Shares of Cementos Pacasmayo (NYSE:CPAC) have been assigned a consensus rating of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $12.50.
CPAC has been the topic of several research reports. Zacks Investment Research lowered shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. ValuEngine lowered shares of Cementos Pacasmayo from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd.
Shares of NYSE CPAC traded up $0.05 during trading on Friday, hitting $10.35. 1,445 shares of the company traded hands, compared to its average volume of 2,872. Cementos Pacasmayo has a fifty-two week low of $9.20 and a fifty-two week high of $14.11. The firm has a market capitalization of $863.00 million, a P/E ratio of 32.36, a P/E/G ratio of 0.68 and a beta of 1.16. The company has a current ratio of 3.21, a quick ratio of 1.15 and a debt-to-equity ratio of 0.62.
Cementos Pacasmayo (NYSE:CPAC) last announced its quarterly earnings data on Monday, October 29th. The construction company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. Cementos Pacasmayo had a net margin of 7.94% and a return on equity of 5.61%. The firm had revenue of $96.60 million for the quarter. Equities research analysts forecast that Cementos Pacasmayo will post 0.52 EPS for the current year.
The firm also recently announced a special dividend, which will be paid on Thursday, December 6th. Investors of record on Friday, November 9th will be issued a $0.5713 dividend. This represents a dividend yield of 5.17%. The ex-dividend date is Thursday, November 8th. This is a positive change from Cementos Pacasmayo’s previous special dividend of $0.35. Cementos Pacasmayo’s dividend payout ratio is currently 156.25%.
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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