Should I buy or sell Core Molding Technologies stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Core Molding Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMT shares. View CMT analyst ratings or view top-rated stocks .

What is Core Molding Technologies' stock price target for 2024?

1 brokers have issued 1-year price objectives for Core Molding Technologies' stock. Their CMT share price targets range from $24.00 to $24.00. On average, they predict the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price. View analysts price targets for CMT or view top-rated stocks among Wall Street analysts .

How have CMT shares performed in 2024?

Core Molding Technologies' stock was trading at $17.30 on January 1st, 2024. Since then, CMT stock has increased by 14.5% and is now trading at $19.80. View the best growth stocks for 2024 here .

How were Core Molding Technologies' earnings last quarter?

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) issued its quarterly earnings data on Tuesday, March, 12th. The industrial products company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.19. The industrial products company had revenue of $73.78 million for the quarter, compared to the consensus estimate of $69.60 million. Core Molding Technologies had a trailing twelve-month return on equity of 15.74% and a net margin of 5.68%.

What other stocks do shareholders of Core Molding Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Core Molding Technologies investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , General Motors (GM) , Main Street Capital (MAIN) , Pure Storage (PSTG) , Boeing (BA) , Carnival Co. & (CCL) , Delta Air Lines (DAL) , Riot Platforms (RIOT) and W&T Offshore (WTI) .

Who are Core Molding Technologies' major shareholders?

Core Molding Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.68%) and Denali Advisors LLC (0.27%). Insiders that own company stock include Andrew O Smith, Charles M Hazard Jr, David L Duvall, Eric Palomaki, James C Highfield, James F Crowley, John P Zimmer, Matthew Jauchius, Ralph O Hellmold, Renee R Anderson and Thomas R Cellitti. View institutional ownership trends .

How do I buy shares of Core Molding Technologies?

Shares of CMT 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 .

NYSEAMERICAN:CMT

Core Molding Technologies (CMT) Stock Price, News & Analysis

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$19.80

+0.76 (+3.99%)

(As of 04:37 PM ET)

Compare

Today's Range: $18.82
▼
$19.80
50-Day Range: N/A
52-Week Range: $16.00
▼
$30.09

Volume: 51,646 shs
Average Volume: 53,562 shs
Market Capitalization: $181.17 million

P/E Ratio: 8.57
Dividend Yield: N/A
Price Target: $24.00

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Core Molding Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 21.2% Upside
$24.00 Price Target
Short Interest: Healthy
4.65% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.32
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 47.37%
From $1.52 to $2.24 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Core Molding Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Core Molding Technologies has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.65% of the float of Core Molding Technologies has been sold short.
Short Interest Ratio / Days to Cover
Core Molding Technologies has a short interest ratio ("days to cover") of 6.9.
Change versus previous month
Short interest in Core Molding Technologies has recently decreased by 1.06%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Core Molding Technologies does not currently pay a dividend.
Dividend Growth
Core Molding Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CMT.

2.4

News and Social Media Coverage

News Sentiment
Core Molding Technologies has a news sentiment score of 0.32. 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 lower news sentiment than the 0.61 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Core Molding Technologies this week, compared to 1 article on an average week.
Search Interest
5 people have searched for CMT on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Core Molding Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Core Molding Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.80% of the stock of Core Molding Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.79% of the stock of Core Molding Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Core Molding Technologies are expected to grow by 47.37% in the coming year, from $1.52 to $2.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Core Molding Technologies is 8.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Core Molding Technologies is 8.57, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.34.
Price to Book Value per Share Ratio
Core Molding Technologies has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Core Molding Technologies Stock (NYSEAMERICAN:CMT)

Core Molding Technologies, Inc., together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding. It serves various markets, including medium and heavy-duty truck, automotive, power sport, construction, building products, industrial, utilities, and other commercial markets in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.

CMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CMT Stock News Headlines

April 18, 2024 | finance.yahoo.com

Core Molding Technologies Announces Timing of First Quarter Fiscal Year 2024 Results

April 16, 2024 | finance.yahoo.com

Core Molding Technologies Presented with a 2024 BRP Gold Supplier Award

April 19, 2024 | Crypto 101 Media (Ad)

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April 16, 2024 | globenewswire.com

Core Molding Technologies Presented with a 2024 BRP Gold Supplier Award

April 16, 2024 | americanbankingnews.com

Core Molding Technologies (NYSEAMERICAN:CMT) Raised to "Strong-Buy" at StockNews.com

April 11, 2024 | americanbankingnews.com

Core Molding Technologies (NYSEAMERICAN:CMT) Upgraded by StockNews.com to Strong-Buy

March 27, 2024 | prnewswire.com

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Core Molding Technologies, Inc. (NYSE American: CMT)

March 25, 2024 | markets.businessinsider.com

Core Molding Technologies: Eric Palomaki Promoted As Chief Operating Officer

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 25, 2024 | globenewswire.com

Core Molding Technologies Promotes Eric L. Palomaki to Chief Operating Officer

March 14, 2024 | seekingalpha.com

Core Molding Technologies, Inc. (CMT) Q4 2023 Earnings Call Transcript

March 13, 2024 | globenewswire.com

Core Molding Technologies to Participate in the 36th Annual Roth Conference

March 13, 2024 | seekingalpha.com

Crown Electrokinetics provides Q1 and Q2 guidance

March 13, 2024 | finance.yahoo.com

Core Molding Technologies, Inc. (AMEX:CMT) Q4 2023 Earnings Call Transcript

March 12, 2024 | finanznachrichten.de

Core Molding Technologies, Inc.: Core Molding Technologies Reports Full Year and Fourth Quarter 2023 Results

March 12, 2024 | finance.yahoo.com

Core Molding Technologies Inc Reports Full Year and Q4 2023 Results

March 12, 2024 | finance.yahoo.com

Core Molding Technologies Reports Full Year and Fourth Quarter 2023 Results

March 12, 2024 | sfgate.com

Core Molding Technologies: Q4 Earnings Snapshot

March 12, 2024 | globenewswire.com

Core Molding Technologies Reports Full Year and Fourth Quarter 2023 Results

March 11, 2024 | benzinga.com

Earnings Outlook For Core Molding Technologies

March 11, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Core Molding Technologies's earnings report

March 11, 2024 | globenewswire.com

Core Molding Technologies Announces $7,500,000 Stock Repurchase Program

February 16, 2024 | money.usnews.com

Core Molding Technologies

February 15, 2024 | finance.yahoo.com

Core Molding Technologies Announces Timing of Fourth Quarter and Fiscal Year 2023 Results

February 15, 2024 | globenewswire.com

Core Molding Technologies Announces Timing of Fourth Quarter and Fiscal Year 2023 Results

February 14, 2024 | wsj.com

Core Molding Technologies Inc.

February 13, 2024 | morningstar.com

Core Molding Technologies Inc

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Industrial Products
Industry: Plastics products, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:CMT
Previous Symbol: NYSEMKT:CMT
CUSIP: N/A
CIK: 1026655
Web: www.coremt.com
Phone: (614) 870-5000
Fax: 614-870-5051
Employees: 1,857
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.00
High Stock Price Target: $24.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +21.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.31
Trailing P/E Ratio: 8.57
Forward P/E Ratio: 13.03
P/E Growth: N/A
Net Income: $20.32 million
Net Margins: 5.68%
Pretax Margin: 7.20%
Return on Equity: 15.74%
Return on Assets: 9.73%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 2.23
Quick Ratio: 1.75

Sales & Book Value

Annual Sales: $357.74 million
Price / Sales: 0.51
Cash Flow: $3.86 per share
Price / Cash Flow: 5.13
Book Value: $15.37 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 9,150,000
Free Float: 7,703,000
Market Cap: $181.17 million
Optionable: Not Optionable
Beta: 1.67

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Key Executives

Mr. David L. Duvall (Age 55)
President, CEO & Director
Comp: $1.3M
Mr. John P. Zimmer (Age 59)
Executive VP, Secretary, Treasurer & CFO
Comp: $751.15k
Mr. Eric L. Palomaki (Age 40)
Chief Operating Officer
Comp: $663.89k
Mr. James Christopher Highfield (Age 57)
Executive Vice President of Sales & Marketing
Ms. Renee R. Anderson (Age 60)
Executive Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Core Molding Technologies stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Core Molding Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMT shares.
View CMT analyst ratings or view top-rated stocks.
What is Core Molding Technologies' stock price target for 2024?: 1 brokers have issued 1-year price objectives for Core Molding Technologies' stock. Their CMT share price targets range from $24.00 to $24.00. On average, they predict the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts price targets for CMT or view top-rated stocks among Wall Street analysts.
How have CMT shares performed in 2024?: Core Molding Technologies' stock was trading at $17.30 on January 1st, 2024. Since then, CMT stock has increased by 14.5% and is now trading at $19.80.
View the best growth stocks for 2024 here.
How were Core Molding Technologies' earnings last quarter?: Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) issued its quarterly earnings data on Tuesday, March, 12th. The industrial products company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.19. The industrial products company had revenue of $73.78 million for the quarter, compared to the consensus estimate of $69.60 million. Core Molding Technologies had a trailing twelve-month return on equity of 15.74% and a net margin of 5.68%.

What other stocks do shareholders of Core Molding Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Core Molding Technologies investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), General Motors (GM), Main Street Capital (MAIN), Pure Storage (PSTG), Boeing (BA), Carnival Co. & (CCL), Delta Air Lines (DAL), Riot Platforms (RIOT) and W&T Offshore (WTI).
Who are Core Molding Technologies' major shareholders?: Core Molding Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.68%) and Denali Advisors LLC (0.27%). Insiders that own company stock include Andrew O Smith, Charles M Hazard Jr, David L Duvall, Eric Palomaki, James C Highfield, James F Crowley, John P Zimmer, Matthew Jauchius, Ralph O Hellmold, Renee R Anderson and Thomas R Cellitti.
View institutional ownership trends.
How do I buy shares of Core Molding Technologies?: Shares of CMT 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.

This page (NYSEAMERICAN:CMT) was last updated on 4/19/2024 by MarketBeat.com Staff

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