Constellium (NYSE:CSTM – Get Free Report) posted its earnings results on Thursday. The industrial products company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.47), Zacks reports. Constellium had a return on equity of 10.83% and a net margin of 1.47%.
Constellium Price Performance
CSTM stock opened at $10.40 on Friday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 14.05 and a beta of 1.68. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93. Constellium has a 12-month low of $9.04 and a 12-month high of $23.20. The company’s fifty day simple moving average is $10.17 and its 200 day simple moving average is $12.83.
Analysts Set New Price Targets
CSTM has been the topic of a number of research reports. BMO Capital Markets decreased their target price on shares of Constellium from $22.00 to $18.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. StockNews.com cut shares of Constellium from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Constellium from a “buy” rating to a “hold” rating and cut their price target for the stock from $22.00 to $12.00 in a report on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.50.
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.
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