EF Hutton Maintains Buy on Core Molding Technologies, Raises Price Target to $27
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EF Hutton analyst Tim Moore maintains Core Molding Technologies (AMEX:CMT) with a Buy and raises the price target from $25 to $27.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2023 | $24.00 | Buy | ROTH MKM |
COLUMBUS, Ohio, Nov. 05, 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 September 30, 2024. Third Quarter 2024 Highlights Total net sales of $73.0 million decreased 15.8% compared to the prior year third quarter.Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior y
COLUMBUS, Ohio, Oct. 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 third quarter fiscal year 2024 results on Tuesday, November 5, 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, 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
SC 13D/A - CORE MOLDING TECHNOLOGIES INC (0001026655) (Subject)
SC 13G/A - CORE MOLDING TECHNOLOGIES INC (0001026655) (Subject)
SC 13G/A - CORE MOLDING TECHNOLOGIES INC (0001026655) (Subject)
COLUMBUS, Ohio, Nov. 14, 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 16th Annual Southwest IDEAS Conference in Dallas on November 21, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentation time is 4:10-4:45 PM CT on November 21st. The
COLUMBUS, Ohio, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company") announces today the planned transition and departure of John Zimmer, Chief Financial Officer, effective May 31, 2025. Mr. Zimmer's CFO role will transition to Alex J. Panda, effective June 1, 2025. The timing of Mr. Zimmer's departure will provide the Company with an orderly transition of leadership. Mr. Zimmer will continue to serve in an advisory capacity to ensure a smooth transition and to continue to evaluate potential acquisitions for the Company. "Management, with Board oversight, maintains a robust leadership development and succession program that
COLUMBUS, Ohio, Nov. 05, 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 September 30, 2024. Third Quarter 2024 Highlights Total net sales of $73.0 million decreased 15.8% compared to the prior year third quarter.Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior y
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
4 - CORE MOLDING TECHNOLOGIES INC (0001026655) (Issuer)
ROTH MKM initiated coverage of Core Molding Technologies with a rating of Buy and set a new price target of $24.00
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.
8-K - CORE MOLDING TECHNOLOGIES INC (0001026655) (Filer)
8-K - CORE MOLDING TECHNOLOGIES INC (0001026655) (Filer)
10-Q - CORE MOLDING TECHNOLOGIES INC (0001026655) (Filer)
COLUMBUS, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company") announced today that Mr. Alex Bantz has been appointed to the position of Chief Commercial Officer, effective immediately. "Appointing Alex Bantz to the newly created role of Chief Commercial Officer is a pivotal step in accelerating Core's revenue growth initiatives and strategically advancing our Invest for Growth strategy," said David Duvall, President and Chief Executive Officer. "Alex's impressive track record of success in sales and marketing leadership roles makes him the ideal person to lead the charge. He brings a long tenure and expertise of
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