Constellium - CSTM Stock Forecast, Price & News

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. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including can stock and closure stock for the beverage and food industry, as well as foil stock for the flexible packaging market. It also supplies automotive body sheets and heat exchangers for the automotive market; and specialty reflective sheets. The Aerospace & Transportation segment provides rolled aluminum products, including aerospace plates, sheets, and extrusions; and aerospace wing skins, as well as plates and sheets for use in transportation, industry, and defense applications. The Automotive Structures & Industry segment offers extruded products and technologically advanced structures for the automotive industry, including crash-management systems, body structures, side impact beams, and battery enclosures; and hard and soft alloy extruded profiles for various industry applications in the automotive, engineering, rail, and other transportation end markets. This segment also provides downstream technology and services, which include pre-machining, surface treatment, research and development, and technical support services. The company sells its products directly or through distributors in France, Germany, the Czech Republic, the United Kingdom, Switzerland, and the United States, as well as Shanghai, and Seoul. Constellium SE was incorporated in 2010 and is headquartered in Paris, France.

Constellium Trading Down 4.8 %

Constellium stock traded down $0.68 during trading hours on Tuesday, reaching $13.60. 919,347 shares of the company's stock were exchanged, compared to its average volume of 900,123. The company has a quick ratio of 0.57, a current ratio of 1.21 and a debt-to-equity ratio of 3.23. The firm's 50 day simple moving average is $14.19 and its 200 day simple moving average is $16.28. Constellium has a twelve month low of $11.79 and a twelve month high of $21.59. The firm has a market capitalization of $1.90 billion, a PE ratio of 7.08 and a beta of 1.90.

Constellium (NYSE:CSTM - Get Rating) last issued its earnings results on Wednesday, July 27th. The industrial products company reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.44 by ($0.68). The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.04 billion. Constellium had a net margin of 3.41% and a return on equity of 72.41%. The business's quarterly revenue was up 49.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.88 earnings per share. Research analysts predict that Constellium will post 1.8 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com cut Constellium from a "buy" rating to a "hold" rating in a research note on Thursday, July 28th. Deutsche Bank Aktiengesellschaft increased their price objective on Constellium from $22.00 to $25.00 in a report on Thursday, April 28th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $24.17.