Key Points
- SVP Marcus Becker sold 15,570 shares on Feb. 20 at an average price of $25.58 for about $398,280, a material insider sale disclosed to the SEC that could increase near‑term selling pressure.
- Constellium recently beat estimates with earnings of $0.80 EPS vs. $0.36 expected and revenue of $2.20B (up 27.9% YoY), and analysts have turned more positive — consensus rating "Buy" with an average target of $29.00.
Constellium SE (NYSE:CSTM - Get Free Report) SVP Stephen Charles Walters sold 1,500 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $25.39, for a total value of $38,085.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Constellium Trading Down 2.6%
NYSE:CSTM opened at $24.71 on Wednesday. The stock has a fifty day simple moving average of $22.00 and a 200 day simple moving average of $17.82. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 12.80 and a beta of 1.51. Constellium SE has a 1-year low of $7.32 and a 1-year high of $27.25. The company has a quick ratio of 0.54, a current ratio of 1.28 and a debt-to-equity ratio of 2.29.
Constellium (NYSE:CSTM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.44. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.05 billion. Constellium had a net margin of 3.23% and a return on equity of 33.74%. The business's quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.34) earnings per share. Sell-side analysts forecast that Constellium SE will post 1.1 earnings per share for the current year.
Institutional Investors Weigh In On Constellium
Several large investors have recently made changes to their positions in CSTM. Invesco Ltd. raised its position in Constellium by 16.2% during the fourth quarter. Invesco Ltd. now owns 164,654 shares of the industrial products company's stock valued at $3,104,000 after acquiring an additional 22,942 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Constellium by 46.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 35,277 shares of the industrial products company's stock valued at $665,000 after purchasing an additional 11,267 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Constellium in the 4th quarter valued at $321,000. Mackenzie Financial Corp boosted its holdings in Constellium by 0.4% in the fourth quarter. Mackenzie Financial Corp now owns 132,642 shares of the industrial products company's stock worth $2,511,000 after purchasing an additional 512 shares in the last quarter. Finally, Empowered Funds LLC increased its position in Constellium by 3.9% during the fourth quarter. Empowered Funds LLC now owns 671,222 shares of the industrial products company's stock worth $12,653,000 after buying an additional 25,231 shares during the last quarter. Institutional investors own 92.59% of the company's stock.
Constellium News Summary
Here are the key news stories impacting Constellium this week:
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their target price on Constellium from $25.00 to $28.00 and gave the company a "buy" rating in a report on Thursday, February 19th. Zacks Research upgraded Constellium from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Constellium in a research note on Monday, December 29th. Wall Street Zen raised shares of Constellium from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Constellium from $26.00 to $29.00 and gave the company an "overweight" rating in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Constellium has a consensus rating of "Buy" and a consensus price target of $29.00.
View Our Latest Stock Report on CSTM
About Constellium
(
Get Free Report)
Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.
Established in 2011 through the consolidation of Rio Tinto Alcan's rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.
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