Wall Street brokerages expect Constellium N.V. (NYSE:CSTM) to announce $0.12 earnings per share for the current quarter, according to Zacks. Six analysts have provided estimates for Constellium’s earnings, with the lowest EPS estimate coming in at $0.08 and the highest estimate coming in at $0.23. Constellium posted earnings of ($0.21) per share during the same quarter last year, which suggests a positive year over year growth rate of 157.1%. The firm is scheduled to announce its next quarterly earnings report on Thursday, March 8th.

On average, analysts expect that Constellium will report full year earnings of $0.60 per share for the current year, with EPS estimates ranging from $0.42 to $0.76. For the next financial year, analysts expect that the firm will report earnings of $1.09 per share, with EPS estimates ranging from $0.94 to $1.28. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Constellium.

Constellium (NYSE:CSTM) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. Constellium had a negative return on equity of 5.81% and a net margin of 0.61%. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year.

Several analysts recently commented on CSTM shares. Morgan Stanley upgraded Constellium from an “equal weight” rating to an “overweight” rating in a research report on Thursday, November 16th. BMO Capital Markets set a $13.00 target price on Constellium and gave the company a “hold” rating in a research report on Friday, October 27th. BidaskClub upgraded Constellium from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 6th. Cowen restated a “hold” rating and issued a $11.00 target price on shares of Constellium in a research report on Thursday, October 12th. Finally, ValuEngine cut Constellium from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Constellium currently has an average rating of “Hold” and a consensus price target of $11.67.

Constellium (CSTM) traded down $0.05 on Wednesday, reaching $10.45. The company had a trading volume of 689,900 shares, compared to its average volume of 1,277,201. Constellium has a 12-month low of $5.35 and a 12-month high of $12.45. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of -4.43. The firm has a market cap of $1,108.61, a PE ratio of 32.81 and a beta of 0.68.

Several hedge funds have recently modified their holdings of the company. Royce & Associates LP grew its holdings in shares of Constellium by 27.0% in the 2nd quarter. Royce & Associates LP now owns 471,700 shares of the industrial products company’s stock worth $3,255,000 after acquiring an additional 100,300 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Constellium by 249.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 298,250 shares of the industrial products company’s stock worth $2,058,000 after acquiring an additional 212,921 shares during the last quarter. Rubric Capital Management LP grew its holdings in shares of Constellium by 5.2% in the 2nd quarter. Rubric Capital Management LP now owns 1,104,694 shares of the industrial products company’s stock worth $7,622,000 after acquiring an additional 54,694 shares during the last quarter. GSA Capital Partners LLP grew its holdings in shares of Constellium by 63.1% in the 2nd quarter. GSA Capital Partners LLP now owns 387,519 shares of the industrial products company’s stock worth $2,674,000 after acquiring an additional 149,919 shares during the last quarter. Finally, California Public Employees Retirement System grew its holdings in shares of Constellium by 2.2% in the 2nd quarter. California Public Employees Retirement System now owns 722,400 shares of the industrial products company’s stock worth $4,985,000 after acquiring an additional 15,700 shares during the last quarter. Institutional investors own 56.76% of the company’s stock.

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Constellium Company Profile

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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