Constellium SE (CSTM) – What Are Investment Firms Thinking About This Stock?

Constellium SE (NYSE:CSTM) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $33.29.

A number of research firms recently issued reports on CSTM. Deutsche Bank Aktiengesellschaft decreased their target price on Constellium from $39.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, October 8th. HSBC set a $35.00 price objective on shares of Constellium in a research report on Thursday, October 29th. Zacks Research lowered shares of Constellium from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Wall Street Zen cut shares of Constellium from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Constellium in a research note on Monday, September 28th.

Insider Activity at Constellium

In other news, Director Jean-Christophe Deslarzes bought 1,800 shares of the stock in a transaction dated Monday, November 2nd. The shares were acquired at an average price of $23.41 per share, with a total value of $42,138.00. Following the completion of the acquisition, the director directly owned 45,315 shares in the company, valued at approximately $1,060,824.15. The trade was a 4.14% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Orion Capital Management LLC acquired a new position in Constellium during the second quarter worth about $32,000. POM Investment Strategies LLC purchased a new stake in shares of Constellium in the second quarter valued at about $32,000. USA Financial Formulas acquired a new stake in shares of Constellium in the third quarter valued at approximately $44,000. GAMMA Investing LLC grew its position in shares of Constellium by 12.5% in the third quarter. GAMMA Investing LLC now owns 4,010 shares of the industrial products company’s stock valued at $97,000 after purchasing an additional 447 shares during the last quarter. Finally, IFP Advisors Inc grew its position in shares of Constellium by 80.6% in the second quarter. IFP Advisors Inc now owns 5,837 shares of the industrial products company’s stock valued at $186,000 after purchasing an additional 2,605 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Constellium Trading Down 0.1%

Shares of CSTM opened at $21.79 on Monday. The company has a current ratio of 1.48, a quick ratio of 0.57 and a debt-to-equity ratio of 1.33. Constellium has a 12-month low of $14.62 and a 12-month high of $36.99. The firm has a 50-day moving average price of $25.07 and a 200 day moving average price of $27.84. The firm has a market capitalization of $2.93 billion, a P/E ratio of 5.32 and a beta of 1.63.

Constellium (NYSE:CSTM) last posted its earnings results on Wednesday, October 28th. The industrial products company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.11. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.50 billion. Constellium had a return on equity of 49.04% and a net margin of 5.73%. The company’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 earnings per share. Sell-side analysts forecast that Constellium will post 3.78 EPS for the current year.

Constellium Company Profile

Constellium SE is a global manufacturer of aluminum products and solutions, serving customers in the aerospace, automotive, packaging, defense and industrial markets. Its offerings include rolled and extruded aluminum products, automotive structures and other engineered components.

The company operates through businesses focused on aerospace and transportation, packaging and automotive rolled products, and automotive structures and industry. Its products are used in applications such as aircraft, vehicles, beverage packaging and industrial equipment.

Constellium was established in 2011 from aluminum businesses with roots in Alcan and Pechiney.