Core Molding Technologies, Inc. (CMT)
NYSEAMERICAN: CMT · IEX Real-Time Price · USD
19.84
+1.18 (6.32%)
Apr 26, 2024, 2:31 PM EDT - Market open
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 28.53% from the current stock price of 19.84.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 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 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +36.09% | Mar 13, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $24 | Strong Buy | Initiates | $24 | +20.97% | Dec 5, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $28 → $25 | Strong Buy | Maintains | $28 → $25 | +26.01% | Nov 7, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $26 → $28 | Strong Buy | Reiterates | $26 → $28 | +41.13% | Aug 8, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $26 | Strong Buy | Initiates | $26 | +31.05% | Jul 6, 2023 |
Financial Forecast
Revenue This Year
327.46M
from 357.74M
Decreased by -8.46%
Revenue Next Year
360.07M
from 327.46M
Increased by 9.96%
EPS This Year
1.54
from 2.31
Decreased by -33.54%
EPS Next Year
2.26
from 1.54
Increased by 47.37%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 349.2M | 384.2M |
| Avg | 327.5M | 360.1M |
| Low | 309.5M | 340.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -2.4% | 17.3% |
| Avg | -8.5% | 10.0% |
| Low | -13.5% | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.60 | 2.35 |
| Avg | 1.54 | 2.26 |
| Low | 1.49 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -30.9% | 53.2% |
| Avg | -33.5% | 47.4% |
| Low | -35.5% | 43.0% |
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.