NASDAQ:CETX Cemtrex (CETX) Stock Forecast, Price & News $9.30 +0.27 (+2.99%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$8.68▼$10.1750-Day Range$7.76▼$10.8852-Week Range$3.15▼$17.95Volume118,122 shsAverage Volume40,229 shsMarket Capitalization$8.28 millionP/E RatioN/ADividend YieldN/APrice Target$23.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Cemtrex MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside147.3% Upside$23.00 Price TargetShort InterestHealthy2.28% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 4 Articles This WeekInsider TradingAcquiring Shares$11,520 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.16) to $0.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 stars 3.5 Analyst's Opinion Consensus RatingCemtrex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.00, Cemtrex has a forecasted upside of 147.3% from its current price of $9.30.Amount of Analyst CoverageCemtrex has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.28% of the outstanding shares of Cemtrex have been sold short.Short Interest Ratio / Days to CoverCemtrex has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cemtrex has recently increased by 407.50%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCemtrex does not currently pay a dividend.Dividend GrowthCemtrex does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CETX. Previous Next 3.1 News and Social Media Coverage News SentimentCemtrex has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cemtrex this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CETX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows2 people have added Cemtrex to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cemtrex insiders have bought more of their company's stock than they have sold. Specifically, they have bought $11,520.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of Cemtrex is held by insiders.Percentage Held by InstitutionsOnly 2.68% of the stock of Cemtrex is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cemtrex are expected to grow in the coming year, from ($2.16) to $0.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cemtrex is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cemtrex is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCemtrex has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cemtrex (NASDAQ:CETX) StockCemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Advanced Technologies and Industrial Services. The Advanced Technologies segment delivers technologies for IoT, Wearables and Smart Devices, such as the SmartDesk. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to customers. The company was founded on April 27, 1998 and is headquartered in Brooklyn, NY.Read More Receive CETX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cemtrex and its competitors with MarketBeat's FREE daily newsletter. Email Address CETX Stock News HeadlinesMay 23, 2023 | finance.yahoo.comCemtrex to Present at LD Micro Invitational XIII Conference on June 6, 2023May 22, 2023 | americanbankingnews.comCemtrex (NASDAQ:CETX) Rating Increased to Hold at StockNews.comMay 27, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 13, 2023 | finance.yahoo.comCemtrex Second Quarter 2023 Earnings: US$0.75 loss per share (vs US$6.86 loss in 2Q 2022)May 12, 2023 | finanznachrichten.deCemtrex Inc.: Cemtrex Reports Second Quarter 2023 Financial ResultsMay 12, 2023 | americanbankingnews.comCemtrex (NASDAQ:CETX) Upgraded by StockNews.com to HoldMay 11, 2023 | finance.yahoo.comCemtrex Reports Second Quarter 2023 Financial ResultsMay 11, 2023 | finance.yahoo.comCemtrex Inc. (CETX) Reports Q2 Loss, Tops Revenue EstimatesMay 27, 2023 | Behind the Markets (Ad)"Chilling War Games Show US Forces Crushed" – FOX NEWS=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>May 11, 2023 | finance.yahoo.comCemtrex Inc., CEO is Featured in an Interview With SmallcapsDailyMay 11, 2023 | americanbankingnews.comCemtrex, Inc. (NASDAQ:CETX) Sees Significant Decline in Short InterestMay 10, 2023 | americanbankingnews.comCemtrex (CETX) to Release Quarterly Earnings on ThursdayMay 4, 2023 | finance.yahoo.comCemtrex Secures Additional $1.1 Million Vicon Industries Order from Border Protection Customer in TexasApril 27, 2023 | finance.yahoo.comCemtrex to Host Second Quarter 2023 Financial Results Conference Call on May 11, 2023March 22, 2023 | finance.yahoo.comCemtrex Announces Vicon End-to-End Security System Order for Next Generation Zero-Carbon Prison System in United KingdomMarch 14, 2023 | finance.yahoo.comCemtrex’s Vicon Launches New Suite of AI-Based Analytics with Enhanced Lineup of Vicon Roughneck AI Camera SeriesFebruary 23, 2023 | benzinga.comCemtrex Stock (NASDAQ:CETX), Quotes and News SummaryFebruary 16, 2023 | finance.yahoo.comCemtrex, Inc. (NASDAQ:CETX) Q1 2023 Earnings Call TranscriptFebruary 14, 2023 | finance.yahoo.comCemtrex Reports First Quarter 2023 Financial ResultsFebruary 9, 2023 | finance.yahoo.comCemtrex Regains Compliance with Nasdaq Listing RequirementsFebruary 7, 2023 | finance.yahoo.comCemtrex to Host First Quarter 2023 Financial Results Conference Call on February 14, 2023January 23, 2023 | finance.yahoo.comCemtrex Postpones Reverse Split to January 25th, 2023January 11, 2023 | finance.yahoo.comCemtrex Announces $1.5 Million Vicon Industries OrderJanuary 10, 2023 | finance.yahoo.comCemtrex, Inc. (NASDAQ:CETX) Q4 2022 Earnings Call TranscriptJanuary 4, 2023 | finance.yahoo.comCemtrex, Inc. (CETX) Stock Historical Prices & Data - Yahoo FinanceDecember 28, 2022 | finance.yahoo.comCemtrex Reports Fourth Quarter and Full Fiscal Year 2022 Financial ResultsDecember 1, 2022 | finance.yahoo.comCemtrex’s Vicon Industries Appoints Shane Compton as Chief Operating OfficerSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CETX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cemtrex and its competitors with MarketBeat's FREE daily newsletter. Email Address CETX Company Calendar Last Earnings5/11/2023Today5/27/2023Next Earnings (Estimated)8/21/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic components & accessories Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CETX CUSIPN/A CIK1435064 Webwww.cemtrex.com Phone(631) 756-9116Fax631-420-4985Employees344Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.00 High Stock Price Forecast$23.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+147.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($13.8652) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,020,000.00 Net Margins-19.47% Pretax Margin-16.87% Return on Equity-60.42% Return on Assets-16.76% Debt Debt-to-Equity Ratio0.47 Current Ratio1.01 Quick Ratio0.68 Sales & Book Value Annual Sales$50.28 million Price / Sales0.16 Cash FlowN/A Price / Cash FlowN/A Book Value$9.11 per share Price / Book1.02Miscellaneous Outstanding Shares890,000Free Float859,000Market Cap$8.28 million OptionableNot Optionable Beta2.17 Key ExecutivesSaagar GovilChairman, President, CEO & SecretaryAshwin GobindramChief Design Officer & Operations DirectorPaul J. WyckoffChief Financial Officer & ControllerLucky GobindramExecutive Vice President-Sales & MarketingJonathan RudolphVice President-MarketingKey CompetitorsSiyata MobileNASDAQ:SYTATempo AutomationNASDAQ:TMPODatChatNASDAQ:DATSADDvantage Technologies GroupNASDAQ:AEYMinimNASDAQ:MINMView All CompetitorsInsidersSaagar GovilBought 6,000 shares on 3/2/2023Total: $11,520.00 ($1.92/share)View All Insider Transactions CETX Stock - Frequently Asked Questions Should I buy or sell Cemtrex stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cemtrex in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CETX shares. View CETX analyst ratings or view top-rated stocks. What is Cemtrex's stock price forecast for 2023? 1 brokers have issued 1 year price targets for Cemtrex's shares. Their CETX share price forecasts range from $23.00 to $23.00. On average, they expect the company's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 147.3% from the stock's current price. View analysts price targets for CETX or view top-rated stocks among Wall Street analysts. How have CETX shares performed in 2023? Cemtrex's stock was trading at $4.3295 at the beginning of 2023. Since then, CETX shares have increased by 114.8% and is now trading at $9.3001. View the best growth stocks for 2023 here. Are investors shorting Cemtrex? Cemtrex saw a increase in short interest in May. As of May 15th, there was short interest totaling 20,300 shares, an increase of 407.5% from the April 30th total of 4,000 shares. Based on an average daily trading volume, of 26,500 shares, the short-interest ratio is currently 0.8 days. View Cemtrex's Short Interest. When is Cemtrex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our CETX earnings forecast. How were Cemtrex's earnings last quarter? Cemtrex, Inc. (NASDAQ:CETX) issued its earnings results on Thursday, May, 11th. The industrial products company reported ($0.75) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.67. The industrial products company had revenue of $16.07 million for the quarter, compared to the consensus estimate of $13.88 million. Cemtrex had a negative net margin of 19.47% and a negative trailing twelve-month return on equity of 60.42%. When did Cemtrex's stock split? Cemtrex shares reverse split on Monday, January 23rd 2023. The 1-35 reverse split was announced on Monday, January 23rd 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, January 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. What other stocks do shareholders of Cemtrex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cemtrex investors own include Buckeye Partners (BPL), Nokia Oyj (NOK), Vaxart (VXRT), Aethlon Medical (AEMD), Inpixon (INPX), VBI Vaccines (VBIV), Co-Diagnostics (CODX), Digital Ally (DGLY), Biocept (BIOC) and OpGen (OPGN). What is Cemtrex's stock symbol? Cemtrex trades on the NASDAQ under the ticker symbol "CETX." How do I buy shares of Cemtrex? Shares of CETX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cemtrex's stock price today? One share of CETX stock can currently be purchased for approximately $9.30. How much money does Cemtrex make? Cemtrex (NASDAQ:CETX) has a market capitalization of $8.28 million and generates $50.28 million in revenue each year. The industrial products company earns $-13,020,000.00 in net income (profit) each year or ($13.8652) on an earnings per share basis. How many employees does Cemtrex have? The company employs 344 workers across the globe. How can I contact Cemtrex? Cemtrex's mailing address is 276 GREENPOINT AVE. BLD 8 SUITE 208, BROOKLYN NY, 11222. The official website for the company is www.cemtrex.com. The industrial products company can be reached via phone at (631) 756-9116, via email at investors@cemtrex.com, or via fax at 631-420-4985. This page (NASDAQ:CETX) was last updated on 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cemtrex, Inc. 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