Constellium (CSTM) to Release Earnings on Wednesday

Constellium (NYSE:CSTM) is scheduled to release its earnings data before the market opens on Wednesday, April 24th. Analysts expect Constellium to post earnings of $0.34 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Constellium (NYSE:CSTM) last released its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.23). The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.73 billion. Constellium had a net margin of 1.73% and a return on equity of 16.86%. On average, analysts expect Constellium to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Constellium Price Performance

CSTM opened at $20.97 on Wednesday. The company has a fifty day simple moving average of $20.34 and a 200 day simple moving average of $18.77. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 22.55 and a beta of 1.71. Constellium has a twelve month low of $13.40 and a twelve month high of $23.20. The company has a current ratio of 1.31, a quick ratio of 0.52 and a debt-to-equity ratio of 2.10.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CSTM shares. JPMorgan Chase & Co. raised their price target on shares of Constellium from $25.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. UBS Group began coverage on shares of Constellium in a report on Tuesday, January 16th. They set a “buy” rating and a $27.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Constellium from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Constellium has a consensus rating of “Buy” and an average price target of $25.60.

Hedge Funds Weigh In On Constellium

Hedge funds have recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. grew its stake in shares of Constellium by 35.0% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,700 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 700 shares during the last quarter. Advisor Group Holdings Inc. grew its stake in shares of Constellium by 26.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,612 shares of the industrial products company’s stock worth $64,000 after purchasing an additional 757 shares during the last quarter. UBS Group AG grew its stake in shares of Constellium by 138.2% in the 2nd quarter. UBS Group AG now owns 4,519 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 2,622 shares during the last quarter. West Tower Group LLC grew its stake in shares of Constellium by 592.9% in the 4th quarter. West Tower Group LLC now owns 4,656 shares of the industrial products company’s stock worth $93,000 after purchasing an additional 3,984 shares during the last quarter. Finally, Covestor Ltd acquired a new position in shares of Constellium in the 1st quarter worth approximately $110,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

About Constellium

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.