Constellium SE (NYSE:CSTM) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Constellium SE (NYSE:CSTMGet Free Report) have earned a consensus recommendation of “Buy” from the five brokerages that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $25.40.

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Constellium from $28.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Benchmark restated a “buy” rating and issued a $24.00 target price on shares of Constellium in a research report on Friday, April 19th.

Get Our Latest Analysis on Constellium

Constellium Stock Up 2.3 %

Shares of CSTM opened at $20.20 on Tuesday. The firm has a 50 day simple moving average of $21.04 and a two-hundred day simple moving average of $19.82. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.31 and a quick ratio of 0.58. Constellium has a one year low of $14.12 and a one year high of $23.20. The company has a market cap of $2.91 billion, a P/E ratio of 22.44 and a beta of 1.69.

Constellium (NYSE:CSTMGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.15). The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.71 billion. Constellium had a return on equity of 15.68% and a net margin of 1.73%. Research analysts forecast that Constellium will post 1.77 EPS for the current fiscal year.

Institutional Investors Weigh In On Constellium

Institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd lifted its holdings in shares of Constellium by 12.2% during the third quarter. Covestor Ltd now owns 6,564 shares of the industrial products company’s stock worth $119,000 after purchasing an additional 716 shares during the period. Advisors Asset Management Inc. lifted its holdings in Constellium by 29.9% during the 1st quarter. Advisors Asset Management Inc. now owns 7,065 shares of the industrial products company’s stock worth $156,000 after buying an additional 1,625 shares during the period. BOKF NA grew its position in shares of Constellium by 87.6% in the 1st quarter. BOKF NA now owns 8,964 shares of the industrial products company’s stock valued at $200,000 after buying an additional 4,186 shares during the last quarter. Highland Capital Management LLC acquired a new stake in shares of Constellium in the fourth quarter valued at about $201,000. Finally, M&T Bank Corp bought a new position in shares of Constellium during the fourth quarter worth about $203,000. 92.59% of the stock is owned by institutional investors.

About Constellium

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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.

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Analyst Recommendations for Constellium (NYSE:CSTM)

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