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California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NASDAQ:CETX

Cemtrex (CETX) Stock Forecast, Price & News

$4.78
-0.07 (-1.44%)
(As of 09/29/2023 ET)
Compare
Today's Range
$4.68
$4.99
50-Day Range
$4.53
$7.21
52-Week Range
$3.15
$14.46
Volume
36,955 shs
Average Volume
140,280 shs
Market Capitalization
$4.78 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
381.2% Upside
$23.00 Price Target
Short Interest
Healthy
1.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.23mentions of Cemtrex in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$17,135 Bought Last Quarter
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.

2.63 out of 5 stars


CETX stock logo

About Cemtrex (NASDAQ:CETX) Stock

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 Price History

CETX Stock News Headlines

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Cemtrex Reports Third Quarter 2023 Financial Results
Cemtrex Inc Pref (CETXP)
See More Headlines
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CETX Company Calendar

Last Earnings
8/10/2023
Today
10/01/2023
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 Forecast
$23.00
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+381.2%
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
968,000
Market Cap
$4.78 million
Optionable
Not Optionable
Beta
2.14
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Key Executives

  • Mr. Saagar Govil (Age 37)
    Chairman, Pres, CEO & Sec.
    Comp: $637.53k
  • Mr. Paul J. Wyckoff (Age 52)
    Interim CFO & Corp. Controller
    Comp: $102.17k
  • Mr. Ashwin Gobindram
    Chief Design Officer & Director of Operations
  • Lucky Gobindram
    Exec. VP 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
    Sr. VP of Product Management
  • Mr. Shane Compton
    Chief Operations Officer of Vicon Industries
  • Jared Haas
    Pres & COO - AIS













CETX Stock - Frequently Asked Questions

Should I buy or sell Cemtrex stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cemtrex in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12 month target prices for Cemtrex's stock. Their CETX share price forecasts range from $23.00 to $23.00. On average, they anticipate the company's share price to reach $23.00 in the next year. This suggests a possible upside of 381.2% 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 the year. Since then, CETX shares have increased by 10.4% and is now trading at $4.78.
View the best growth stocks for 2023 here
.

Are investors shorting Cemtrex?

Cemtrex saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 13,200 shares, a decrease of 9.0% from the August 31st total of 14,500 shares. Based on an average daily volume of 55,900 shares, the short-interest ratio is presently 0.2 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) released its quarterly earnings data on Thursday, August, 10th. The industrial products company reported ($1.29) earnings per share for the quarter, missing the consensus estimate of ($0.34) by $0.95. The industrial products company earned $14.73 million during the quarter, compared to analyst estimates of $14.45 million. Cemtrex had a negative net margin of 19.92% and a negative trailing twelve-month return on equity of 80.13%.

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 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 $4.78.

How much money does Cemtrex make?

Cemtrex (NASDAQ:CETX) has a market capitalization of $4.78 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 ($14.0962) on an earnings per share basis.

How many employees does Cemtrex have?

The company employs 385 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 10/1/2023 by MarketBeat.com Staff

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