Roth Capital Predicts Core Molding Technologies Q4 Earnings

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) – Research analysts at Roth Capital decreased their Q4 2024 earnings per share estimates for Core Molding Technologies in a research report issued on Wednesday, November 6th. Roth Capital analyst C. Moore now anticipates that the industrial products company will earn $0.12 per share for the quarter, down from their prior 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 report on Monday, July 29th.

Core Molding Technologies Stock Up 10.1 %

NYSEAMERICAN:CMT opened at $16.91 on Thursday. The stock has a market cap of $148.13 million, a PE ratio of 8.90 and a beta of 1.69. Core Molding Technologies has a 1 year low of $14.64 and a 1 year high of $21.00. The company has a quick ratio of 1.86, a current ratio of 2.28 and a debt-to-equity ratio of 0.14.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.23 by $0.13. The firm had revenue of $72.99 million for the quarter, compared to analyst estimates of $71.57 million. Core Molding Technologies had a return on equity of 12.14% and a net margin of 5.11%.

Insider Buying and Selling

In other Core Molding Technologies news, CFO John P. Zimmer sold 13,653 shares of Core Molding Technologies stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $18.30, for a total value of $249,849.90. Following the sale, the chief financial officer now owns 115,559 shares of the company’s stock, valued at approximately $2,114,729.70. The trade was 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. In other Core Molding Technologies news, EVP Renee R. Anderson sold 11,380 shares of Core Molding Technologies stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $17.89, for a total value of $203,588.20. Following the sale, the executive vice president now owns 52,799 shares of the company’s stock, valued at approximately $944,574.11. The trade was 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 Core Molding Technologies stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $18.30, for a total transaction of $249,849.90. Following the sale, the chief financial officer now owns 115,559 shares of the company’s stock, valued at approximately $2,114,729.70. The trade was a 0.00 % decrease in their ownership of the stock. 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 over the last quarter. 13.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Core Molding Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Core Molding Technologies by 12.8% during the 1st quarter. Vanguard Group Inc. now owns 434,726 shares of the industrial products company’s stock worth $8,229,000 after purchasing an additional 49,501 shares during the last quarter. Tieton Capital Management LLC raised its position in shares of Core Molding Technologies by 151.9% during the 2nd quarter. Tieton Capital Management LLC now owns 177,521 shares of the industrial products company’s stock worth $2,830,000 after purchasing an additional 107,041 shares during the last quarter. American Century Companies Inc. raised its position in shares of Core Molding Technologies by 19.1% during the 2nd quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock worth $2,821,000 after purchasing an additional 28,376 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Core Molding Technologies by 9.2% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company’s stock worth $2,681,000 after purchasing an additional 14,181 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. raised its position in shares of Core Molding Technologies by 10.4% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 149,320 shares of the industrial products company’s stock worth $2,570,000 after purchasing an additional 14,039 shares during the last quarter. 58.79% of the stock is currently owned by institutional investors and hedge funds.

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.