Constellium SE (NYSE:CSTM) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Constellium SE (NYSE:CSTM) have received a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $21.00.

CSTM has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut Constellium from a “buy” rating to a “hold” rating and dropped their target price for the stock from $22.00 to $12.00 in a report on Thursday, October 24th. JPMorgan Chase & Co. reduced their price objective on Constellium from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. StockNews.com cut shares of Constellium from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Finally, BMO Capital Markets dropped their price objective on Constellium from $22.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, October 24th.

Constellium Stock Performance

Shares of NYSE CSTM opened at $10.19 on Friday. The company has a market cap of $1.47 billion, a P/E ratio of 13.77 and a beta of 1.65. Constellium has a 12 month low of $9.98 and a 12 month high of $23.20. The business’s 50 day moving average is $11.68 and its two-hundred day moving average is $15.28. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.38). The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.80 billion. Constellium had a return on equity of 10.83% and a net margin of 1.47%. Constellium’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 EPS. On average, equities analysts expect that Constellium will post 0.71 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Blue Trust Inc. boosted its stake in shares of Constellium by 863.5% during the 3rd quarter. Blue Trust Inc. now owns 1,956 shares of the industrial products company’s stock worth $32,000 after buying an additional 1,753 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Constellium during the 2nd quarter worth about $85,000. Quarry LP grew its position in shares of Constellium by 290.0% in the second quarter. Quarry LP now owns 5,023 shares of the industrial products company’s stock valued at $95,000 after purchasing an additional 3,735 shares during the last quarter. Signaturefd LLC raised its stake in Constellium by 16.0% in the 2nd quarter. Signaturefd LLC now owns 6,752 shares of the industrial products company’s stock worth $127,000 after purchasing an additional 933 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in shares of Constellium during the 3rd quarter worth $168,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Constellium Company Profile

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.