Constellium (NYSE:CSTM) Issues Quarterly Earnings Results

Constellium (NYSE:CSTM) posted its earnings results on Wednesday. The industrial products company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18, FiscalAI reports. Constellium had a return on equity of 55.12% and a net margin of 5.69%.The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the company earned $0.25 EPS. The company’s quarterly revenue was up 30.7% compared to the same quarter last year.

Here are the key takeaways from Constellium’s conference call:

• Record second-quarter performance: Adjusted EBITDA excluding metal-price lag reached a company-record €310 million, up 88% year over year, with all operating segments improving and A&T and P&ARP posting segment records.
• Constellium raised its 2026 outlook to €980 million–€1.02 billion of Adjusted EBITDA excluding metal-price lag and more than €300 million of free cash flow, saying it expects to reach its 2028 targets two years early.
• Balance-sheet and shareholder returns continued to improve: leverage fell to 1.8 times, liquidity exceeded €1 billion, the company redeemed €100 million of 2028 notes, and repurchased €20 million of shares during the quarter.
• Aerospace demand, North American automotive sheet demand, and recycling economics remained strong, while aerospace and recycling investments are expected to add capacity and earnings beginning primarily in 2027 and 2028.
• Management expects a softer second half because of normal seasonality, planned maintenance, and the tapering of favorable recycling and metal-cost benefits; European automotive demand remains weak, and macroeconomic, geopolitical, and commodity-price volatility persist.

Constellium Stock Performance

CSTM stock traded down $0.95 during trading on Friday, reaching $27.61. The stock had a trading volume of 204,631 shares, compared to its average volume of 2,119,870. The firm has a market cap of $3.76 billion, a PE ratio of 7.12 and a beta of 1.55. The company has a current ratio of 1.39, a quick ratio of 0.60 and a debt-to-equity ratio of 1.71. The stock’s 50 day moving average is $31.85 and its two-hundred day moving average is $28.53. Constellium has a 52 week low of $13.04 and a 52 week high of $36.99.

Wall Street Analyst Weigh In

CSTM has been the topic of a number of research analyst reports. Wells Fargo & Company upped their price target on Constellium from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday. Zacks Research lowered Constellium from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. UBS Group lowered their target price on shares of Constellium from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of Constellium in a report on Thursday. Finally, Weiss Ratings cut shares of Constellium from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.80.

Insider Activity

In other Constellium news, Director Bradley Lee Soultz acquired 2,500 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $33.84 per share, with a total value of $84,600.00. Following the transaction, the director directly owned 2,500 shares in the company, valued at approximately $84,600. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Ormerod sold 8,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $35.01, for a total value of $280,080.00. Following the completion of the sale, the director owned 24,873 shares of the company’s stock, valued at $870,803.73. This trade represents a 24.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 91,369 shares of company stock worth $3,051,536. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Constellium

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Two Sigma Securities LLC purchased a new stake in Constellium in the second quarter worth about $266,000. Mangrove Partners IM LLC purchased a new position in shares of Constellium during the 4th quarter valued at about $228,000. CIBC Bancorp USA Inc. purchased a new position in shares of Constellium during the 3rd quarter valued at about $226,000. Brooklyn Investment Group grew its stake in shares of Constellium by 249,116.7% during the 3rd quarter. Brooklyn Investment Group now owns 14,953 shares of the industrial products company’s stock valued at $223,000 after acquiring an additional 14,947 shares during the period. Finally, Prudential Financial Inc. bought a new position in shares of Constellium during the 2nd quarter valued at approximately $218,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

About Constellium

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.