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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 $17.18, down 1.09% from the previous day, and has decreased 25.79% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.16 percentage points. Core Molding Technologies stock is currently +17.35% from its 52-week low of $14.64, and -42.9% from its 52-week high of $30.09.

As of Jul 19, 2024, there are 9.14M shares of CMT outstanding. The market cap of CMT is $157.10M. In the last 24 hours, 15,752 CMT shares were traded.

How to Buy Core Molding Technologies Stock

Not sure how to invest in Core Molding Technologies stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

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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.

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Step 3: Fund your brokerage account

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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

CMT Price
$17.18
1w %
5.98%
1y %
-25.79%
5y %
145.43%
P/E
8.18x
P/B
1.1x
P/S
0.47x
PEG
0.07x
Revenue
$336.38M
Earnings
$18.23M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$157.10M
Next Earnings
Aug 6, 2024
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 8.18x, relative to Specialty Chemicals industry P/E ratio of 33.19x
  • CMT could be undervalued based on its P/B ratio of 1.1x, relative to Specialty Chemicals industry P/B ratio of 3.37x
  • CMT may be undervalued based on its PEG ratio of 0.07x

You can access additional valuation analysis on CMT's stock here.

CMT Financial Health Overview

Passed Financial Due Diligence Checks:

  • CMT earnings of $23.50M is not sufficient to cover its interest payments.
  • CMT's operating cash flow of $35.27M allows it to safely service it's debt of $22.69M.
  • 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 3.7% to 5.4% 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 0.49.

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.

You can dive deeper into what analysts are projecting on the Core Molding Technologies stock forecast page.

CMT Momentum

SMA10
16.45
SMA20
16.24
SMA50
17.52
SMA100
18.11
SMA200
19.08
MACD
0
MACD Signal
-0.3
MACD Histogram
0.3
RSI
53.89
Stochastic %K
76.88
Stochastic %D
82.93
StochRSI %K
82.69
StochRSI %D
90

CMT Performance Metrics

Last year, CMT earnings were $18.23M. In the past 3 year, CMT's earnings have increased by 160.34% per year. This was faster than the Specialty Chemicals industry average of 3.6%.

Last year, CMT revenue was $336.38M. During the past five year, CMT's revenue has increased by 3.83% per year. This was slower than the Specialty Chemicals industry average of 6.97%.

Find out more about CMT's earnings and revenue performance here.

Who is buying/selling CMT?

In the past 12 months, insiders at CMT have sold more shares than they have bought.

Matthew Jauchius, Director of CMT, was the latest CMT insider to sell. They sold $108,380.84 worth of CMT shares on Jun 18, 2024.

Learn more about who owns CMT shares here.

Can I rely on CMT as an income stream?

No, Core Molding Technologies doesn't provide an income stream by paying out dividends.

What others are saying about CMT

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Step 5: Place your CMT trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

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Step 6: Get key alerts regarding your investment in CMT

Now that you own some CMT stock, you'll want to stay up-to-date on your new shares.

Make a watchlist to keep track of your CMT stock.

CMT Feed

How to Buy Stock in Core Molding Technologies

To summarize, here are the 6 steps to buy stock in Core Molding Technologies:

  1. Decide where to buy Core Molding Technologies stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Core Molding Technologies stock
  5. Place your CMT trade
  6. Get key alerts regarding your investment in CMT

If you require a brokerage, eToro is our favorite venue.

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If you would like to keep track of your investment in Core Molding Technologies, create your watchlist below.

NYSEMKT: CMT
$17.18-0.19 (-1.09%)
Updated Jul 19, 2024
Open eToro Account
NYSEMKT: CMT
$17.18-0.19 (-1.09%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Core Molding Technologies share?

As of Jul 19, 2024, it costs $17.18 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 $8, you can buy 0.466 shares of CMT.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Core Molding Technologies stock?

According to 1 Wall Street analysts who monitor Core Molding Technologies, their consensus recommendation is to buy Core Molding Technologies stock.

What is the best way to buy Core Molding Technologies stock?

One way to place an order for Core Molding Technologies stock is with a brokerage account.
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.