Where Does Cepton Inc. (CPTN) Rank When It Comes To Price-To-Earnings Ratio?

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Cepton Inc. (NASDAQ:CPTN) finished Wednesday with an addition of $0.31 to close at $2.09, an upside of 17.42 percent. An average of 7,422,300 shares of common stock have been traded in the last five days. There was a gain of $0.4600 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 2,446,390 shares traded, while the 50-day average volume stands at 1,210,888.

CPTN stock has increased by 62.02% in the last month. The company shares reached their 1-month lowest point of $1.2500 on 08/22/22. With the stock rallying to its 52-week high on 02/17/22, shares of the company touched a low of $1.01 and a high of $80.16 in 52 weeks. It has reached a new high 4 times so far this year and lost -78.95% or -$7.8400 in price. In spite of this, the price is down -97.39% from the 52-week high.


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Valuation Metrics

Cepton Inc. (CPTN) has a trailing price-to-earnings (P/E) ratio of 7.33. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 44.80, the price-to-book (PB) ratio at 12.29.

Financial Health

The quick ratio of Cepton Inc. for the three months ended June 29 was 6.70, and the current ratio was 7.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.35 and a total debt to equity ratio of 0.35 for the quarter ending June 29.

Earnings Surprise

For the three-month period that ended June 29, Cepton Inc. had $26.5 million in cash and short-term investments compared to $9.31 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $0.84 million in the quarter, while revenues of $41.2 million were grew 282.14%. The analyst consensus anticipated Cepton Inc.’s latest quarter earnings to come in at -$0.09 per share, but it turned out to be $0.01, a 111.10% surprise. For the quarter, EBITDA amounted to -$14.59 million. Shareholders own equity worth $155.61 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Cepton Inc. (CPTN) price momentum. RSI 9-day as of the close on 21 September was 75.28%, suggesting the stock is Overbought, with historical volatility in this time frame at 94.10%.

As of today, CPTN’s price is $1.7800 +28.22% or $0.4600 from its 5-day moving average. CPTN is currently trading +52.55% higher than its 20-day SMA and -32.58% lower than its 100-day SMA. However, the stock’s current price level is +27.44% above the SMA50 and -78.97% below the SMA200.

The stochastic %K and %D were 67.28% and 58.30%, respectively, and the average true range (ATR) was 0.2300. With the 14-day stochastic at 53.28% and the average true range at 0.2000, the RSI (14) stands at 68.35%. The stock has reached 0.1300 on the 9-day MACD Oscillator while the 14-day reading was at 0.1400.

Analyst Ratings

JP Morgan launched coverage on Cepton Inc. (NASDAQ: CPTN) in its analyst report released on September 20, 2022. The firm assigned the stock a Neutral rating.

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