Core Molding Technologies Stock Filter Stocks by Fundamentals
| CMT Stock | USD 19.19 0.38 1.94% |
Core Molding Technologies fundamentals help investors to digest information that contributes to Core Molding's financial success or failures. It also enables traders to predict the movement of Core Stock. The fundamental analysis module provides a way to measure Core Molding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Core Molding stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 2.87 | 3.01 |
Core | Cash per Share |
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Core Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.082 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 171.66 M | |||
| Shares Outstanding | 9.15 M | |||
| Shares Owned By Insiders | 13.89 % | |||
| Shares Owned By Institutions | 61.25 % | |||
| Number Of Shares Shorted | 362.33 K | |||
| Price To Earning | 11.19 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 0.44 X | |||
| Revenue | 357.74 M | |||
| Gross Profit | 52.4 M | |||
| EBITDA | 37.43 M | |||
| Net Income | 20.24 M | |||
| Cash And Equivalents | 4.18 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 26.8 M | |||
| Debt To Equity | 0.33 % | |||
| Current Ratio | 1.42 X | |||
| Book Value Per Share | 16.05 X | |||
| Cash Flow From Operations | 34.84 M | |||
| Short Ratio | 6.76 X | |||
| Earnings Per Share | 2.31 X | |||
| Target Price | 25.5 | |||
| Number Of Employees | 1.86 K | |||
| Beta | 1.66 | |||
| Market Capitalization | 179.05 M | |||
| Total Asset | 213.38 M | |||
| Retained Earnings | 122.07 M | |||
| Working Capital | 56.69 M | |||
| Current Asset | 62.68 M | |||
| Current Liabilities | 31.15 M | |||
| Net Asset | 213.38 M |
About Core Molding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Core Molding Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Core Molding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Core Molding Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Core Molding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Core Molding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Core Molding will appreciate offsetting losses from the drop in the long position's value.Moving against Core Stock
| 0.63 | WDFC | WD 40 Company Financial Report 8th of July 2024 | PairCorr |
| 0.55 | CC | Chemours Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Core Molding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Molding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Core Molding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Core Molding Technologies to buy it.
The correlation of Core Molding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Core Molding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Molding Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Core Molding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Core Molding Piotroski F Score and Core Molding Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.