Q1 2018 EPS Estimates for Cemtrex Inc (CETX) Reduced by Taglich Brothers
Cemtrex Inc (NASDAQ:CETX) – Stock analysts at Taglich Brothers lowered their Q1 2018 earnings per share (EPS) estimates for Cemtrex in a research note issued to investors on Thursday. Taglich Brothers analyst J. Nobile now anticipates that the industrial products company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.21. Taglich Brothers also issued estimates for Cemtrex’s Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.14 EPS, FY2018 earnings at $0.67 EPS, Q1 2019 earnings at $0.30 EPS, Q2 2019 earnings at $0.25 EPS and FY2019 earnings at $1.14 EPS.
Shares of Cemtrex (CETX) opened at $2.79 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.31 and a quick ratio of 1.45. The company has a market cap of $28.59, a P/E ratio of 9.00 and a beta of 5.22. Cemtrex has a 12-month low of $2.38 and a 12-month high of $8.41.
Cemtrex Company Profile
Cemtrex, Inc is a diversified technology company, which provides solutions to industrial and manufacturing needs. The Company provides manufacturing services of electronic system assemblies; provides broad-based industrial services, instruments and emission monitors for industrial processes, and provides industrial air filtration and environmental control systems.
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