Constellium SE (NYSE:CSTM) Short Interest Update

Constellium SE (NYSE:CSTM - Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,530,000 shares, a drop of 22.7% from the February 13th total of 1,980,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.2% of the company's stock are short sold.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a "hold" rating to a "buy" rating and set a $15.00 price target 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 given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $20.25.

Constellium Price Performance

CSTM traded down $0.35 during trading on Friday, hitting $11.41. 547,848 shares of the stock traded hands, compared to its average volume of 1,245,849. Constellium has a twelve month low of $9.04 and a twelve month high of $23.20. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 35.70 and a beta of 1.64. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The business has a 50 day moving average price of $10.58 and a 200 day moving average price of $12.20.

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

Institutional Investors Weigh In On Constellium

Large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. bought a new position in Constellium in the 4th quarter valued at $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Constellium in the fourth quarter valued at about $70,000. Quadrant Capital Group LLC increased its position in shares of Constellium by 25.8% in the fourth quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock valued at $82,000 after acquiring an additional 1,645 shares during the period. Virtu Financial LLC purchased a new position in shares of Constellium in the fourth quarter valued at about $106,000. Finally, Mariner LLC purchased a new position in shares of Constellium during the fourth quarter valued at about $107,000. Hedge funds and other institutional investors own 92.59% of the company's stock.

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.