Core Molding Technologies, Inc. engages in the manufacture of sheet molding compound; and molding of fiberglass reinforced plastics.
Core Molding Technologies stock last closed at $27.33, down 1.05% from the previous day, and has increased 181.46% in one year. It has overperformed other stocks in the Specialty Chemicals industry by 1.7 percentage points. Core Molding Technologies stock is currently +212.7% from its 52-week low of $8.74, and -3.56% from its 52-week high of $28.34.
As of Sep 26, 2023, there are 9M shares of CMT outstanding. The market cap of CMT is $246.00M. In the last 24 hours, 97,298 CMT shares were traded.
How to Buy Core Molding Technologies Stock
Not sure how to invest in Core Molding Technologies stock? Here's how.
Decide where to buy Core Molding Technologies stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Core Molding Technologies stock.
Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Fund your brokerage account: Select your payment method and add your info.
Evaluate Core Molding Technologies stock: The Core Molding Technologies ticker symbol is CMT. Is Core Molding Technologies stock a good investment? Should you buy shares of CMT? How do CMT's underlying business fundamentals look? Do top analysts think Core Molding Technologies is a good buy? Why has CMT's stock price moved recently? (Hint: Our stock market analysis website can help you understand if CMT is a good stock to buy).
Place your CMT trade: Decide if you will purchase CMT shares at the current market price or use a limit order to buy CMT stock at a particular price.
Get key alerts regarding your investment in CMT: Create a watchlist to the latest updates on your position in Core Molding Technologies shares.
Step 1: Decide where to buy Core Molding Technologies stock
You will need an online brokerage account in order to access the NYSEMKT market and buy CMT shares.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
Invest in stocks with 0% commissions: Invest without commissions.
Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
Access to world markets: From Technology to Healthcare, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to buy CMT today.
Once you have selected the best place to buy Core Molding Technologies stock, it's absolutely critical to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Core Molding Technologies quick stats
CMT Price
$27.33
1w %
8.45%
1y %
181.46%
5y %
296.09%
P/E
11.63x
P/B
1.89x
P/S
0.64x
PEG
0.34x
Revenue
$385.28M
Earnings
$19.94M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$246.00M
Next Earnings
Nov 6, 2023
Next Dividend
N/A
Fundamentals of Core Molding Technologies
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CMT's stock page.
Is CMT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CMT's true value.
Using relative valuations metrics:
CMT may be undervalued based on its P/E ratio of 11.63x, relative to Specialty Chemicals industry P/E ratio of 25.07x
CMT could be undervalued based on its P/B ratio of 1.89x, relative to Specialty Chemicals industry P/B ratio of 3x
CMT may be undervalued based on its PEG ratio of 0.34x
You can access additional valuation analysis on CMT's stock here.
CMT Financial Health Overview
Passed Financial Due Diligence Checks:
CMT earnings of $24.34M is not sufficient to cover its interest payments.
CMT's operating cash flow of $34.94M allows it to safely service it's debt of $23.59M.
There are more short-term assets than short-term liabilities on the CMT balance sheet.
Total CMT debt is lower than 5 years ago, relative to shareholder equity.
CMT profit margin has gone up from 0.9% to 5.2% in the past year.
There are more short-term assets than long-term liabilities on the CMT balance sheet.
Failed Financial Due Diligence Checks:
CMT has a relatively high debt to equity ratio of 0.64.
Do Wall Street analysts think it's a good time to buy CMT stock
Out of 1 Equities analysts who give forecasts on CMT, the consensus analyst rating on CMT is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent CMT Analyst Forecasts
Chip Moore, a top 13% analyst from EF Hutton reiterates CMT with a strong buy rating and raises their CMT price target from $26.00 to $28.00, on Aug 8, 2023.
Last year, CMT earnings were $19.94M. In the last five year, CMT's earnings have grown by 47.2% per year. This was faster than the Specialty Chemicals industry average of 10.3%.
Last year, CMT revenue was $385.28M. During the last five year, CMT's revenue has grown by 12.99% per year. This was faster than the Specialty Chemicals industry average of 8.02%.
No, Core Molding Technologies doesn't provide an income stream by paying out dividends.
CMT Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your CMT trade
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are usually the best for newer investors.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need additional info about buying stocks on eToro, watch the how to video below:
How much does it cost to buy one Core Molding Technologies share?
As of Sep 26, 2023, it costs $27.33 to buy one share of Core Molding Technologies stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.366 shares of CMT.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.