Cepton (CPTN) Stock Price, News & Analysis

Company Overview

Cepton, Inc. provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, China, and internationally. The company offers autograde lidar sensors, including Cepton Ultra, a slimmest lidar with MagnoSteer technology and proprietary ASIC chipset, enabling a combination of 300-meter range at 10% reflectivity and 0.05° resolution; Vista-X, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications; and Nova, an extremely-small form factor lidar solution with a range of up to 30m for near-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications. It also provides industrial grade lidar sensors, such as Vista-P, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and smart infrastructure applications; and Sora-P, an ultra-high scan rate, compact, and quasi line-scanning lidar solution that delivers high-fidelity profiling of objects moving at high speeds for free flow tolling and other industrial applications. The company was founded in 2016 and is headquartered in San Jose, California.

Key Stats

• Today's Range: $3.11 to $3.14
• 50-Day Range: $3.04 to $3.18
• 52-Week Range: $2.38 to $5.20
• Volume: 6,447 shs
• Average Volume: 10,334 shs
• Market Capitalization: $50.12 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

Cepton Stock Analysis - MarketRank™

Cepton scored higher than 33% of companies evaluated by MarketBeat, and ranked 72nd out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cepton.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cepton is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cepton is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.46% of the float of Cepton has been sold short.

Short Interest Ratio / Days to Cover

Cepton has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cepton has recently decreased by 14.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cepton does not currently pay a dividend.

Dividend Growth

Cepton does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.46% of the float of Cepton has been sold short.

Short Interest Ratio / Days to Cover

Cepton has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cepton has recently decreased by 14.55%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

Cepton has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Auto/Tires/Trucks companies.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cepton insiders have not sold or bought any company stock.

Percentage Held by Insiders

36.10% of the stock of Cepton is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

68.16% of the stock of Cepton is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CPTN Stock Analysis - Frequently Asked Questions

How have CPTN shares performed this year?

Cepton's stock was trading at $3.14 at the start of the year. Since then, CPTN shares have decreased by 0.5% and is now trading at $3.1228.
View the best growth stocks for 2024 here.

How were Cepton's earnings last quarter?

Cepton, Inc. (NASDAQ:CPTN) posted its quarterly earnings results on Thursday, November, 7th. The company reported ($0.61) EPS for the quarter. The business had revenue of $0.55 million for the quarter.

When did Cepton's stock split?

Cepton shares reverse split on the morning of Friday, September 22nd 2023. The 1-10 reverse split was announced on Monday, September 18th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Cepton?

Shares of CPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cepton own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cepton investors own include NIO (NIO), Tesla (TSLA), Moderna (MRNA), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Anavex Life Sciences (AVXL) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:CPTN
• CUSIP: N/A
• CIK: 1498233
• Web: www.cepton.com
• Phone: 408-459-7579
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-48,550,000.00
• Net Margins: -143.32%
• Pretax Margin: -143.32%
• Return on Equity: N/A
• Return on Assets: -36.17%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.52
• Quick Ratio: 5.41

Sales & Book Value

• Annual Sales: $13.06 million
• Price / Sales: 3.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($3.24) per share
• Price / Book: -0.96

Miscellaneous

• Outstanding Shares: 16,050,000
• Free Float: 10,257,000
• Market Cap: $50.12 million
• Optionable: Not Optionable
• Beta: 0.07