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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 01/28/2019)

Symbol: CETX
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $2.00
Time Horizon: 12 Months
Rating Established: May 23, 2017
Price When Established: $3.72
Most Recent Report: January 28, 2019
Price When Issued: $0.84

What's New

Ten New Enterprises Evaluating Cemtrex’s SmartDesk for Purchase

On February 7, 2019, Cemtrex, Inc. (NASDAQ: CETX) announced ten new enterprise customers have entered into Cemtrex’s Enterprise Sales Program, which means they have signed an NDA and are actively performing due diligence of Cemtrex's SmartDesk at their own sites with intent to purchase and integrate into their office and workspace in the coming months.

All ten new customer engagements have been generated as a result of the International Consumer Electronics Show in Las Vegas in January 2019 and related marketing activities. As part of Cemtrex’s Enterprise Sales Program, customers must have SmartDesk minimum requirements of over 1000 units as part of the potential purchase scope.

Cemtrex is now engaged with over 25 Enterprise customers that are in the process of evaluating SmartDesks for their offices. Based on the average selling price of the product, this represents a sales pipeline of over $125 million in revenue.

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 January 28, 2019)

Updated Research Report (Dated September 24, 2018)

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)


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