Constellium SE (NYSE:CSTM) Given Consensus Rating of “Moderate Buy” by Brokerages

Constellium SE (NYSE:CSTM) has earned a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $21.00.

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

Constellium Stock Performance

Shares of CSTM stock opened at $12.48 on Tuesday. Constellium has a 12 month low of $10.49 and a 12 month high of $23.20. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The company has a market cap of $1.80 billion, a P/E ratio of 16.87 and a beta of 1.65. The firm has a fifty day moving average price of $13.29 and a 200 day moving average price of $16.54.

Constellium (NYSE:CSTM) last announced its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.38). The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Constellium had a net margin of 1.47% and a return on equity of 10.83%. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 earnings per share. Sell-side analysts predict that Constellium will post 0.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CSTM. CWM LLC raised its position in shares of Constellium by 81.1% in the 2nd quarter. CWM LLC now owns 1,510 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 676 shares in the last quarter. SummerHaven Investment Management LLC raised its holdings in Constellium by 1.7% in the second quarter. SummerHaven Investment Management LLC now owns 42,134 shares of the industrial products company’s stock valued at $794,000 after acquiring an additional 698 shares in the last quarter. Signaturefd LLC boosted its stake in Constellium by 16.0% during the 2nd quarter. Signaturefd LLC now owns 6,752 shares of the industrial products company’s stock valued at $127,000 after acquiring an additional 933 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Constellium by 4.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 25,001 shares of the industrial products company’s stock worth $407,000 after acquiring an additional 1,079 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in shares of Constellium by 9.1% in the 3rd quarter. Quantinno Capital Management LP now owns 13,899 shares of the industrial products company’s stock worth $226,000 after purchasing an additional 1,162 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

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.