Constellium (CSTM) to Release Quarterly Earnings on Wednesday

Constellium (NYSE:CSTM) will be issuing its quarterly earnings data before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Constellium (NYSE:CSTM) last issued its earnings results on Wednesday, February 21st. The industrial products company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.23). The business had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.73 billion. Constellium had a return on equity of 16.86% and a net margin of 1.73%. On average, analysts expect Constellium to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Constellium Trading Up 0.5 %

Shares of CSTM stock opened at $20.72 on Monday. The company has a market cap of $2.99 billion, a P/E ratio of 22.28 and a beta of 1.71. The stock has a 50 day simple moving average of $20.45 and a two-hundred day simple moving average of $18.84. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.52 and a current ratio of 1.31. Constellium has a fifty-two week low of $13.40 and a fifty-two week high of $23.20.

Wall Street Analyst Weigh In

CSTM has been the subject of a number of research analyst reports. UBS Group began coverage on Constellium in a report on Tuesday, January 16th. They issued a “buy” rating and a $27.00 target price for the company. Benchmark reissued a “buy” rating and issued a $24.00 price objective on shares of Constellium in a research note on Friday. JPMorgan Chase & Co. raised their price objective on Constellium from $25.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Constellium from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Constellium presently has a consensus rating of “Buy” and a consensus target price of $25.60.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Constellium by 14.4% during the fourth quarter. Vanguard Group Inc. now owns 1,414,303 shares of the industrial products company’s stock valued at $28,229,000 after buying an additional 177,868 shares during the last quarter. American International Group Inc. boosted its position in shares of Constellium by 1.3% during the fourth quarter. American International Group Inc. now owns 64,084 shares of the industrial products company’s stock valued at $1,279,000 after buying an additional 850 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Constellium by 5.7% during the fourth quarter. Legal & General Group Plc now owns 18,186 shares of the industrial products company’s stock valued at $363,000 after buying an additional 985 shares during the last quarter. Barclays PLC boosted its position in shares of Constellium by 370.2% during the fourth quarter. Barclays PLC now owns 203,149 shares of the industrial products company’s stock valued at $4,055,000 after buying an additional 159,941 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its position in shares of Constellium by 5.4% during the fourth quarter. Voloridge Investment Management LLC now owns 428,834 shares of the industrial products company’s stock valued at $8,560,000 after buying an additional 21,944 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

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.