Core Molding Technologies (NYSEAMERICAN:CMT) Posts Earnings Results, Beats Expectations By $0.18 EPS

Core Molding Technologies (NYSEAMERICAN:CMT) issued its quarterly earnings data on Tuesday. The industrial products company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.18, FiscalAI reports. The business had revenue of $62.73 million for the quarter, compared to analyst estimates of $60.05 million. Core Molding Technologies had a net margin of 3.55% and a return on equity of 6.15%.

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 8.9%

NYSEAMERICAN:CMT traded up $2.12 on Tuesday, hitting $26.12. 6,990 shares of the company’s stock were exchanged, compared to its average volume of 28,808. The firm has a 50-day moving average price of $23.82 and a 200-day moving average price of $22.53. Core Molding Technologies has a 52 week low of $16.50 and a 52 week high of $28.69. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.41 and a quick ratio of 1.95. The company has a market cap of $232.51 million, a P/E ratio of 23.33 and a beta of 0.44.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Core Molding Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $24.00.

Insider Buying and Selling at Core Molding Technologies

In related news, Director Thomas R. Cellitti sold 3,000 shares of Core Molding Technologies stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $24.77, for a total value of $74,310.00. Following the sale, the director owned 98,393 shares of the company’s stock, valued at approximately $2,437,194.61. The trade was a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 9,900 shares of company stock valued at $242,320. 11.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of Core Molding Technologies by 7.6% during the 1st quarter. Empowered Funds LLC now owns 40,862 shares of the industrial products company’s stock worth $621,000 after purchasing an additional 2,888 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Core Molding Technologies by 2.4% in the second quarter. Geode Capital Management LLC now owns 183,910 shares of the industrial products company’s stock valued at $3,051,000 after buying an additional 4,332 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Core Molding Technologies by 18.6% during the second quarter. JPMorgan Chase & Co. now owns 4,703 shares of the industrial products company’s stock worth $78,000 after buying an additional 738 shares during the last quarter. Rhumbline Advisers raised its position in Core Molding Technologies by 8.9% during the second quarter. Rhumbline Advisers now owns 12,647 shares of the industrial products company’s stock worth $210,000 after acquiring an additional 1,038 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in Core Molding Technologies by 46.2% during the second quarter. Quantinno Capital Management LP now owns 25,769 shares of the industrial products company’s stock worth $428,000 after acquiring an additional 8,146 shares in the last quarter. Institutional investors and hedge funds own 58.79% of the company’s stock.

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.