Alert: Negative Investment/Fundamental Signals (11/10/23)-Core Molding Technologies Inc. (NYSEAMERICAN: CMT)


Recent meaningful negative changes in fundamentals have impacted Core Molding Technologies Inc. (NYSEAMERICAN: CMT): the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Significant negative changes in investment behavior have recently occurred for Core Molding Technologies Inc. (NYSEAMERICAN: CMT): the stock’s recent price decline challenged its longer term uptrend.

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

Reflecting future returns on capital that are forecasted to exceed 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). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Core Molding Technologies has a slightly positive Appreciation Score of 67 and a very high Power Rating of 91, with the Highest Value Trend Rating the result.

Recent Price Action

On 11/10/23, Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock suffered a large decline of -2.2%, closing at $16.81. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -33.2% during the last week.

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