QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
META   197.81 (+1.12%)
GOOGL   101.22 (-0.39%)
AMZN   97.71 (-1.25%)
TSLA   183.25 (+1.73%)
NVDA   259.00 (+0.68%)
NIO   8.75 (+5.93%)
BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
T   18.49 (+1.99%)
F   11.18 (-1.06%)
MU   57.64 (+1.73%)
CGC   1.86 (-7.00%)
GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
AMC   4.27 (+2.15%)
PFE   40.81 (+1.77%)
PYPL   73.21 (+0.30%)
NFLX   305.13 (+0.54%)
QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
META   197.81 (+1.12%)
GOOGL   101.22 (-0.39%)
AMZN   97.71 (-1.25%)
TSLA   183.25 (+1.73%)
NVDA   259.00 (+0.68%)
NIO   8.75 (+5.93%)
BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
T   18.49 (+1.99%)
F   11.18 (-1.06%)
MU   57.64 (+1.73%)
CGC   1.86 (-7.00%)
GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
AMC   4.27 (+2.15%)
PFE   40.81 (+1.77%)
PYPL   73.21 (+0.30%)
NFLX   305.13 (+0.54%)
QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
META   197.81 (+1.12%)
GOOGL   101.22 (-0.39%)
AMZN   97.71 (-1.25%)
TSLA   183.25 (+1.73%)
NVDA   259.00 (+0.68%)
NIO   8.75 (+5.93%)
BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
T   18.49 (+1.99%)
F   11.18 (-1.06%)
MU   57.64 (+1.73%)
CGC   1.86 (-7.00%)
GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
AMC   4.27 (+2.15%)
PFE   40.81 (+1.77%)
PYPL   73.21 (+0.30%)
NFLX   305.13 (+0.54%)
QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
META   197.81 (+1.12%)
GOOGL   101.22 (-0.39%)
AMZN   97.71 (-1.25%)
TSLA   183.25 (+1.73%)
NVDA   259.00 (+0.68%)
NIO   8.75 (+5.93%)
BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
T   18.49 (+1.99%)
F   11.18 (-1.06%)
MU   57.64 (+1.73%)
CGC   1.86 (-7.00%)
GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
AMC   4.27 (+2.15%)
PFE   40.81 (+1.77%)
PYPL   73.21 (+0.30%)
NFLX   305.13 (+0.54%)
NASDAQ:CETX

Cemtrex - CETX Stock Forecast, Price & News

$7.80
-0.17 (-2.13%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$7.70
$8.12
50-Day Range
$0.16
$12.60
52-Week Range
$3.15
$24.31
Volume
6,439 shs
Average Volume
143,040 shs
Market Capitalization
$6.40 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
194.9% Upside
$23.00 Price Target
Short Interest
Healthy
5.10% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of Cemtrex in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$11,520 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($4.10) 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.

2.36 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.

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.

CETX Stock News Headlines

Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Cemtrex Reports First Quarter 2023 Financial Results
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Cemtrex Postpones Reverse Split to January 25th, 2023
Cemtrex Announces $1.5 Million Vicon Industries Order
Cemtrex Reports Third Quarter 2022 Financial Results
See More Headlines
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.

CETX Company Calendar

Last Earnings
2/14/2023
Today
3/20/2023
Next Earnings (Estimated)
5/15/2023
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
+194.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-13,020,000.00
Pretax Margin
-24.87%

Debt

Sales & Book Value

Annual Sales
$50.28 million
Book Value
$19.37 per share

Miscellaneous

Free Float
800,000
Market Cap
$6.40 million
Optionable
Not Optionable
Beta
2.11

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 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 analysts have issued 12 month price objectives for Cemtrex's stock. 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 year. This suggests a possible upside of 194.9% 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 stock has increased by 80.2% and is now trading at $7.8001.
View the best growth stocks for 2023 here
.

Are investors shorting Cemtrex?

Cemtrex saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 41,800 shares, a drop of 34.4% from the February 13th total of 63,700 shares. Based on an average daily volume of 121,200 shares, the days-to-cover ratio is currently 0.3 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, May 15th 2023.
View our CETX earnings forecast
.

How were Cemtrex's earnings last quarter?

Cemtrex, Inc. (NASDAQ:CETX) posted its quarterly earnings results on Tuesday, February, 14th. The industrial products company reported ($3.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.71) by $2.28. The industrial products company earned $11.97 million during the quarter, compared to analyst estimates of $13.30 million. Cemtrex had a negative trailing twelve-month return on equity of 77.83% and a negative net margin of 28.74%.

When did Cemtrex's stock split?

Cemtrex shares reverse split on the morning of 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 $7.80.

How much money does Cemtrex make?

Cemtrex (NASDAQ:CETX) has a market capitalization of $6.40 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 ($20.1282) 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 3/20/2023 by MarketBeat.com Staff