Roth Capital Forecasts Core Molding Technologies Q4 Earnings

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) – Analysts at Roth Capital lowered their Q4 2024 earnings estimates for Core Molding Technologies in a research note issued on Wednesday, November 6th. Roth Capital analyst C. Moore now forecasts that the industrial products company will post earnings of $0.12 per share for the quarter, down from their previous forecast 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 shares of Core Molding Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 29th.

Core Molding Technologies Stock Performance

NYSEAMERICAN CMT opened at $16.78 on Thursday. Core Molding Technologies has a 12-month low of $14.64 and a 12-month high of $21.00. The stock has a market cap of $146.99 million, a price-to-earnings ratio of 8.83 and a beta of 1.69. 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 issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. The business had revenue of $72.99 million for 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 related news, CFO John P. Zimmer sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $18.64, for a total value of $37,280.00. Following the sale, the chief financial officer now owns 129,212 shares in the company, valued at $2,408,511.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Core Molding Technologies news, EVP Renee R. Anderson sold 11,380 shares of Core Molding Technologies stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $17.89, for a total value of $203,588.20. Following the completion of the transaction, the executive vice president now directly owns 52,799 shares of the company’s stock, valued at approximately $944,574.11. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John P. Zimmer sold 2,000 shares of the company’s 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 completion of the transaction, the chief financial officer now owns 129,212 shares in the company, valued at approximately $2,408,511.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 73,411 shares of company stock worth $1,333,020. 13.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CMT. Ashton Thomas Private Wealth LLC bought a new position in Core Molding Technologies during the second quarter valued at approximately $27,000. LSV Asset Management bought a new position in shares of Core Molding Technologies during the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio bought a new position in shares of Core Molding Technologies during the 1st quarter valued at $155,000. Rhumbline Advisers boosted its stake in shares of Core Molding Technologies by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock worth $178,000 after buying an additional 866 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Core Molding Technologies by 4.9% in the first quarter. BNP Paribas Financial Markets now owns 12,593 shares of the industrial products company’s stock worth $238,000 after acquiring an additional 593 shares during the period. 58.79% of the stock is owned by institutional investors.

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.