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 target for 2024?

1 equities research analysts have issued 1 year target prices for Cemtrex's shares. Their CETX share price targets range from $23.00 to $23.00. On average, they predict the company's share price to reach $23.00 in the next year. This suggests a possible upside of 286.6% 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 start of the year. Since then, CETX shares have increased by 37.4% and is now trading at $5.9492. View the best growth stocks for 2023 here .

Are investors shorting Cemtrex?

Cemtrex saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 34,000 shares, a decline of 25.4% from the October 31st total of 45,600 shares. Based on an average daily volume of 60,200 shares, the short-interest ratio is presently 0.6 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 Wednesday, December 27th 2023. View our CETX earnings forecast .

How were Cemtrex's earnings last quarter?

Cemtrex, Inc. (NASDAQ:CETX) issued its earnings results on Sunday, August, 15th. The industrial products company reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of ($5.25) by $7.35. The industrial products company had revenue of $10.33 million for the quarter. Cemtrex had a negative trailing twelve-month return on equity of 80.13% and a negative net margin of 19.92%.

When did Cemtrex's stock split?

Shares of Cemtrex 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 closing bell 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) .

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 .

Cemtrex Stock Price, News & Analysis (NASDAQ:CETX)

$5.95

+0.20 (+3.48%)

(As of 12/5/2023 ET)

Compare

Today's Range: $5.76
▼
$5.98
50-Day Range: $3.93
▼
$6.07
52-Week Range: $3.15
▼
$14.46

Volume: 3,468 shs
Average Volume: 60,307 shs
Market Capitalization: $5.95 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $23.00

Cemtrex MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 286.6% Upside
$23.00 Price Target
Short Interest: Healthy
3.40% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($9.10) to ($1.52) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Cemtrex 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/Downside
According to analysts' consensus price target of $23.00, Cemtrex has a forecasted upside of 286.6% from its current price of $5.95.
Amount of Analyst Coverage
Cemtrex has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.40% of the outstanding shares of Cemtrex have been sold short.
Short Interest Ratio / Days to Cover
Cemtrex has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cemtrex has recently decreased by 25.44%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Cemtrex does not currently pay a dividend.
Dividend Growth
Cemtrex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CETX.

2.2

News and Social Media Coverage

News Sentiment
Cemtrex has a news sentiment score of 1.00. 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 0.38 average news sentiment score of Computer and Technology companies.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cemtrex insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.00% of the stock of Cemtrex is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.38% of the stock of Cemtrex is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Cemtrex are expected to grow in the coming year, from ($9.10) to ($1.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cemtrex is -0.42, 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. Sector
The P/E ratio of Cemtrex is -0.42, 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 Ratio
Cemtrex has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cemtrex Stock (NASDAQ:CETX)

Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Services segment provides single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.

CETX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CETX Stock News Headlines

November 19, 2023 | morningstar.com

Cemtrex Inc CETX

October 10, 2023 | finance.yahoo.com

Cemtrex Subsidiary, Vicon Industries, Launches Anavio, A New Cloud Based, Security Software-as-a-Service Platform For Safer, Smarter Schools

December 6, 2023 | Edge On The Street (Ad)

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September 26, 2023 | finance.yahoo.com

Cemtrex Receives $1.0 Million Contract from Pennsylvania Borough Stewartstown

September 20, 2023 | finance.yahoo.com

Cemtrex Receives to Present at LD Micro Main Event XVI Conference on October 3, 2023

August 29, 2023 | finance.yahoo.com

Cemtrex Receives $1.5 Million Upgrade Order for Vicon Valerus System from Correctional Facility in Maryland

August 23, 2023 | finance.yahoo.com

Cemtrex Announces Share Repurchase Program for Series 1 Preferred

August 22, 2023 | sg.finance.yahoo.com

Cemtrex, Inc. (CETX) stock price, news, quote & history – Yahoo Finance

December 6, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

August 11, 2023 | finanznachrichten.de

Cemtrex Inc.: Cemtrex Reports Third Quarter 2023 Financial Results

August 11, 2023 | finance.yahoo.com

Cemtrex Reports Third Quarter 2023 Financial Results

July 26, 2023 | finance.yahoo.com

Cemtrex to Host Third Quarter 2023 Financial Results Conference Call on August 10, 2023

July 20, 2023 | investing.com

Cemtrex Inc Pref (CETXP)

July 7, 2023 | finanznachrichten.de

Cemtrex Inc.: Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment

July 7, 2023 | finance.yahoo.com

Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment

June 8, 2023 | finance.yahoo.com

Cemtrex to Acquire Mechanical Contracting and Steel Fabrication Company to Expand AIS Industrial Segment

May 23, 2023 | finance.yahoo.com

Cemtrex to Present at LD Micro Invitational XIII Conference on June 6, 2023

May 13, 2023 | finance.yahoo.com

Cemtrex Second Quarter 2023 Earnings: US$0.75 loss per share (vs US$6.86 loss in 2Q 2022)

May 12, 2023 | finanznachrichten.de

Cemtrex Inc.: Cemtrex Reports Second Quarter 2023 Financial Results

May 11, 2023 | finance.yahoo.com

Cemtrex Reports Second Quarter 2023 Financial Results

May 11, 2023 | finance.yahoo.com

Cemtrex Inc. (CETX) Reports Q2 Loss, Tops Revenue Estimates

May 11, 2023 | finance.yahoo.com

Cemtrex Inc., CEO is Featured in an Interview With SmallcapsDaily

May 4, 2023 | finance.yahoo.com

Cemtrex Secures Additional $1.1 Million Vicon Industries Order from Border Protection Customer in Texas

April 27, 2023 | finance.yahoo.com

Cemtrex to Host Second Quarter 2023 Financial Results Conference Call on May 11, 2023

March 22, 2023 | finance.yahoo.com

Cemtrex Announces Vicon End-to-End Security System Order for Next Generation Zero-Carbon Prison System in United Kingdom

March 14, 2023 | finance.yahoo.com

Cemtrex’s Vicon Launches New Suite of AI-Based Analytics with Enhanced Lineup of Vicon Roughneck AI Camera Series

February 23, 2023 | benzinga.com

Cemtrex Stock (NASDAQ:CETX), Quotes and News Summary

See More Headlines

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Company Calendar

Last Earnings: 8/15/2021
Today: 12/06/2023
Next Earnings (Estimated): 12/27/2023
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic components & accessories
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CETX
CUSIP: N/A
CIK: 1435064
Web: www.cemtrex.com
Phone: (631) 756-9116
Fax: 631-420-4985
Employees: 385
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $23.00
High Stock Price Target: $23.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +286.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($14.0962)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-13,020,000.00
Net Margins: -19.92%
Pretax Margin: -18.37%
Return on Equity: -80.13%
Return on Assets: -18.83%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 0.96
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $50.28 million
Price / Sales: 0.12
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $19.37 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 1,000,000
Free Float: 878,000
Market Cap: $5.95 million
Optionable: Not Optionable
Beta: 2.27

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Key Executives

Mr. Saagar Govil (Age 37)
Chairman, President, CEO & Secretary
Comp: $637.53k
Mr. Paul J. Wyckoff (Age 52)
Interim CFO & Corporate Controller
Comp: $102.17k
Mr. Ashwin Gobindram
Chief Design Officer & Director of Operations
Lucky Gobindram
Executive Vice President of Sales & Marketing
Gaurav Taywade
Chief Software Architect & Head of Pune Studio
Mr. Bret M. McGowan (Age 58)
SVP of Sales & Marketing - Vicon Industries
Mr. Haim Shain
Senior Vice President of Product Management
Mr. Shane Compton
Chief Operations Officer of Vicon Industries
Jared Haas
President & COO - AIS

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CETX Stock Analysis - 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 target for 2024?: 1 equities research analysts have issued 1 year target prices for Cemtrex's shares. Their CETX share price targets range from $23.00 to $23.00. On average, they predict the company's share price to reach $23.00 in the next year. This suggests a possible upside of 286.6% 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 start of the year. Since then, CETX shares have increased by 37.4% and is now trading at $5.9492.
View the best growth stocks for 2023 here.
Are investors shorting Cemtrex?: Cemtrex saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 34,000 shares, a decline of 25.4% from the October 31st total of 45,600 shares. Based on an average daily volume of 60,200 shares, the short-interest ratio is presently 0.6 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 Wednesday, December 27th 2023.
View our CETX earnings forecast.

How were Cemtrex's earnings last quarter?: Cemtrex, Inc. (NASDAQ:CETX) issued its earnings results on Sunday, August, 15th. The industrial products company reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of ($5.25) by $7.35. The industrial products company had revenue of $10.33 million for the quarter. Cemtrex had a negative trailing twelve-month return on equity of 80.13% and a negative net margin of 19.92%.
When did Cemtrex's stock split?: Shares of Cemtrex 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 closing bell 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).
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.

This page (NASDAQ:CETX) was last updated on 12/6/2023 by MarketBeat.com Staff

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Cemtrex Stock Price, News & Analysis (NASDAQ:CETX)

Cemtrex MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Company Ownership

Earnings and Valuation

About Cemtrex Stock (NASDAQ:CETX)

CETX Stock Price History

CETX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CETX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™