Core Molding Technologies, Inc. (CMT)
NYSEAMERICAN: CMT · IEX Real-Time Price · USD
15.91
+0.33 (2.12%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Core Molding Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CMT stock have an average target of 25.5, with a low estimate of 24 and a high estimate of 27. The average target predicts an increase of 60.28% from the current stock price of 15.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for CMT stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
EF Hutton | EF Hutton | Strong Buy Maintains $27 | Strong Buy | Maintains | $27 | +69.70% | May 8, 2024 |
EF Hutton | EF Hutton | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +69.70% | Mar 13, 2024 |
Roth MKM | Roth MKM | Strong Buy Initiates $24 | Strong Buy | Initiates | $24 | +50.85% | Dec 5, 2023 |
EF Hutton | EF Hutton | Strong Buy Maintains $28 → $25 | Strong Buy | Maintains | $28 → $25 | +57.13% | Nov 7, 2023 |
EF Hutton | EF Hutton | Strong Buy Reiterates $26 → $28 | Strong Buy | Reiterates | $26 → $28 | +75.99% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
322.15M
from 357.74M
Decreased by -9.95%
Revenue Next Year
356.80M
from 322.15M
Increased by 10.76%
EPS This Year
1.79
from 2.31
Decreased by -22.39%
EPS Next Year
2.44
from 1.79
Increased by 36.34%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 342.0M | 382.6M |
Avg | 322.2M | 356.8M |
Low | 306.0M | 335.3M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -4.4% | 18.8% |
Avg | -9.9% | 10.8% |
Low | -14.5% | 4.1% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 2.05 | 2.72 |
Avg | 1.79 | 2.44 |
Low | 1.57 | 2.21 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -11.4% | 51.7% |
Avg | -22.4% | 36.3% |
Low | -32.1% | 23.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.