Rare Value And Growth Stock Opportunity: Cemtrex Inc. (NASDAQ:CETX), Essent Group Ltd. (NYSE:ESNT)

The shares of Cemtrex Inc. (NASDAQ:CETX) has been pegged with a rating of Neutral by Taglich Brothers in its latest research note that was published on March 01, 2017. Taglich Brothers wasn’t the only research firm that published a report of Cemtrex Inc., with other equities research analysts also giving their opinion on the stock.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $12.00. The price of the stock the last time has raised by 22.70% from its 52-Week high price while it is -86.34% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 35.30.

The shares of the company added by 8.26% during the trading session on Wednesday, reaching a low of $0.6701 while ending the day at $0.74. During the trading session, a total of 593058.0 shares were traded which represents a 70.93% incline from the average session volume which is 2.04 million shares. CETX had ended its last session trading at $0.68. Cemtrex Inc. debt-to-equity ratio currently stands at 0.67, while its quick ratio hovers at 0.90 CETX 52-week low price stands at $0.60 while its 52-week high price is $5.39.

The company in its last quarterly report recorded -$1.59 earnings per share which is below the predicted by most analysts. The Cemtrex Inc. generated 5.2 million in revenue during the last quarter.

Investment analysts at MKM Partners published a research note on March 11, 2020 where it informed investors and clients that Essent Group Ltd. (NYSE:ESNT) is now rated as Buy. Their price target on the stock stands at $50. JP Morgan also rated ESNT as Upgrade on January 17, 2020, with its price target of $57.50 suggesting that ESNT could surge by 60.08% from its current share price. Even though the stock has been trading at $21.67/share, analysts expect it to surge by 13.47% to reach $61.60/share. It started the day trading at $26.41 and traded between $20.88 and $24.59 throughout the trading session.

A look at its technical shows that ESNT’s 50-day SMA is 44.56 while its 200-day SMA stands at 48.52. The stock has a high of $55.84 for the year while the low is $17.52. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 1.12 M shorted shares, the short percentage went higher by 5.77%, as 1.18M CETX shares were shorted. The company’s P/E ratio currently sits at 4.35, while the P/B ratio is 0.81. The company’s average trading volume currently stands at 910.14K shares, which means that the short-interest ratio is just 1.23 days. Over the past seven days, the company moved, with its shift of 25.84%. Looking further, the stock has dropped -52.78% over the past 90 days while it lost -49.81% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. sold more ESNT shares, decreasing its portfolio by -0.28% during the last quarter. This move now sees The The Vanguard Group, Inc. selling -25,029 shares in the last quarter, thus it now holds 9,056,890 shares of ESNT, with a total valuation of $395,242,680. Capital Research & Management Co…. meanwhile sold more ESNT shares in the recently filed quarter, changing its stake to $393,911,354 worth of shares.

Similarly, BlackRock Fund Advisors increased its Essent Group Ltd. shares by 2.15% during the recently filed quarter. After buying 6,647,144 shares in the last quarter, the firm now controls 140,186 shares of Essent Group Ltd. which are valued at $290,081,364. In the same vein, Fidelity Management & Research Co… increased its Essent Group Ltd. shares by during the most recent reported quarter. The firm sold 391,743 shares during the quarter which increased its stakes to 4,754,108 shares and is now valued at $207,469,273. Following these latest developments, around 2.50% of Essent Group Ltd. stocks are owned by institutional investors and hedge funds.