Core Molding Stock Target Price and Analyst Consensus

CMT Stock  USD 16.61  0.42  2.47%   
The current analyst and expert consensus on Core Molding is Strong Buy, with only one strong buy opinion. The current projected Core Molding target price consensus is 28.00 with 2 analyst opinions. The most common way Core Molding Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Core Molding executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Core Molding. We encourage you to use your own analysis of Core Molding Technologies to validate this buy or sell advice. Core Molding buy-or-sell recommendation module provides average expert sentiment on the projected Core Molding Technologies target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Core Molding to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
25.48
Highest Forecast
31.08
Target Price
28
At this time, Core Molding's Gross Profit is comparatively stable compared to the past year. Net Profit Margin is likely to gain to 0.06 in 2024, whereas Pretax Profit Margin is likely to drop 0.05 in 2024. At this time, Core Molding's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 5.2 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 6.9 M in 2024.
  
It's important to approach Core Molding's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Core Molding Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Core target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Core Molding's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   2  Strong Buy
Most Core analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Core stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Core Molding Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Core Molding Target Price Projection

Core Molding's current and average target prices are 16.61 and 28.00, respectively. The current price of Core Molding is the price at which Core Molding Technologies is currently trading. On the other hand, Core Molding's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Core Molding Market Quote on 11th of June 2024

Low Price16.52Odds
High Price16.95Odds

16.61

Target Price

Analyst Consensus On Core Molding Target Price

Low Estimate25.48Odds
High Estimate31.08Odds

28.0

Historical Lowest Forecast  25.48 Target Price  28.0 Highest Forecast  31.08
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Core Molding Technologies and the information provided on this page.

Core Molding Analyst Ratings

Core Molding's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Core Molding stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Core Molding's financials, market performance, and future outlook by experienced professionals. Core Molding's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Core Molding price targets

Core Molding's stock target price is an estimate of its future price, usually made by analysts. Using Core Molding's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Core Molding's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Core Molding's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Core Molding Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Core Molding is a key component of Core Molding valuation and have some predictive power on the future returns of a Core Molding.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Core Molding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.9517.0320.11
Details
Intrinsic
Valuation
LowRealHigh
14.7317.8020.89
Details
Naive
Forecast
LowNextHigh
13.1216.2019.28
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.420.420.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Core Molding. Your research has to be compared to or analyzed against Core Molding's peers to derive any actionable benefits. When done correctly, Core Molding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Core Molding Technologies.

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Additional Tools for Core Stock Analysis

When running Core Molding's price analysis, check to measure Core Molding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Molding is operating at the current time. Most of Core Molding's value examination focuses on studying past and present price action to predict the probability of Core Molding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Molding's price. Additionally, you may evaluate how the addition of Core Molding to your portfolios can decrease your overall portfolio volatility.