Core Molding Technologies Stock Today
| CMT Stock | USD 19.57 0.23 1.19% |
Performance5 of 100
| Odds Of DistressLess than 4
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Core Molding is selling for under 19.57 as of the 23rd of April 2024; that is 1.19 percent up since the beginning of the trading day. The stock's last reported lowest price was 19.1. Core Molding has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Core Molding Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 16th of September 1988 | Category Basic Materials |
Core Molding Technologies, Inc., together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio. Core Molding operates under Specialty Chemicals classification in the United States and is traded on AMEX Exchange. The company has 9.15 M outstanding shares of which 362.33 K shares are currently shorted by investors with about 6.76 days to cover. More on Core Molding Technologies
Moving against Core Stock
| 0.62 | WDFC | WD 40 Company Financial Report 8th of July 2024 | PairCorr |
| 0.56 | CC | Chemours Earnings Call This Week | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 14th of May 2024
Core Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Core Molding's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Core Molding or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Kevin Barnett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Rubber and Plastic Products (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [CASCADE MICROTECH, Cott Oil And Gas Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commodity Chemicals, Specialty Chemicals, Basic Materials, Rubber and Plastic Products, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Core Molding report their recommendations after researching Core Molding's financial statements, talking to executives and customers, or listening in on Core Molding's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Core Molding Technologies. The Core consensus assessment is calculated by taking the average forecast from all of the analysts covering Core Molding. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Core Molding's historical financial statements, Core Molding Technologies is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Core Molding Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Core Molding's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Core Molding's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Core Molding's financial leverage. It provides some insight into what part of Core Molding's total assets is financed by creditors.
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Core Molding Technologies (CMT) is traded on NYSE MKT Exchange in USA. It is located in 800 Manor Park Drive, Columbus, OH, United States, 43228-0183 and employs 1,857 people. Core Molding is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 176.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Core Molding's market, we take the total number of its shares issued and multiply it by Core Molding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Core Molding Technologies runs under Chemicals sector within Materials industry. The entity has 9.15 M outstanding shares of which 362.33 K shares are currently shorted by investors with about 6.76 days to cover.
Core Molding Technologies has about 4.18 M in cash with 34.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Core Molding Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Core Molding Technologies is $176.95 Million. Over half of Core Molding's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Core Molding. Please watch out for any change in the institutional holdings of Core Molding Technologies as this could mean something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Core Ownership Details
Core Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Core Molding jumping above the current price in 90 days from now is about 5.13%. The Core Molding Technologies probability density function shows the probability of Core Molding stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8512 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Core Molding will likely underperform. Additionally, core Molding Technologies has an alpha of 0.0298, implying that it can generate a 0.0298 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Core Molding to move above the current price in 90 days from now is about 5.13 (This Core Molding Technologies probability density function shows the probability of Core Stock to fall within a particular range of prices over 90 days) .
Core Molding Historical Income Statement
Core Molding Technologies Income Statement is one of the three primary financial statements used for reporting Core's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Core Molding Technologies revenue and expense. Core Molding Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Core Molding's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.2 M in 2024, whereas Cost Of Revenue is likely to drop slightly above 151.2 M in 2024. View More FundamentalsCore Stock Against Markets
Picking the right benchmark for Core Molding stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Core Molding stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Core Molding is critical whether you are bullish or bearish towards Core Molding Technologies at a given time. Please also check how Core Molding's historical prices are related to one of the top price index indicators.
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Core Molding Corporate Directors
Core Molding corporate directors refer to members of a Core Molding board of directors. The board of directors generally takes responsibility for the Core Molding's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Core Molding's board members must vote for the resolution. The Core Molding board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| James Crowley | Independent Director | Profile | |
| Matthew Jauchius | Independent Director | Profile | |
| Ralph Hellmold | Independent Director | Profile | |
| Andrew Smith | Independent Director | Profile |
How to buy Core Stock?
Before investing in Core Molding, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Core Molding. To buy Core Molding stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Core Molding. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Core Molding stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Core Molding Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Core Molding Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Core Molding Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Core Stock please use our How to Invest in Core Molding guide.
Already Invested in Core Molding Technologies?
The danger of trading Core Molding Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Core Molding is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Core Molding. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Core Molding Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Core Molding Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Core Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Core Molding Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Core Molding Technologies Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary 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.
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Is Core Molding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Core Molding. If investors know Core will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Core Molding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share 2.31 | Revenue Per Share 41.841 | Quarterly Revenue Growth (0.15) | Return On Assets 0.082 |
The market value of Core Molding Technologies is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Molding's value that differs from its market value or its book value, called intrinsic value, which is Core Molding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Core Molding's market value can be influenced by many factors that don't directly affect Core Molding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Core Molding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Molding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Molding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.