Constellium SE (NYSE:CSTM) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Constellium SE (NYSE:CSTM - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $21.00.

Several brokerages have recently issued reports on CSTM. Deutsche Bank Aktiengesellschaft lowered Constellium from a "buy" rating to a "hold" rating and decreased their target price for the company from $22.00 to $12.00 in a research report on Thursday, October 24th. StockNews.com lowered Constellium from a "buy" rating to a "hold" rating in a report on Thursday, October 24th. JPMorgan Chase & Co. reduced their target price on shares of Constellium from $25.00 to $24.00 and set an "overweight" rating for the company in a research note on Friday, October 11th. Finally, BMO Capital Markets reduced their price target on Constellium from $22.00 to $18.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th.

Hedge Funds Weigh In On Constellium

Several institutional investors have recently modified their holdings of the company. CWM LLC raised its position in Constellium by 81.1% in the 2nd quarter. CWM LLC now owns 1,510 shares of the industrial products company's stock worth $28,000 after purchasing an additional 676 shares during the period. Blue Trust Inc. increased its holdings in shares of Constellium by 863.5% in the third quarter. Blue Trust Inc. now owns 1,956 shares of the industrial products company's stock worth $32,000 after buying an additional 1,753 shares during the period. Point72 DIFC Ltd purchased a new position in shares of Constellium in the second quarter worth about $85,000. Quarry LP lifted its stake in shares of Constellium by 290.0% in the 2nd quarter. Quarry LP now owns 5,023 shares of the industrial products company's stock valued at $95,000 after acquiring an additional 3,735 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in Constellium by 16.0% during the 2nd quarter. Signaturefd LLC now owns 6,752 shares of the industrial products company's stock valued at $127,000 after acquiring an additional 933 shares during the period. 92.59% of the stock is currently owned by institutional investors.

Constellium Stock Performance

Constellium stock remained flat at $11.95 during trading on Friday. The company had a trading volume of 1,141,978 shares, compared to its average volume of 1,106,982. The company has a market capitalization of $1.72 billion, a P/E ratio of 16.16 and a beta of 1.65. The firm has a 50 day simple moving average of $14.73 and a 200 day simple moving average of $17.52. Constellium has a 1-year low of $10.49 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 announced its earnings results on Wednesday, October 23rd. The industrial products company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.38). Constellium had a net margin of 1.47% and a return on equity of 10.83%. The firm had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.80 billion. During the same quarter in the prior year, the company earned $0.47 EPS. The business's revenue for the quarter was down 4.7% on a year-over-year basis. Equities analysts expect that Constellium will post 0.71 EPS for the current year.

Constellium Company Profile

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.