Key Points
- Director sold 10,000 shares — Isabelle Boccon‑Gibod sold 10,000 Constellium shares on Feb. 26 at $25.77 for $257,700, leaving her with 23,000 shares (a 30.3% reduction in ownership).
- Beat earnings expectations — Constellium reported $0.80 EPS versus a $0.36 consensus and $2.20B in revenue versus $2.05B, a 27.9% year‑over‑year revenue increase.
- Analysts bullish — Several firms raised targets (JPMorgan to $29, Deutsche Bank to $28, BMO to $30) and the consensus rating is "Buy" with an average price target of $29.
Constellium SE (NYSE:CSTM - Get Free Report) insider Stephane Corre sold 3,200 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $25.71, for a total transaction of $82,272.00. Following the completion of the sale, the insider directly owned 47,444 shares of the company's stock, valued at $1,219,785.24. This trade represents a 6.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Constellium Stock Performance
Shares of CSTM opened at $24.81 on Friday. The company has a market capitalization of $3.35 billion, a PE ratio of 12.86 and a beta of 1.51. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.54 and a current ratio of 1.28. The company's 50 day moving average price is $22.44 and its 200 day moving average price is $18.02. Constellium SE has a 52 week low of $7.32 and a 52 week high of $27.25.
Constellium (NYSE:CSTM - Get Free Report) last released its earnings results on Wednesday, February 18th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.44. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.05 billion. Constellium had a net margin of 3.23% and a return on equity of 33.74%. The company's revenue was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.34) EPS. Research analysts expect that Constellium SE will post 1.1 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
CSTM has been the topic of a number of recent research reports. Zacks Research upgraded Constellium from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 20th. Wall Street Zen raised Constellium from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Constellium from $25.00 to $28.00 and gave the stock a "buy" rating in a report on Thursday, February 19th. BMO Capital Markets lifted their target price on shares of Constellium from $25.00 to $30.00 and gave the company an "outperform" rating in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company increased their price target on shares of Constellium from $25.00 to $29.00 and gave the stock an "overweight" rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, Constellium has a consensus rating of "Buy" and an average target price of $29.00.
Read Our Latest Report on CSTM
Institutional Trading of Constellium
A number of institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in Constellium by 6,985.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,488 shares of the industrial products company's stock valued at $28,000 after buying an additional 1,467 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Constellium by 578.6% during the third quarter. EverSource Wealth Advisors LLC now owns 2,348 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 2,002 shares during the period. Allworth Financial LP grew its position in shares of Constellium by 52.5% in the fourth quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company's stock valued at $39,000 after purchasing an additional 714 shares during the last quarter. KBC Group NV acquired a new position in shares of Constellium during the 2nd quarter worth about $56,000. Finally, GAMMA Investing LLC boosted its stake in Constellium by 29.7% during the 4th quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company's stock valued at $58,000 after purchasing an additional 707 shares during the period. 92.59% of the stock is currently owned by institutional investors and hedge funds.
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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