Core Molding Technologies, Inc., together with its subsidiaries, engages in the molding of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compounds, bulk molding compounds, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, glass mat thermoplastics, direct long-fiber thermoplastics, and structural foam and web injection molding, as well as reaction injection molding utilizing dicyclopentadiene technology. It serves various markets, including medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.
IPO Year: 1996
Exchange: AMEX
Website: coremt.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/5/2023 | $24.00 | Buy | ROTH MKM |
COLUMBUS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), announced today that Salvador Miñarro has been appointed to its Board of Directors. Mr. Miñarro is the Chief Executive Officer of Darnel Group, a global leader in the production of high-quality, food-grade sustainable packaging solutions and a pioneer in post-consumer recycled material. Prior to the Darnel Group Mr. Miñarro was the President and Chief Executive Officer of Vitro Automotive and also held executive positions in operations, sales and finance at Libbey, Inc. Mr. Miñarro has an executive MBA from Instituto Panamericano de Alta Dirección de Empre
COLUMBUS, Ohio, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the 15th Annual Midwest IDEAS Conference in Chicago on August 28, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentation time is 10:45-11:20 AM CT on August 28th. The pr
COLUMBUS, Ohio, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2024. Second Quarter 2024 Highlights Total net sales of $88.7 million decreased 9.2% compared to the prior year second quarter.Gross margin of $17.7 million, or 20.0% of net sales, compared to 21.0% of net sales in the prior y
COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal year 2024 results on Tuesday, August 6, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the 14th Annual East Coast IDEAS Conference at the Jay Conference Center – Bryant Park in New York City on June 13, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentatio
COLUMBUS, Ohio, May 08, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the EF Hutton Annual Global Conference at The Plaza Hotel in New York City on May 15, 2024. Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company's invest
COLUMBUS, Ohio, May 07, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Total net sales of $78.1 million decreased 21.5% compared to the prior year first quarter. Sequentially, first quarter net sales improved by 5.9%, up from $73.8 million in the 2023 fourth quarter.Gr
COLUMBUS, Ohio, April 29, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada, and Mexico today announced the release of its second annual Sustainability Report, which focuses on its Environmental, Social, and Governance (ESG) approach and strategies. Dave Duvall, the Company's President, and Chief Executive Officer, commented, "We are excited to publish our second annual Sustainability Report
COLUMBUS, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal year 2024 results on Tuesday, May 7, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask to join
COLUMBUS, Ohio, April 16, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company") announced it was presented with BRP's Gold Supplier Award based on excellence in quality, manufacturing, and logistics related to its Sea-Doo boat and personal watercraft models. BRP awards the Gold Supplier Award to suppliers that have provided excellent customer service and technical support. The award is based on several criteria: on-time deliveries, quality, zero line stoppages, zero retrofits, and zero warranty concerns. A team of BRP executives chooses a recipient who exemplifies excellence in quality, manufacturing, and logistics. The award recogni
COLUMBUS, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), announced today that Eric L. Palomaki has been promoted to Chief Operating Officer ("COO"). In his new role as COO, Mr. Palomaki will assume responsibility for the procurement function within Core Molding along with his current responsibilities of leading the company's day-to-day operations, driving operational excellence, program management, growing the research and development program, and implementing strategic initiatives to accelerate growth further and enhance operational efficiency. Mr. Palomaki brings a wealth of experience and expertise to
ROTH MKM initiated coverage of Core Molding Technologies with a rating of Buy and set a new price target of $24.00
COLUMBUS, Ohio, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2024. Second Quarter 2024 Highlights Total net sales of $88.7 million decreased 9.2% compared to the prior year second quarter.Gross margin of $17.7 million, or 20.0% of net sales, compared to 21.0% of net sales in the prior y
COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal year 2024 results on Tuesday, August 6, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, May 07, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Total net sales of $78.1 million decreased 21.5% compared to the prior year first quarter. Sequentially, first quarter net sales improved by 5.9%, up from $73.8 million in the 2023 fourth quarter.Gr
COLUMBUS, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal year 2024 results on Tuesday, May 7, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask to join
COLUMBUS, Ohio, March 12, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today reported financial and operating results for the fiscal periods ended December 31, 2023. Fiscal Year 2023 Highlights Net sales of $357.7 million, down 5.2% from $377.4 million in the prior year; and product sales of $347.4 million, down 3.2% from the prior year. Sales declined primarily due to lower e
COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and fiscal year 2023 results on Tuesday, March 12, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask t
COLUMBUS, Ohio, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2023. Third Quarter 2023 Highlights Net sales of $86.7 million, compared to $101.6 million in the prior year; and product sales of $80.9 million, down 12.4% from the prior year. Product sales increased by 19.6% on a cumulative ba
COLUMBUS, Ohio, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal 2023 results on Tuesday, November 7, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask t
COLUMBUS, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2023. Second Quarter 2023 Highlights Net sales of $97.7 million, compared to $98.7 million in the prior year; and product sales of $95.7 million, up 2.6% from the prior year.Gross margin of $20.6 million, or 21.0% of net sales, compar
COLUMBUS, Ohio, July 20, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal 2023 results on Tuesday, August 8, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask to join t
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
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EF Hutton analyst Tim Moore maintains Core Molding Technologies (AMEX:CMT) with a Buy and maintains $27 price target.
Core Molding Technologies (AMEX:CMT) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.28 by 53.57 percent. This is a 34.85 percent decrease over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $78.14 million which beat the analyst consensus estimate of $77.69 million by 0.59 percent. This is a 21.47 percent decrease over sales of $99.51 million the same period last year.
EF Hutton analyst Tim Moore maintains Core Molding Technologies (AMEX:CMT) with a Buy and raises the price target from $25 to $27.
Core Molding Technologies (AMEX:CMT) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.06 by 316.67 percent. This is a 56.14 percent decrease over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $73.78 million which beat the analyst consensus estimate of $70.75 million by 4.28 percent. This is a 14.65 percent decrease over sales of $86.44 million the same period last year.
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Core Molding Technologies (AMEX:CMT) is set to give its latest quarterly earnings report on Tuesday, 2024-03-12. Here's what investors need to know before the announcement. Analysts estimate that Core Molding Technologies will report an earnings per share (EPS) of $0.06. Core Molding Technologies bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.03, which was foll
Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that its Board of Directors authorized a stock repurchase program of up to $7,500,000 of the Company's issued and outstanding common stock, par value $1.00 per share. "The combination of the Company's operational performance and the strength of the balance sheet enables the Company to allocate capital to the repurchase of Company shares while also alloc
Roth MKM analyst Chip Moore initiates coverage on Core Molding Technologies (AMEX:CMT) with a Buy rating and announces Price Target of $24.
EF Hutton analyst Chip Moore maintains Core Molding Technologies (AMEX:CMT) with a Buy and lowers the price target from $28 to $25.