Cementos Pacasmayo S.A.A.'s (CPAC) Hold (C) Rating Reiterated at Weiss Ratings
Weiss Ratings has reiterated a "hold (c)" rating for Cementos Pacasmayo S.A.A. (NYSE:CPAC). The company's stock rose 2.1% to $7.40, with a market cap of $627.64 million. CPAC reported a quarterly EPS of $0.15, exceeding estimates, and had a net margin of 10.51%. Institutional investors, including BNP Paribas Financial Markets, have increased their stakes in the company. Analysts predict an EPS of 0.62 for the current fiscal year.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities researchers at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.
Cementos Pacasmayo S.A.A. Trading Up 2.1%
Shares of CPAC traded up $0.15 during trading hours on Friday, reaching $7.40. 7,608 shares of the company traded hands, compared to its average volume of 8,413. Cementos Pacasmayo S.A.A. has a 12 month low of $5.10 and a 12 month high of $7.50. The company has a quick ratio of 0.40, a current ratio of 1.34 and a debt-to-equity ratio of 0.73. The company's fifty day moving average price is $6.89 and its two-hundred day moving average price is $6.21. The company has a market capitalization of $627.64 million, a price-to-earnings ratio of 11.94 and a beta of 0.77.
Cementos Pacasmayo S.A.A. (NYSE:CPAC - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The construction company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. Cementos Pacasmayo S.A.A. had a net margin of 10.51% and a return on equity of 16.60%. The business had revenue of $135.89 million during the quarter, compared to analyst estimates of $132.73 million. During the same period last year, the business posted $0.09 earnings per share. Equities research analysts predict that Cementos Pacasmayo S.A.A. will post 0.62 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Cementos Pacasmayo S.A.A.
A hedge fund recently raised its stake in Cementos Pacasmayo S.A.A. stock. BNP Paribas Financial Markets raised its holdings in shares of Cementos Pacasmayo S.A.A. (NYSE:CPAC - Free Report) by 6.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,110 shares of the construction company's stock after purchasing an additional 1,900 shares during the period. BNP Paribas Financial Markets' holdings in Cementos Pacasmayo S.A.A. were worth $179,000 as of its most recent SEC filing.
Cementos Pacasmayo S.A.A. Company Profile
(Get Free Report)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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