Research that Identifies
Undiscovered Value in the MicroCap Market



CEMTREX INC.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 07/11/2018)

Symbol: CETX
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $2.50
Time Horizon: 12 Months
Rating Established: May 23, 2017
Price When Established: $3.72
Most Recent Report: July 11, 2018
Price When Issued: $2.06


What's New

Cemtrex Announces 3Q18 Results

On August 14, 2018, Cemtrex, Inc. (NASDAQ: CETX) announced results for its third quarter ended June 30, 2018.

For 3Q18, the company reported that revenues decreased 31.1% to $19.2 million from $27.8 million in 3Q17. The loss per share was $(0.30) compared to EPS of $0.11 in 3Q17.

Taglich Brothers estimates were for 3Q18 revenue of $20.9 million and a loss per share of $(0.15).


Cemtrex Announces $20 million in New EMS Segment Orders in 2Q18

On July 23, 2018, Cemtrex announces it received over $20 million in new orders from its Electronics Manufacturing Services (EMS) segment in 2Q18.

The new orders were primarily from customers that produce medical devices, industrial technology products, and in automation and measurement devices. The orders came from both new customers and existing customers such as ERBE, Stäubli, and Heinzmann.

The company’s EMS backlog exceeds $50 million and should provide a path to organic growth of 10% over the next twelve months.


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 July 11, 2018)

Updated Research Report (Dated February 26, 2018)

Updated Research Report (Dated December 21, 2017)

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)


Disclaimer

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