Constellium N.V. (CSTM) Scheduled to Post Quarterly Earnings on Thursday
Constellium N.V. (NYSE:CSTM) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $0.19 per share for the quarter.
Constellium N.V. (NYSE:CSTM) last announced its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.08). The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.43 billion. Constellium N.V. had a net margin of 0.48% and a negative return on equity of 4.31%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.08 earnings per share. On average, analysts expect Constellium N.V. to post $0.56 EPS for the current fiscal year and $1.08 EPS for the next fiscal year.
Constellium N.V. (NYSE CSTM) opened at 10.90 on Thursday. The firm has a 50-day moving average price of $10.64 and a 200-day moving average price of $8.26. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 40.82 and a beta of 0.69. Constellium N.V. has a 12 month low of $4.85 and a 12 month high of $11.70.
A number of analysts have weighed in on the stock. BidaskClub raised shares of Constellium N.V. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 6th. Cowen and Company reaffirmed a “hold” rating and set a $11.00 target price on shares of Constellium N.V. in a research note on Thursday, October 12th. Seaport Global Securities cut shares of Constellium N.V. from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $8.00 to $9.00 in a research note on Friday, July 28th. Finally, BMO Capital Markets set a $9.00 target price on shares of Constellium N.V. and gave the stock a “hold” rating in a research note on Friday, July 28th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $9.67.
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About Constellium N.V.
Constellium N.V. is a Netherlands-based company engaged in developing aluminum products for a range of markets and applications, including aerospace, automotive and packaging. The Company’s manufacturing facilities are located in the United States, Europe and China. It operates through three segments: Packaging & Automotive Rolled Product; Aerospace & Transportation, and Automotive Structures & Industry.
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