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

Company Overview

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.

Key Stats

• Today's Range: $15.92 to $16.11
• 50-Day Range: N/A
• 52-Week Range: $14.64 to $21.00
• Volume: 4,619 shs
• Average Volume: 43,433 shs
• Market Capitalization: $143.99 million
• P/E Ratio: 9.08
• Dividend Yield: N/A
• Price Target: $24.00
• Consensus Rating: Buy

Core Molding Technologies Stock Analysis - MarketRank™

Core Molding Technologies scored higher than 73% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 4.88%

Earnings Growth

Earnings for Core Molding Technologies are expected to grow by 4.88% in the coming year, from $1.64 to $1.72 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Core Molding Technologies is 9.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Core Molding Technologies is 9.02, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.55.

Price to Book Value per Share Ratio

Core Molding Technologies has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.17% 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 4.6.

Change versus previous month

Short interest in Core Molding Technologies has recently decreased by 0.17%, indicating that investor sentiment is improving.

Dividend

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

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.

Sustainability and ESG

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

Percentage of Shares Shorted

2.17% 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 4.6.

Change versus previous month

Short interest in Core Molding Technologies has recently decreased by 0.17%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.38

News Sentiment

Core Molding Technologies has a news sentiment score of 0.38. 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 lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Core Molding Technologies this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for CMT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Core Molding Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $690,758.00 in company stock.

Percentage Held by Insiders

13.10% 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.

CMT Stock Analysis - Frequently Asked Questions

How have CMT shares performed this year?

Core Molding Technologies' stock was trading at $17.30 at the start of the year. Since then, CMT stock has decreased by 7.7% and is now trading at $15.97.
View the best growth stocks for 2024 here.

How were Core Molding Technologies' earnings last quarter?

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) announced its quarterly earnings results on Tuesday, November, 5th. The industrial products company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.13. The industrial products company earned $72.99 million during the quarter, compared to analyst estimates of $71.57 million. Core Molding Technologies had a net margin of 4.95% and a trailing twelve-month return on equity of 10.76%.

Who are Core Molding Technologies' major shareholders?

Top institutional shareholders of Core Molding Technologies include Tieton Capital Management LLC (3.15%), Geode Capital Management LLC (1.95%), State Street Corp (1.76%) and Allspring Global Investments Holdings LLC (1.76%). Insiders that own company stock include David L Duvall, Eric Palomaki, John P Zimmer, Thomas R Cellitti, Andrew O Smith, Matthew Jauchius, James C Highfield, Renee R Anderson and Ralph O Hellmold.
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.

What other stocks do shareholders of Core Molding Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Core Molding Technologies investors own include NVIDIA (NVDA), Broadcom (AVGO), e.l.f. Beauty (ELF), Disc Medicine (IRON), Builders FirstSource (BLDR), Novo Nordisk A/S (NVO) and EMCOR Group (EME).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

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: +50.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.77
• Trailing P/E Ratio: 9.02
• Forward P/E Ratio: 9.74
• P/E Growth: N/A
• Net Income: $20.32 million
• Net Margins: 4.95%
• Pretax Margin: 5.98%
• Return on Equity: 10.76%
• Return on Assets: 7.12%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 2.41
• Quick Ratio: 1.98

Sales & Book Value

• Annual Sales: $357.74 million
• Price / Sales: 0.40
• Cash Flow: $3.69 per share
• Price / Cash Flow: 4.33
• Book Value: $16.51 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 8,960,000
• Free Float: 7,782,000
• Market Cap: $143.09 million
• Optionable: Not Optionable
• Beta: 1.69