Constellium (NYSE:CSTM) Issues Earnings Results, Beats Estimates By $0.19 EPS

Constellium (NYSE:CSTM - Get Free Report) posted its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.19, Zacks reports. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the company earned $0.11 earnings per share. The business's revenue for the quarter was up 5.3% on a year-over-year basis.

Constellium Price Performance

NYSE CSTM traded up $0.14 during trading hours on Wednesday, reaching $11.02. 291,206 shares of the stock traded hands, compared to its average volume of 1,402,740. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The stock has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $10.64. Constellium has a 1 year low of $7.33 and a 1 year high of $22.00. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 34.45 and a beta of 1.65.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Constellium from a "hold" rating to a "buy" rating and set a $15.00 target price on the stock in a research note on Tuesday, February 25th.

About Constellium

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.