Core Molding Technologies Q4 EPS Reduced by Roth Capital

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) - Roth Capital dropped their Q4 2024 earnings estimates for shares of Core Molding Technologies in a report released on Wednesday, November 6th. Roth Capital analyst C. Moore now anticipates that the industrial products company will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.15. The consensus estimate for Core Molding Technologies' current full-year earnings is $1.53 per share. Roth Capital also issued estimates for Core Molding Technologies' Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $1.72 EPS.

Separately, StockNews.com raised Core Molding Technologies from a "buy" rating to a "strong-buy" rating in a research report on Monday, July 29th.

Core Molding Technologies Stock Down 0.8 %

Shares of NYSEAMERICAN:CMT traded down $0.13 during trading on Thursday, reaching $16.78. 30,901 shares of the stock were exchanged, compared to its average volume of 43,826. The stock has a market capitalization of $146.99 million, a P/E ratio of 8.83 and a beta of 1.69. Core Molding Technologies has a 12-month low of $14.64 and a 12-month high of $21.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.86 and a current ratio of 2.28.

Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.13. The company had revenue of $72.99 million during the quarter, compared to analysts' expectations of $71.57 million. Core Molding Technologies had a net margin of 5.11% and a return on equity of 12.14%.

Insiders Place Their Bets

In other Core Molding Technologies news, CFO John P. Zimmer sold 2,000 shares of the business's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $18.64, for a total transaction of $37,280.00. Following the completion of the sale, the chief financial officer now owns 129,212 shares in the company, valued at $2,408,511.68. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CFO John P. Zimmer sold 2,000 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $18.64, for a total transaction of $37,280.00. Following the sale, the chief financial officer now directly owns 129,212 shares in the company, valued at approximately $2,408,511.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO John P. Zimmer sold 13,653 shares of the business's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $18.30, for a total value of $249,849.90. Following the transaction, the chief financial officer now owns 115,559 shares of the company's stock, valued at $2,114,729.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,411 shares of company stock valued at $1,333,020 in the last quarter. Insiders own 13.10% of the company's stock.

Hedge Funds Weigh In On Core Molding Technologies

Several large investors have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new position in Core Molding Technologies during the second quarter worth about $27,000. LSV Asset Management bought a new stake in Core Molding Technologies during the second quarter worth approximately $36,000. Public Employees Retirement System of Ohio acquired a new position in Core Molding Technologies in the first quarter worth approximately $155,000. Rhumbline Advisers increased its holdings in shares of Core Molding Technologies by 8.4% in the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company's stock valued at $178,000 after buying an additional 866 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in shares of Core Molding Technologies by 4.9% during the 1st quarter. BNP Paribas Financial Markets now owns 12,593 shares of the industrial products company's stock valued at $238,000 after acquiring an additional 593 shares during the last quarter. Institutional investors and hedge funds own 58.79% of the company's stock.

Core Molding Technologies Company Profile

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.