Constellium (NYSE:CSTM) Stock Price Up 5.3% - What's Next?

Constellium SE (NYSE:CSTM - Get Free Report)'s stock price rose 5.3% during trading on Thursday . The company traded as high as $11.50 and last traded at $11.45. Approximately 1,015,668 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 1,207,636 shares. The stock had previously closed at $10.87.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a "hold" rating to a "buy" rating and set a $15.00 target price on the stock in a research note on Tuesday, February 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.25.

Constellium Trading Down 2.1 %

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 stock's fifty day moving average price is $10.31 and its 200 day moving average price is $12.43. The stock has a market cap of $1.66 billion, a P/E ratio of 36.17 and a beta of 1.64.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.47). Constellium had a net margin of 0.67% and a return on equity of 4.83%. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.69 billion. Equities research analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

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Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CSTM. Jefferies Financial Group Inc. purchased a new position in Constellium during the 4th quarter valued at approximately $2,384,000. Public Employees Retirement System of Ohio lifted its stake in Constellium by 11.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 246,279 shares of the industrial products company's stock worth $2,529,000 after purchasing an additional 25,580 shares during the last quarter. PharVision Advisers LLC bought a new position in Constellium in the 4th quarter valued at $168,000. Voloridge Investment Management LLC boosted its stake in shares of Constellium by 80.8% during the fourth quarter. Voloridge Investment Management LLC now owns 1,529,818 shares of the industrial products company's stock valued at $15,711,000 after purchasing an additional 683,876 shares during the period. Finally, Westwood Holdings Group Inc. boosted its position in Constellium by 6.1% in the 4th quarter. Westwood Holdings Group Inc. now owns 5,810,189 shares of the industrial products company's stock valued at $59,671,000 after buying an additional 334,639 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

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.