Core Molding Technologies

CMT · NYSE American

$22.56+$0.12 (+0.53%)TodayMarket closed · Oct 20, 8:00 PM ET

Prev close $22.44

CMT analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 2 analysts

Average $30.60 (+35.6% upside)

Low: $30.30
Now: $22.56
High: $31.50

Upgrades and downgrades

The latest rating actions, newest first

CMT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Roth Capital	Mar 11, 2026	Maintains	Buy	$22.00 → $24.00	46%

The case for and against

Updated Nov 8, 2024

Bull case

Core Molding Technologies Inc. is projected to achieve substantial earnings growth, maintaining a forecasted EPS of $2.59 for the upcoming year, driven by anticipated sales growth of 12% and subsequent gross margin expansion. In 2025, the company is expected to sustain a strong growth trajectory with an adjusted EPS forecast of $2.58, benefiting from a 10% sales increase and effective cost management, which will aid in EBITDA margin expansion. The strategic focus on lightweight and durable molded products positions CMT favorably within the engineered materials market, enhancing its competitive edge and potential for continued market share gains.

Bear case

Core Molding Technologies Inc. is projecting a 9% decline in sales for the current year, amounting to $326 million, which is 2% worse than previous forecasts. The company's earnings per share (EPS) are expected to drop significantly, with projections of $1.86 for 2024 reflecting a 20% decline year-over-year, influenced by a challenging comparative year and the unwinding of certain sales programs. Furthermore, adjusted EBITDA is forecasted to remain stagnant at $39 million, paralleling the declining EPS trend and highlighting ongoing operational challenges and pressures on gross margins.

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