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

Constellium SE (NYSE:CSTM) has been given an average rating of “Buy” by the five ratings firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $25.40.

A number of research analysts have issued reports on the company. Benchmark reissued a “buy” rating and issued a $24.00 target price on shares of Constellium in a research note on Friday, April 19th. JPMorgan Chase & Co. decreased their target price on Constellium from $28.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th.

Institutional Trading of Constellium

Institutional investors have recently modified their holdings of the company. Covestor Ltd lifted its holdings 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 purchasing an additional 716 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Constellium by 29.9% during the first 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 in the last quarter. BOKF NA raised its holdings in Constellium by 87.6% during the first quarter. BOKF NA now owns 8,964 shares of the industrial products company’s stock worth $200,000 after acquiring an additional 4,186 shares in the last quarter. Highland Capital Management LLC bought a new stake in Constellium during the fourth quarter worth about $201,000. Finally, M&T Bank Corp bought a new stake in Constellium during the fourth quarter worth about $203,000. 92.59% of the stock is currently owned by institutional investors.

Constellium Stock Down 2.1 %

Shares of Constellium stock opened at $19.82 on Tuesday. 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 12 month low of $14.12 and a 12 month high of $23.20. The business has a fifty day simple moving average of $20.81 and a 200 day simple moving average of $19.90. The stock has a market cap of $2.86 billion, a PE ratio of 22.02 and a beta of 1.69.

Constellium (NYSE:CSTM) last announced its quarterly earnings data 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). Constellium had a return on equity of 15.68% and a net margin of 1.73%. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.71 billion. Research analysts predict that Constellium will post 1.77 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.