12 Month Price Forecast For CMT
Distance to CMT Price Forecasts
CMT Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 10:08 AM UTC
CMT Analyst Ratings & Price Targets
Based on our analysis of 3 Wall Street analysts, CMT has a consensus that is bullish. The median price target is $24.00, with forecasts ranging from $24.00 to $24.00. Currently, there are 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With CMT currently trading at $16.13, the median price forecast suggests a 48.8% upside. The most optimistic forecast comes from Chip Moore at Roth MKM, projecting a 48.8% upside, while Chip Moore at Roth MKM provides the most conservative target, suggesting a 48.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CMT Analyst Consensus
CMT Price Target Range
Latest CMT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CMT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 8, 2024 | EF Hutton | Tim Moore | Buy | Maintains | $27.00 |
| Mar 13, 2024 | EF Hutton | Tim Moore | Buy | Maintains | $27.00 |
| Dec 5, 2023 | Roth MKM | Chip Moore | Buy | Initiates | $24.00 |
| Nov 7, 2023 | EF Hutton | Chip Moore | Buy | Maintains | $25.00 |
| Aug 8, 2023 | EF Hutton | Chip Moore | Buy | Reiterates | $28.00 |
| Jul 6, 2023 | EF Hutton | Chip Moore | Buy | Assumes | $26.00 |
| May 10, 2023 | EF Hutton | Chip Moore | Buy | Maintains | $22.00 |
| Mar 14, 2023 | EF Hutton | Chip Moore | Buy | Maintains | $19.00 |
| Aug 10, 2022 | EF Hutton | Chip Moore | Buy | Maintains | $16.00 |
| Jul 18, 2022 | EF Hutton | Buy | Initiates | $0.00 |
Core Molding Technologies Inc (CMT) Financial Data
Core Molding Technologies Inc has a market capitalization of $143.91M with a P/E ratio of 9.2x. The company generates $313.66M in trailing twelve-month revenue with a 4.9% profit margin.
Revenue growth is -15.8% quarter-over-quarter, while maintaining an operating margin of +5.7% and return on equity of +11.0%.
Valuation Metrics
Growth & Margins
Financial Health
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Core Molding Technologies Inc (CMT) Company Overview
About Core Molding Technologies Inc
Manufacturer of thermoplastic and thermoset products.
The company generates revenue through the molding of structural products using various manufacturing processes, including compression and resin transfer molding. Its diverse client base spans multiple sectors such as automotive, construction, and industrial markets, allowing for a steady income stream from different industries.
Founded in 1996 and headquartered in Columbus, Ohio, the company has expanded its operations internationally, serving clients in the United States, Mexico, and Canada. Originally known as Core Materials Corporation, it rebranded in 2002 to reflect its focus on molding technologies.
Company Information
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
1,857
CEO
Mr. David L. Duvall
Country
United States
IPO Year
1988
Website
www.coremt.comCore Molding Technologies Inc (CMT) Latest News & Analysis
Core Molding Technologies to Present and Host 1x1 Meetings at the 16th Annual Southwest IDEAS Conference on November 21, 2024
29 days agoCore Molding Technologies, Inc. (NYSE American: CMT) executives will present at the 16th Annual Southwest IDEAS Conference in Dallas on November 21, 2024.
Core Molding's participation in a notable industry conference may signal strategic initiatives, potential partnerships, or investor engagement, impacting stock performance and market perception.
Core Molding Technologies, Inc. (CMT) Q3 2024 Earnings Call Transcript
1 month agoCore Molding Technologies, Inc. will hold its Q3 2024 earnings conference call on November 5, 2024, at 10:00 AM ET, featuring key executives and analysts.
Core Molding Technologies' Q3 earnings call will provide insights into financial performance and future outlook, influencing stock valuation and investor sentiment.
Core Molding Technologies (CMT) Surpasses Q3 Earnings and Revenue Estimates
1 month agoCore Molding Technologies reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.23, but down from $0.53 per share year-over-year.
CMT's earnings beat expectations, indicating strong performance and potential growth. However, the year-over-year decline in earnings could raise concerns about future profitability.
Core Molding Technologies Appoints Alex Bantz as Chief Commercial Officer to Lead Strategic Expansion
1 month agoCore Molding Technologies, Inc. has appointed Mr. Alex Bantz as Chief Commercial Officer, effective immediately, as announced on October 28, 2024.
Leadership changes can impact company strategy and performance, influencing investor confidence and stock price. The appointment of a new CCO may signal shifts in commercial direction.
Thermo Compression Forming Market Global Forecast to 2029, with Leading Player Profiles for Flextech, Janco, Formed Solutions, Core Molding Technologies and More
2 months agoThe Thermo Compression Forming Market is projected to grow from USD 11 billion in 2024 to USD 13.37 billion by 2029, with a CAGR of 4.0%. North America is expected to lead in market value.
Growth in the Thermo Compression Forming Market indicates rising demand across multiple industries, suggesting investment opportunities in manufacturing and materials sectors, particularly in North America.
Core Molding Technologies to Present and Host 1x1 Meetings at the 15th Annual Midwest IDEAS Conference on August 28, 2024
3 months agoCore Molding Technologies, Inc. will participate in the 15th Annual Midwest IDEAS Conference in Chicago on August 28, 2024, with CEO David Duvall and CFO John Zimmer attending.
Core Molding's participation in a major conference highlights its visibility and potential investor interest, potentially impacting stock performance and market perception.
Frequently Asked Questions About CMT Stock
What is Core Molding Technologies Inc's (CMT) stock forecast for 2025?
Based on our analysis of 3 Wall Street analysts, Core Molding Technologies Inc (CMT) has a median price target of $24.00. The highest price target is $24.00 and the lowest is $24.00.
Is CMT stock a good investment in 2025?
According to current analyst ratings, CMT has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.13. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CMT stock?
Wall Street analysts predict CMT stock could reach $24.00 in the next 12 months. This represents a 48.8% increase from the current price of $16.13. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Core Molding Technologies Inc's business model?
The company generates revenue through the molding of structural products using various manufacturing processes, including compression and resin transfer molding. Its diverse client base spans multiple sectors such as automotive, construction, and industrial markets, allowing for a steady income stream from different industries.
What is the highest forecasted price for CMT Core Molding Technologies Inc?
The highest price target for CMT is $24.00 from Chip Moore at Roth MKM, which represents a 48.8% increase from the current price of $16.13.
What is the lowest forecasted price for CMT Core Molding Technologies Inc?
The lowest price target for CMT is $24.00 from Chip Moore at Roth MKM, which represents a 48.8% increase from the current price of $16.13.
What is the overall CMT consensus from analysts for Core Molding Technologies Inc?
The overall analyst consensus for CMT is bullish. Out of 3 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $24.00.
How accurate are CMT stock price projections?
Stock price projections, including those for Core Molding Technologies Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
