Constellium (NYSE:CSTM) Posts Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Constellium (NYSE:CSTM) announced its quarterly earnings data on Wednesday. The industrial products company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.18, FiscalAI reports. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.73 billion. Constellium had a return on equity of 46.22% and a net margin of 4.87%.The business’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share.

Here are the key takeaways from Constellium’s conference call:

• Record second-quarter performance: Adjusted EBITDA excluding metal-price lag reached a company-record €310 million, up 88% year over year, with all operating segments improving and A&T and P&ARP posting segment records.
• Constellium raised its 2026 outlook to €980 million–€1.02 billion of Adjusted EBITDA excluding metal-price lag and more than €300 million of free cash flow, saying it expects to reach its 2028 targets two years early.
• Balance-sheet and shareholder returns continued to improve: leverage fell to 1.8 times, liquidity exceeded €1 billion, the company redeemed €100 million of 2028 notes, and repurchased €20 million of shares during the quarter.
• Aerospace demand, North American automotive sheet demand, and recycling economics remained strong, while aerospace and recycling investments are expected to add capacity and earnings beginning primarily in 2027 and 2028.
• Management expects a softer second half because of normal seasonality, planned maintenance, and the tapering of favorable recycling and metal-cost benefits; European automotive demand remains weak, and macroeconomic, geopolitical, and commodity-price volatility persist.

Constellium Price Performance

CSTM stock opened at $27.50 on Thursday. The company has a market cap of $3.74 billion, a PE ratio of 8.90 and a beta of 1.55. The company has a current ratio of 1.39, a quick ratio of 0.60 and a debt-to-equity ratio of 1.71. The stock has a 50-day moving average price of $31.92 and a two-hundred day moving average price of $28.47. Constellium has a 12-month low of $13.04 and a 12-month high of $36.99.

Analyst Upgrades and Downgrades

CSTM has been the topic of a number of research analyst reports. BMO Capital Markets set a $32.00 price target on Constellium and gave the stock an “outperform” rating in a research note on Thursday, April 9th. Wells Fargo & Company dropped their price objective on shares of Constellium from $39.00 to $37.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $34.00 price objective (up from $30.00) on shares of Constellium in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $39.00 target price on shares of Constellium in a research report on Thursday. Finally, UBS Group lowered their target price on shares of Constellium from $38.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. Four 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $35.40.

Trending Headlines about Constellium

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: Earnings and revenue beat expectations. Constellium reported adjusted EPS of $1.04, above the $0.86 consensus estimate, while revenue rose 30.7% year over year to $2.75 billion, slightly ahead of forecasts. EPS increased from $0.25 in the prior-year quarter. Constellium Q2 earnings results
• Positive Sentiment: Record profitability and a higher outlook support the shares. The company reported record segment adjusted EBITDA for the quarter and first half and raised its full-year 2026 guidance, signaling confidence in demand, execution and operating performance. Constellium reports second-quarter results
• Neutral Sentiment: Management’s earnings call was optimistic. Commentary highlighted record growth and the company’s strategic outlook, reinforcing the improved full-year expectations. However, investors may be awaiting more detail on the durability of growth across Constellium’s end markets. Constellium earnings call highlights
• Negative Sentiment: The lower stock price suggests the strong results may already have been anticipated. The articles do not identify a new operational setback; the weakness may reflect profit-taking or investor disappointment that the earnings and guidance increases were not more substantial relative to expectations.

Insiders Place Their Bets

In other Constellium news, SVP Philip Ryan Jurkovic sold 48,784 shares of the stock in a transaction on 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 sale, the senior vice president directly owned 172,149 shares of the company’s stock, valued at approximately $5,510,489.49. This represents a 22.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Nicolas Brun sold 26,661 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $33.85, for a total transaction of $902,474.85. Following the completion of the transaction, the senior vice president owned 104,891 shares in the company, valued at approximately $3,550,560.35. The trade was a 20.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 195,153 shares of company stock valued at $6,369,312. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Constellium

Hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. raised its stake in Constellium by 16.2% during the 4th quarter. Invesco Ltd. now owns 164,654 shares of the industrial products company’s stock valued at $3,104,000 after acquiring an additional 22,942 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Constellium by 46.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 35,277 shares of the industrial products company’s stock worth $665,000 after acquiring an additional 11,267 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Constellium in the 4th quarter worth approximately $321,000. Mackenzie Financial Corp boosted its holdings in shares of Constellium by 0.4% in the fourth quarter. Mackenzie Financial Corp now owns 132,642 shares of the industrial products company’s stock valued at $2,511,000 after acquiring an additional 512 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Constellium by 3.9% in the fourth quarter. Empowered Funds LLC now owns 671,222 shares of the industrial products company’s stock valued at $12,653,000 after acquiring an additional 25,231 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.

Constellium Company Profile

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.