Constellium NV (CSTM) Receives Average Recommendation of “Buy” from Analysts

Shares of Constellium NV (NYSE:CSTM) have received a consensus rating of “Buy” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $14.00.

Separately, ValuEngine upgraded shares of Constellium from a “strong sell” rating to a “sell” rating in a research report on Thursday, February 28th.

Constellium stock traded down $0.49 during midday trading on Monday, hitting $9.03. The company’s stock had a trading volume of 13,956 shares, compared to its average volume of 1,229,004. Constellium has a 1-year low of $6.26 and a 1-year high of $13.35. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 13.04 and a beta of 1.59.

Constellium (NYSE:CSTM) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.49 billion. Constellium had a negative return on equity of 63.65% and a net margin of 4.13%. Constellium’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.18) EPS. On average, equities analysts forecast that Constellium will post 1.01 EPS for the current year.

Several large investors have recently modified their holdings of CSTM. One Tusk Investment Partners LP acquired a new position in shares of Constellium in the 4th quarter valued at approximately $8,982,000. Norges Bank acquired a new position in shares of Constellium in the 4th quarter valued at approximately $7,280,000. Vaughan Nelson Investment Management L.P. raised its position in shares of Constellium by 20.3% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 3,938,915 shares of the industrial products company’s stock valued at $27,534,000 after buying an additional 665,890 shares in the last quarter. FMR LLC raised its position in shares of Constellium by 24.7% in the 4th quarter. FMR LLC now owns 3,337,000 shares of the industrial products company’s stock valued at $23,326,000 after buying an additional 660,300 shares in the last quarter. Finally, Evermore Global Advisors LLC raised its position in shares of Constellium by 11.1% in the 4th quarter. Evermore Global Advisors LLC now owns 2,806,202 shares of the industrial products company’s stock valued at $19,615,000 after buying an additional 280,795 shares in the last quarter. Institutional investors own 68.24% of the company’s stock.

About Constellium

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.

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Analyst Recommendations for Constellium (NYSE:CSTM)

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