Constellium (NYSE:CSTM) Stock Price Up 5.3% - Should You Buy?

Constellium SE (NYSE:CSTM - Get Free Report)'s stock price traded up 5.3% on Tuesday . The stock traded as high as $9.59 and last traded at $9.63. 2,453,109 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 1,363,579 shares. The stock had previously closed at $9.15.

Wall Street Analyst Weigh In

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

Constellium Price Performance

The firm has a market cap of $1.60 billion, a PE ratio of 34.94 and a beta of 1.65. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The company has a 50 day moving average price of $10.12 and a 200 day moving average price of $10.67.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.19. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the previous year, the company posted $0.11 EPS. The business's revenue was up 5.3% on a year-over-year basis. On average, sell-side analysts expect that Constellium SE will post 1.1 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. increased its position in Constellium by 26.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company's stock worth $203,642,000 after buying an additional 4,181,823 shares in the last quarter. Nut Tree Capital Management LP increased its position in Constellium by 52.8% during the 4th quarter. Nut Tree Capital Management LP now owns 5,500,000 shares of the industrial products company's stock worth $56,485,000 after purchasing an additional 1,900,000 shares in the last quarter. D. E. Shaw & Co. Inc. raised its stake in Constellium by 112.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,426,033 shares of the industrial products company's stock valued at $24,915,000 after purchasing an additional 1,282,587 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Constellium by 242.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,522,400 shares of the industrial products company's stock valued at $15,636,000 after purchasing an additional 1,078,196 shares in the last quarter. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Constellium during the 4th quarter worth about $8,615,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

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.