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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 09/06/2017)

Symbol: CETX
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $4.50
Time Horizon: 12 Months
Rating Established: May 23, 2017
Price When Established: $3.72
Most Recent Report: September 6, 2017
Price When Issued: $3.12

What's New

Cemtrex Ranked #184 Fastest Growing Company in North America

On November 9, 2017, Cemtrex, Inc. (NASDAQ: CETX) announced it ranked #184 on Deloitte’s 2017 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Cemtrex grew 585 percent during the period 2013 to 2016.

Cemtrex previously ranked #213 as a Technology Fast 500™ award winner for 2016 and was a previous winner in 2015 and 2012.

Cemtrex Signs Letter of Intent to Acquire Virtual Reality Software Studio

On November 6, 2017, Cemtrex, Inc. (NASDAQ: CETX) announced it signed a letter of intent to acquire a virtual reality software development studio headquartered in New York City. The studio employs over 30 programmers with experience in prototype development & interaction design. Annual sales are over $1.5 million.

Terms of the deal have not been announced. Due to the confidentiality agreement in place, Cemtrex plans to provide details about the acquired company after closing the transaction which is expected to take place by end of the year.

Company Description

Headquartered in Farmingdale, NY, Cemtrex provides manufacturing services of advanced custom engineered electronics, industrial maintenance services, monitoring instruments for industrial processes and environmental compliance, and systems for controlling emissions.

Company Reports

Updated Research Report (Dated September 6, 2017)

Updated Research Report (Dated May 23, 2017)

Updated Research Report (Dated February 28, 2017)

Updated Research Report (Dated February 1, 2017)

Updated Research Report (Dated September 13, 2016)

Updated Research Report (Dated July 1, 2016)

Initial Research Report (Dated March 4, 2016)


Please view our current disclosure and disclaimer on our most recent research report.