Constellium (NYSE:CSTM) Reaches New 52-Week High – Here’s Why

Shares of Constellium SE (NYSE:CSTM) reached a new 52-week high on Wednesday . The stock traded as high as $33.81 and last traded at $33.69, with a volume of 690617 shares. The stock had previously closed at $32.96.

More Constellium News

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: Q1 results materially beat expectations (EPS $1.42 vs. $0.62 est.), revenue +24% y/y and management authorized a $300M share buyback — these items underpin improved earnings visibility and capital return. Read More.
• Positive Sentiment: UBS initiated coverage with a Buy and a $38 price target, which can attract institutional flows and support multiple expansion. Read More.
• Positive Sentiment: Broker support and price-target lifts from Deutsche Bank, Wells Fargo, BMO and others are reinforcing positive sentiment and headline momentum. Read More.
• Positive Sentiment: Sectors notes highlight accelerating demand for lightweight aluminum in auto and aerospace (Airbus/Boeing exposure), offering a multi-quarter growth runway beyond the one-quarter beat. Read More.
• Neutral Sentiment: Some analysts caution the rally needs to be validated by sustained margins and free cash flow over coming quarters — the Q1 beat improves the setup but durability is the next test. Read More.
• Negative Sentiment: Material insider selling: Philippe Hoffmann sold 50,000 shares (~$1.6M), reducing his stake by ~25.8% — investors may interpret this as a negative signal on near-term conviction. Read More.
• Negative Sentiment: Additional insider sales reported (SVP Philip Ryan Jurkovic ~48,784 shares; Stephane Corre 5,000 shares) — multiple senior disposals could temper sentiment despite operational positives. Read More.

Analyst Ratings Changes

Several research firms recently weighed in on CSTM. Wells Fargo & Company upped their price objective on shares of Constellium from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Constellium in a report on Thursday, April 30th. UBS Group began coverage on shares of Constellium in a report on Tuesday. They issued a “buy” rating and a $38.00 price objective for the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $34.00 price objective (up from $30.00) on shares of Constellium in a report on Thursday, April 30th. Finally, BMO Capital Markets set a $32.00 price objective on shares of Constellium and gave the stock an “outperform” rating in a report on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Constellium has a consensus rating of “Moderate Buy” and an average target price of $36.60.

Constellium Stock Up 1.3%

The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.60 and a current ratio of 1.39. The company has a market capitalization of $4.55 billion, a price-to-earnings ratio of 10.81 and a beta of 1.54. The stock’s fifty day simple moving average is $27.18 and its two-hundred day simple moving average is $22.06.

Constellium (NYSE:CSTM) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.80. Constellium had a net margin of 4.87% and a return on equity of 46.22%. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the company earned $0.26 EPS. Constellium’s revenue was up 24.4% on a year-over-year basis. On average, sell-side analysts anticipate that Constellium SE will post 2.85 EPS for the current year.

Constellium announced that its Board of Directors has authorized a share buyback plan on Thursday, March 12th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the industrial products company to repurchase up to 8.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Constellium news, Director Jean-Christophe Deslarzes purchased 1,325 shares of the business’s stock in a transaction on Friday, May 1st. The stock was bought at an average cost of $31.13 per share, with a total value of $41,247.25. Following the acquisition, the director owned 42,025 shares of the company’s stock, valued at $1,308,238.25. The trade was a 3.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Philip Ryan Jurkovic sold 48,784 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $32.01, for a total transaction of $1,561,575.84. Following the completion of the sale, the senior vice president directly owned 172,149 shares of the company’s stock, valued at $5,510,489.49. The trade was a 22.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 318,327 shares of company stock worth $8,882,905 in the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in shares of Constellium by 6,985.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,488 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 1,467 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Constellium by 578.6% in the third quarter. EverSource Wealth Advisors LLC now owns 2,348 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 2,002 shares in the last quarter. Allworth Financial LP increased its position in shares of Constellium by 52.5% in the fourth quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 714 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Constellium by 29.7% in the fourth quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company’s stock worth $58,000 after acquiring an additional 707 shares in the last quarter. Finally, Quarry LP increased its position in shares of Constellium by 53.7% in the third quarter. Quarry LP now owns 5,610 shares of the industrial products company’s stock worth $83,000 after acquiring an additional 1,960 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

About Constellium

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.