Constellium SE (CSTM) – What Are Researchers Saying About This Stock?

Constellium SE (NYSE:CSTM) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $33.29.

A number of equities research analysts have commented on the stock. UBS Group decreased their price objective on shares of Constellium from $34.00 to $32.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. Barclays raised their price objective on Constellium from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Friday, October 30th. Wall Street Zen downgraded shares of Constellium from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. JPMorgan Chase & Co. raised Constellium from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $34.00 to $35.00 in a research report on Thursday, October 29th. Finally, HSBC set a $35.00 target price on Constellium in a research note on Thursday, October 29th.

Insider Buying and Selling at Constellium

In other news, Director Jean-Christophe Deslarzes purchased 1,800 shares of the stock in a transaction on Monday, November 2nd. The shares were acquired at an average price of $23.41 per share, for a total transaction of $42,138.00. Following the completion of the transaction, the director directly owned 45,315 shares of the company’s stock, valued at approximately $1,060,824.15. This trade represents a 4.14% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Orion Capital Management LLC purchased a new stake in shares of Constellium in the second quarter worth about $32,000. POM Investment Strategies LLC purchased a new stake in Constellium in the 2nd quarter worth about $32,000. USA Financial Formulas bought a new stake in Constellium in the third quarter worth about $44,000. Meeder Asset Management Inc. lifted its stake in Constellium by 401.1% in the third quarter. Meeder Asset Management Inc. now owns 1,834 shares of the industrial products company’s stock worth $44,000 after purchasing an additional 1,468 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Constellium by 12.5% in the third quarter. GAMMA Investing LLC now owns 4,010 shares of the industrial products company’s stock worth $97,000 after purchasing an additional 447 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Constellium Stock Down 1.1%

CSTM stock opened at $22.34 on Monday. The firm has a 50 day simple moving average of $24.67 and a 200 day simple moving average of $27.84. The firm has a market cap of $3.01 billion, a PE ratio of 5.45 and a beta of 1.63. Constellium has a 12 month low of $14.62 and a 12 month high of $36.99. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.48 and a quick ratio of 0.57.

Constellium (NYSE:CSTM) last posted its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.11. Constellium had a net margin of 5.73% and a return on equity of 49.04%. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the firm earned $0.62 earnings per share. The business’s quarterly revenue was up 21.8% on a year-over-year basis. Equities research analysts forecast that Constellium will post 3.78 earnings per share for the current fiscal year.

Constellium Company Profile

Constellium SE is a global manufacturer of aluminum products and solutions, serving customers in the aerospace, automotive, packaging, defense and industrial markets. Its offerings include rolled and extruded aluminum products, automotive structures and other engineered components. The company operates through businesses focused on aerospace and transportation, packaging and automotive rolled products, and automotive structures and industry. Its products are used in applications such as aircraft, vehicles, beverage packaging and industrial equipment.