How to Buy Core Molding Technologies Stock
Core Molding Technologies Inc
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.
Our favorite brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal data to create your new trading account.
- Send your data by clicking the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have opened your account on our top ranked stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Evaluate Core Molding Technologies stock
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
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.
You can dive deeper into what analysts are saying on the Core Molding Technologies stock forecast page.
CMT Technicals
Is CMT Making Money?
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%.
Dive into CMT's earnings and revenue performance here.
What are CMT insiders up to?
In the past year, insiders at CMT have sold more shares than they have bought.
David L. Duvall, Chief Executive Officer of CMT, was the latest CMT insider to sell. They sold $420,450.00 worth of CMT stock on Sep 25, 2023.
Get more info about who owns CMT stock here.
Can I get consistent income from CMT stock?
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:
Step 6: Get key alerts regarding your investment in CMT
Now that you own some CMT shares, you'll want to keep up with your new investment.
Add CMT to a watchlist to get notified of important updates regarding your CMT stock.
CMT Feed
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How to Buy Stock in Core Molding Technologies
To summarize, here are the 6 steps for buying Core Molding Technologies stock:
- Decide where to buy Core Molding Technologies stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Core Molding Technologies stock
- Place your CMT trade
- Get key alerts regarding your investment in CMT
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Core Molding Technologies, get started below.
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