Core Molding Technologies (NYSEAMERICAN:CMT) Posts Quarterly Earnings Results, Beats Estimates By $0.18 EPS

Core Molding Technologies (NYSEAMERICAN:CMT) released its quarterly earnings data on Tuesday. The industrial products company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.18, FiscalAI reports. Core Molding Technologies had a return on equity of 4.67% and a net margin of 2.89%.The business had revenue of $62.73 million during the quarter, compared to the consensus estimate of $60.05 million.

Here are the key takeaways from Core Molding Technologies’ conference call:

• Commercial momentum continued, with $25.8 million in new business awards during the first half of fiscal 2026 and more than $112 million secured over the past two years. Management remains on track for its $50 million full-year awards target, with production revenue from these programs potentially exceeding $300 million in 2027.
• Core is becoming less dependent on trucking, as non-truck production sales increased 20.8% year over year. Building products revenue rose more than 35%, powersports grew 7%, and management expects truck volumes to improve in the second half of 2026.
• Second-quarter production sales declined 1.2% because medium- and heavy-duty truck sales fell 23%, while gross margin excluding a customer capacity charge was 19.4%. Adjusted EBITDA margin remained stable at 12.2%, but operating income declined to $2.3 million from $5.2 million due partly to Mexico expansion and succession-related expenses.
• The company completed its Monterrey, Mexico facility on time and on budget and is expanding its Matamoros plant with two additional 4,500-ton molding machines. Core ended the quarter with $12.1 million in cash and no debt, while an amended credit facility provides up to $100 million of borrowing capacity to support future growth.

Core Molding Technologies Stock Performance

CMT stock traded up $0.19 during midday trading on Thursday, hitting $24.64. The company’s stock had a trading volume of 8,855 shares, compared to its average volume of 28,754. The stock’s 50-day moving average price is $23.85 and its 200 day moving average price is $22.61. The company has a quick ratio of 1.95, a current ratio of 2.41 and a debt-to-equity ratio of 0.11. The stock has a market cap of $219.33 million, a price-to-earnings ratio of 28.65 and a beta of 0.44. Core Molding Technologies has a 1 year low of $16.60 and a 1 year high of $28.69.

Insiders Place Their Bets

In other news, Director Thomas R. Cellitti sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $24.77, for a total transaction of $74,310.00. Following the completion of the sale, the director owned 98,393 shares in the company, valued at $2,437,194.61. This trade represents a 2.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 9,900 shares of company stock valued at $242,320 in the last 90 days. 11.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Core Molding Technologies

Several large investors have recently added to or reduced their stakes in CMT. NewEdge Advisors LLC boosted its position in Core Molding Technologies by 70.8% during the fourth quarter. NewEdge Advisors LLC now owns 1,937 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 803 shares during the period. Empowered Funds LLC boosted its position in shares of Core Molding Technologies by 1.9% during the 4th quarter. Empowered Funds LLC now owns 51,283 shares of the industrial products company’s stock valued at $1,028,000 after acquiring an additional 967 shares during the last quarter. Bridgeway Capital Management LLC raised its position in shares of Core Molding Technologies by 0.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 107,484 shares of the industrial products company’s stock valued at $2,155,000 after buying an additional 967 shares in the last quarter. Barclays PLC lifted its position in Core Molding Technologies by 5.1% in the 4th quarter. Barclays PLC now owns 14,448 shares of the industrial products company’s stock worth $290,000 after buying an additional 695 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in Core Molding Technologies in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 58.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CMT. Roth Capital restated a “buy” rating and issued a $30.00 price target on shares of Core Molding Technologies in a research note on Wednesday. Zacks Research raised shares of Core Molding Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Core Molding Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.00.

About Core Molding Technologies

Core Molding Technologies is a publicly traded manufacturer specializing in engineered composite and polymer solutions for a wide array of industrial applications. The company’s core business includes the design, tooling and high-volume production of fiberglass-reinforced plastics, advanced polyurethane systems, structural composites and specialty coatings. Its products find use in commercial vehicles, off-highway equipment, defense, power sports, recreation and industrial markets.

Core Molding offers end-to-end services ranging from digital design and prototyping to mold fabrication, process development and full-scale manufacturing.