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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
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Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
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What analysts wanted out of Chewy stock is finally here
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The truth about DocuSign's relevancy in today's world: Surprise
SoFi expands ETF business with options-driven income fund

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


CETX stock logo

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

CETX Stock News Headlines

Cemtrex Inc CETX
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Cemtrex Reports Third Quarter 2023 Financial Results
Cemtrex Inc Pref (CETXP)
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

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CETX
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

Net Income
$-13,020,000.00
Pretax Margin
-18.37%

Debt

Sales & Book Value

Annual Sales
$50.28 million
Book Value
$19.37 per share

Miscellaneous

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














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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