued its earnings results on Monday, July 22nd. The construction company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). Cementos Pacasmayo S.A.A. had a return on equity of 16.20% and a net margin of 8.58%. The company had revenue of $122.24 million for the quarter, compared to analysts’ expectations of $118.53 million. On average, sell-side analysts predict that Cementos Pacasmayo S.A.A. will post 0.49 EPS for the current fiscal year.
Institutional Inflows and Outflows
Cementos Pacasmayo S.A.A. Company Profile
Cementos Pacasmayo SAA., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. It operates through three segments: Cement, Concrete, Mortar, and Precast; Quicklime; and Sales of Construction Supplies. The company's cement and concrete products are used in residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement-based products.
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