Core Molding Technologies (NYSEAMERICAN:CMT) Stock Passes Above 50 Day Moving Average – What’s Next?

Posted by George Bondi on May 22nd, 2026

Shares of Core Molding Technologies Inc (NYSEAMERICAN:CMT – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $23.71 and traded as high as $24.05. Core Molding Technologies shares last traded at $23.40, with a volume of 21,658 shares.

Analyst Ratings Changes

Several brokerages recently weighed in on CMT. Roth Mkm upped their price target on Core Molding Technologies from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, March 11th. Zacks Research downgraded Core Molding Technologies from a “hold” rating to a “strong sell” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $24.00.

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Core Molding Technologies Stock Performance

The stock has a market capitalization of $209.42 million, a P/E ratio of 21.01 and a beta of 0.48. 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 business has a fifty day moving average price of $23.91 and a 200-day moving average price of $20.95.

Core Molding Technologies (NYSEAMERICAN:CMT – Get Free Report) last announced its earnings results on Tuesday, March 10th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.24. The business had revenue of $74.68 million for the quarter, compared to analysts’ expectations of $66.44 million. Core Molding Technologies had a return on equity of 6.15% and a net margin of 3.55%. On average, sell-side analysts expect that Core Molding Technologies Inc will post 1.07 EPS for the current year.

Core Molding Technologies declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 12th that permits the company to repurchase $7,500.00 billion in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 4,581,831.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in Core Molding Technologies by 83.8% in the third quarter. BNP Paribas Financial Markets now owns 1,673 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 763 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Core Molding Technologies by 70.8% in the fourth quarter. NewEdge Advisors LLC now owns 1,937 shares of the industrial products company’s stock worth $39,000 after buying an additional 803 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Core Molding Technologies in the fourth quarter worth about $43,000. JPMorgan Chase & Co. raised its stake in shares of Core Molding Technologies by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 4,703 shares of the industrial products company’s stock worth $78,000 after buying an additional 738 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Core Molding Technologies by 34.6% in the fourth quarter. Wells Fargo & Company MN now owns 10,096 shares of the industrial products company’s stock worth $202,000 after buying an additional 2,593 shares during the period. 58.79% of the stock is owned by hedge funds and other institutional investors.

About Core Molding Technologies

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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.