Analysts Set Constellium SE (NYSE:CSTM) Price Target at $25.60

Shares of Constellium SE (NYSE:CSTM) have earned an average rating of “Buy” from the five brokerages that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $25.60.

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Constellium from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Benchmark reiterated a “buy” rating and set a $24.00 price objective on shares of Constellium in a research note on Friday, April 19th. JPMorgan Chase & Co. increased their price objective on shares of Constellium from $25.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Finally, UBS Group started coverage on shares of Constellium in a research note on Tuesday, January 16th. They set a “buy” rating and a $27.00 price objective on the stock.

Constellium Trading Down 6.3 %

CSTM stock opened at $19.99 on Monday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.52 and a current ratio of 1.31. The company’s 50-day simple moving average is $20.54 and its 200 day simple moving average is $18.90. Constellium has a 52 week low of $13.40 and a 52 week high of $23.20. The company has a market capitalization of $2.88 billion, a PE ratio of 21.49 and a beta of 1.71.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Wednesday, February 21st. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.23). The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.73 billion. Constellium had a return on equity of 16.86% and a net margin of 1.73%. As a group, sell-side analysts anticipate that Constellium will post 1.9 earnings per share for the current year.

Institutional Investors Weigh In On Constellium

Hedge funds have recently made changes to their positions in the stock. SummerHaven Investment Management LLC raised its holdings in Constellium by 1.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 40,926 shares of the industrial products company’s stock valued at $817,000 after buying an additional 575 shares during the last quarter. Covestor Ltd raised its holdings in Constellium by 12.2% in the 3rd quarter. Covestor Ltd now owns 6,564 shares of the industrial products company’s stock valued at $119,000 after buying an additional 716 shares during the last quarter. Beacon Investment Advisors LLC raised its holdings in Constellium by 0.3% in the 3rd quarter. Beacon Investment Advisors LLC now owns 251,098 shares of the industrial products company’s stock valued at $4,570,000 after buying an additional 750 shares during the last quarter. Xponance Inc. raised its holdings in Constellium by 5.6% in the 4th quarter. Xponance Inc. now owns 19,213 shares of the industrial products company’s stock valued at $383,000 after buying an additional 1,012 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in Constellium by 11.2% in the 3rd quarter. Spire Wealth Management now owns 10,338 shares of the industrial products company’s stock valued at $188,000 after buying an additional 1,042 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

About Constellium

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.