Core Molding Technologies (NYSEAMERICAN:CMT) Issues Quarterly Earnings Results

Core Molding Technologies (NYSEAMERICAN:CMT) posted its earnings results on Tuesday. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.18, FiscalAI reports. Core Molding Technologies had a return on equity of 6.15% and a net margin of 3.55%.The company had revenue of $62.73 million for the quarter, compared to analyst estimates 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 Up 2.3%

Shares of CMT opened at $24.55 on Wednesday. Core Molding Technologies has a one year low of $16.50 and a one year high of $28.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.95 and a current ratio of 2.41. The stock has a 50 day moving average price of $23.84 and a 200 day moving average price of $22.57. The stock has a market capitalization of $218.50 million, a price-to-earnings ratio of 21.92 and a beta of 0.44.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Core Molding Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.00.

Insider Activity at Core Molding Technologies

In other news, Director Thomas R. Cellitti sold 2,495 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $24.00, for a total value of $59,880.00. Following the transaction, the director directly owned 93,818 shares of the company’s stock, valued at approximately $2,251,632. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 9,900 shares of company stock valued at $242,320 in the last ninety days. 11.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in shares of Core Molding Technologies by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 388,285 shares of the industrial products company’s stock valued at $7,785,000 after purchasing an additional 5,300 shares in the last quarter. Geode Capital Management LLC boosted its stake in Core Molding Technologies by 2.4% during the second quarter. Geode Capital Management LLC now owns 183,910 shares of the industrial products company’s stock worth $3,051,000 after buying an additional 4,332 shares during the last quarter. Bridgeway Capital Management LLC boosted its stake in Core Molding Technologies by 0.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 107,484 shares of the industrial products company’s stock worth $2,155,000 after buying an additional 967 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in Core Molding Technologies by 6.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 94,713 shares of the industrial products company’s stock valued at $1,899,000 after buying an additional 5,611 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in Core Molding Technologies by 1.9% in the 4th quarter. Empowered Funds LLC now owns 51,283 shares of the industrial products company’s stock valued at $1,028,000 after buying an additional 967 shares in the last quarter. 58.79% of the stock is owned by hedge funds and other institutional investors.

Core Molding Technologies Company Profile

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.