Constellium SE (NYSE:CSTM) Receives Consensus Recommendation of “Buy” from Brokerages

Constellium SE (NYSE:CSTMGet Free Report) has received an average recommendation of “Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $25.40.

Several research analysts recently weighed in on the stock. Benchmark restated a “buy” rating and set a $24.00 price target on shares of Constellium in a report on Friday, April 19th. JPMorgan Chase & Co. cut their target price on Constellium from $28.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th.

Get Our Latest Research Report on Constellium

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CSTM. SummerHaven Investment Management LLC lifted its stake in Constellium by 1.4% in the fourth quarter. SummerHaven Investment Management LLC now owns 40,926 shares of the industrial products company’s stock valued at $817,000 after purchasing an additional 575 shares during the last quarter. Covestor Ltd raised its stake in shares of Constellium by 12.2% in the third quarter. Covestor Ltd now owns 6,564 shares of the industrial products company’s stock valued at $119,000 after buying an additional 716 shares during the period. Xponance Inc. lifted its position in shares of Constellium by 5.6% during the 4th quarter. Xponance Inc. now owns 19,213 shares of the industrial products company’s stock valued at $383,000 after buying an additional 1,012 shares during the last quarter. Hohimer Wealth Management LLC grew its stake in shares of Constellium by 2.4% during the 4th quarter. Hohimer Wealth Management LLC now owns 51,354 shares of the industrial products company’s stock worth $1,025,000 after acquiring an additional 1,203 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in Constellium by 29.9% in the 1st quarter. Advisors Asset Management Inc. now owns 7,065 shares of the industrial products company’s stock worth $156,000 after acquiring an additional 1,625 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Constellium Stock Performance

Shares of Constellium stock opened at $20.05 on Tuesday. The company has a market cap of $2.89 billion, a PE ratio of 22.28 and a beta of 1.69. The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 2.01. Constellium has a 52 week low of $14.12 and a 52 week high of $23.20. The business has a 50 day moving average price of $20.76 and a 200-day moving average price of $19.93.

Constellium (NYSE:CSTMGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.15). The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Constellium had a net margin of 1.73% and a return on equity of 15.68%. Equities analysts anticipate that Constellium will post 1.77 earnings per share for the current fiscal year.

About Constellium

(Get Free Report

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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Analyst Recommendations for Constellium (NYSE:CSTM)

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