Constellium (NYSE:CSTM) Shares Up 5.1%

Constellium SE (NYSE:CSTMGet Rating)’s share price was up 5.1% during trading on Monday . The company traded as high as $13.94 and last traded at $13.93. Approximately 2,167 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 859,105 shares. The stock had previously closed at $13.26.

Analyst Ratings Changes

Separately, StockNews.com lowered Constellium from a “buy” rating to a “hold” rating in a research note on Thursday, July 28th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Constellium Trading Down 6.4 %

The firm’s 50 day moving average price is $13.83 and its 200 day moving average price is $15.51. The stock has a market capitalization of $1.85 billion, a P/E ratio of 6.90 and a beta of 1.92. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.21 and a quick ratio of 0.57.

Constellium (NYSE:CSTMGet Rating) last released its quarterly earnings results on Wednesday, July 27th. The industrial products company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.12. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.04 billion. Constellium had a return on equity of 72.41% and a net margin of 3.41%. Constellium’s quarterly revenue was up 49.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 EPS. As a group, equities research analysts expect that Constellium SE will post 1.8 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC raised its holdings in Constellium by 307.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,120 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 3,110 shares in the last quarter. UBS Group AG raised its stake in Constellium by 138.2% in the second quarter. UBS Group AG now owns 4,519 shares of the industrial products company’s stock worth $59,000 after buying an additional 2,622 shares in the last quarter. Exane Derivatives bought a new position in shares of Constellium in the 1st quarter worth approximately $60,000. Advisor Group Holdings Inc. raised its position in shares of Constellium by 26.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,612 shares of the industrial products company’s stock worth $64,000 after acquiring an additional 757 shares in the last quarter. Finally, Covestor Ltd bought a new position in shares of Constellium in the 1st quarter worth approximately $110,000. 94.25% of the stock is currently owned by institutional investors.

Constellium Company Profile

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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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