Constellium (NYSE:CSTM) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Key Points

• Constellium reported an earnings per share (EPS) of $0.25, missing analysts' expectations of $0.30 by $0.05.
• The company's net margin stands at 0.92% with a return on equity of 7.74%.
• Institutional investors collectively own 92.59% of Constellium's stock, with notable increases in stakes from AQR Capital Management and others.

Constellium (NYSE:CSTM - Get Free Report) released its earnings results on Tuesday. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.03), Zacks reports. The firm had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.08 billion. Constellium had a net margin of 0.37% and a return on equity of 3.39%.

Constellium Trading Down 3.7%

NYSE:CSTM traded down $0.51 on Friday, reaching $13.20. The stock had a trading volume of 2,099,467 shares, compared to its average volume of 1,349,553. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 69.48 and a beta of 1.69. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.24 and a quick ratio of 0.53. The firm's fifty day moving average is $13.49 and its two-hundred day moving average is $11.43. Constellium has a 12-month low of $7.32 and a 12-month high of $17.27.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CSTM. AQR Capital Management LLC lifted its holdings in Constellium by 354.0% in the 1st quarter. AQR Capital Management LLC now owns 91,566 shares of the industrial products company's stock valued at $924,000 after purchasing an additional 71,396 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Constellium by 5.3% during the 1st quarter. Royal Bank of Canada now owns 72,526 shares of the industrial products company's stock worth $732,000 after acquiring an additional 3,629 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Constellium by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,021 shares of the industrial products company's stock worth $777,000 after acquiring an additional 3,393 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

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.