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Teen workers are in high demand for summer and commanding better pay
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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NASDAQ:CETX

Cemtrex (CETX) Stock Forecast, Price & News

$9.30
+0.27 (+2.99%)
(As of 05/26/2023 ET)
Compare
Today's Range
$8.68
$10.17
50-Day Range
$7.76
$10.88
52-Week Range
$3.15
$17.95
Volume
118,122 shs
Average Volume
40,229 shs
Market Capitalization
$8.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.00

Cemtrex MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
147.3% Upside
$23.00 Price Target
Short Interest
Healthy
2.28% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.66mentions of Cemtrex in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$11,520 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.16) to $0.01 Per Share

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


CETX stock logo

About Cemtrex (NASDAQ:CETX) Stock

Cemtrex, 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.

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CETX Stock News Headlines

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...
Cemtrex (NASDAQ:CETX) Upgraded by StockNews.com to Hold
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=== 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 >>>
Cemtrex (CETX) to Release Quarterly Earnings on Thursday
Cemtrex Reports First Quarter 2023 Financial Results
Cemtrex Postpones Reverse Split to January 25th, 2023
Cemtrex Announces $1.5 Million Vicon Industries Order
See More Headlines
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CETX Company Calendar

Last Earnings
5/11/2023
Today
5/27/2023
Next Earnings (Estimated)
8/21/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CETX
Employees
344
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-13,020,000.00
Pretax Margin
-16.87%

Debt

Sales & Book Value

Annual Sales
$50.28 million
Book Value
$9.11 per share

Miscellaneous

Free Float
859,000
Market Cap
$8.28 million
Optionable
Not Optionable
Beta
2.17

Key Executives

  • Saagar Govil
    Chairman, President, CEO & Secretary
  • Ashwin Gobindram
    Chief Design Officer & Operations Director
  • Paul J. Wyckoff
    Chief Financial Officer & Controller
  • Lucky Gobindram
    Executive Vice President-Sales & Marketing
  • Jonathan Rudolph
    Vice President-Marketing













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

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