Equities research analysts expect that Constellium SE (NYSE:CSTM – Get Rating) will post earnings of $0.18 per share for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Constellium’s earnings. The highest EPS estimate is $0.24 and the lowest is $0.12. Constellium posted earnings per share of $0.15 in the same quarter last year, which suggests a positive year-over-year growth rate of 20%. The business is expected to announce its next earnings report before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Constellium will report full-year earnings of $1.15 per share for the current year, with EPS estimates ranging from $1.00 to $1.29. For the next year, analysts anticipate that the business will post earnings of $1.61 per share, with EPS estimates ranging from $1.38 to $1.82. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Constellium.
Constellium (NYSE:CSTM – Get Rating) last announced its earnings results on Wednesday, February 23rd. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.13). Constellium had a net margin of 4.24% and a return on equity of 115.38%. The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the business earned $0.28 earnings per share. The company’s revenue for the quarter was up 37.2% compared to the same quarter last year.
Shares of Constellium stock traded down $0.45 during trading hours on Tuesday, hitting $15.70. 65,970 shares of the company’s stock traded hands, compared to its average volume of 826,770. The company has a debt-to-equity ratio of 6.43, a current ratio of 1.13 and a quick ratio of 0.52. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 7.50 and a beta of 2.02. Constellium has a 12-month low of $15.04 and a 12-month high of $21.59. The company has a fifty day simple moving average of $17.96 and a 200-day simple moving average of $18.14.
A number of institutional investors have recently made changes to their positions in the business. Voya Investment Management LLC grew its position in shares of Constellium by 1.7% in the 3rd quarter. Voya Investment Management LLC now owns 47,145 shares of the industrial products company’s stock worth $885,000 after buying an additional 787 shares during the last quarter. Dark Forest Capital Management LP raised its stake in shares of Constellium by 225.7% in the third quarter. Dark Forest Capital Management LP now owns 1,329 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 921 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Constellium by 2.0% in the fourth quarter. California State Teachers Retirement System now owns 67,925 shares of the industrial products company’s stock worth $1,217,000 after purchasing an additional 1,307 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Constellium by 2.1% in the fourth quarter. Bank of Montreal Can now owns 97,242 shares of the industrial products company’s stock worth $1,753,000 after purchasing an additional 1,982 shares during the last quarter. Finally, First Horizon Advisors Inc. purchased a new stake in Constellium during the third quarter valued at $41,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.
About Constellium (Get Rating)
Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.
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