Constellium (NYSE:CSTM - Get Free Report) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a $15.00 price target on the industrial products company's stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 31.78% from the stock's current price.
Constellium Trading Down 1.6 %
CSTM traded down $0.19 during mid-day trading on Tuesday, hitting $11.38. The stock had a trading volume of 1,674,765 shares, compared to its average volume of 1,440,966. The stock's fifty day simple moving average is $10.22 and its 200-day simple moving average is $12.68. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 35.57 and a beta of 1.68. Constellium has a 1-year low of $9.04 and a 1-year high of $23.20. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52.
Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.47). Constellium had a return on equity of 4.83% and a net margin of 0.67%. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.69 billion. As a group, research analysts forecast that Constellium will post 1.1 EPS for the current fiscal year.
Institutional Trading of Constellium
A number of large investors have recently bought and sold shares of CSTM. Blue Trust Inc. lifted its stake in Constellium by 863.5% in the third quarter. Blue Trust Inc. now owns 1,956 shares of the industrial products company's stock valued at $32,000 after buying an additional 1,753 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Constellium during the fourth quarter worth $31,000. New Age Alpha Advisors LLC bought a new stake in Constellium in the 4th quarter valued at $70,000. Quarry LP boosted its stake in Constellium by 45.3% in the 3rd quarter. Quarry LP now owns 7,296 shares of the industrial products company's stock worth $119,000 after purchasing an additional 2,273 shares during the period. Finally, Quadrant Capital Group LLC increased its holdings in Constellium by 25.8% during the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock worth $82,000 after purchasing an additional 1,645 shares in the last quarter. 92.59% of the stock is owned by institutional investors.
Constellium Company Profile
(
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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.
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