Important negative changes in Core Molding Technologies Inc. (NYSEAMERICAN: CMT) investment behavior have recently occurred: negative upside/downside volume developed.
Core Molding Technologies Inc. (NYSEAMERICAN: CMT) suffers from important negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CMT is expected to be a modest Value Builder.
Core Molding Technologies has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Core Molding Technologies has a slightly positive Appreciation Score of 61 and a very high Power Rating of 88, and the Highest Value Trend Rating results.
Recent Price Action
Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock closed at $18.31 on 11/29/23 after a very large increase of 6.1%. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.2% during the last week.
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