In yesterday’s Wall Street session, Constellium SE (NYSE:CSTM) shares traded at $13.20, up 0.61% from the previous session.
6 analysts cover Constellium SE (NYSE:CSTM), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $21.37 and a low of $12.44, we find $16.05. Given the previous closing price of $13.12, this indicates a potential upside of 22.33 percent. CSTM stock price is now 12.02% away from the 50-day moving average and -4.14% away from the 200-day moving average. The market capitalization of the company currently stands at $1.86B.
The stock has received a hold rating from 0 analysts and a buy rating from 6. Brokers who have rated the stock have averaged $16.48 as their price target over the next twelve months.
With the price target reduced from $22 to $21, JP Morgan Downgraded its rating from Overweight to Neutral for Constellium SE (NYSE: CSTM). On November 17, 2021, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $24, while ‘Goldman’ rates the stock as ‘Buy’.
A total of 1.51% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CSTM stock. A new stake in Constellium SE shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $186,889,000. MASSACHUSETTS FINANCIAL SERVICES CO /MA/ invested $4,429,000 in shares of CSTM during the first quarter. In the first quarter, HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC acquired a new stake in Constellium SE valued at approximately $2,245,000. HSBC HOLDINGS PLC acquired a new stake in CSTM for approximately $1,403,000. APOGEM CAPITAL LLC purchased a new stake in CSTM valued at around $1,036,000 in the second quarter. In total, there are 262 active investors with 94.80% ownership of the company’s stock.
On Monday morning Constellium SE (NYSE: CSTM) stock kicked off with the opening price of $13.41. During the past 12 months, Constellium SE has had a low of $9.82 and a high of $20.85. As of last week, the company has a debt-to-equity ratio of 2.82, a current ratio of 1.20, and a quick ratio of 0.50. The fifty day moving average price for CSTM is $11.78 and a two-hundred day moving average price translates $13.77 for the stock.
The latest earnings results from Constellium SE (NYSE: CSTM) was released for Sep, 2022. According to the Aluminum Company, earnings per share came in at $0.89, beating analysts’ expectations of $0.42 by 0.47. This compares to $0.79 EPS in the same period last year. The net profit margin was 3.50% and return on equity was 52.00% for CSTM. The company reported revenue of $2.04 billion for the quarter, compared to $1.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.83 percent. For the current quarter, analysts expect CSTM to generate $1.99B in revenue.
Constellium SE(CSTM) Company Profile
Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment produces rolled aluminum products, including can stock and closure stock for the beverage and food industry, as well as foil stock for the flexible packaging market. It also supplies automotive body sheets and heat exchangers for the automotive market; and specialty reflective sheets. The Aerospace & Transportation segment provides rolled aluminum products, including aerospace plates, sheets, and extrusions; and aerospace wing skins, as well as plates and sheets for use in transportation, industry, and defense applications. The Automotive Structures & Industry segment offers extruded products and technologically advanced structures for the automotive industry, including crash-management systems, body structures, side impact beams, and battery enclosures; and hard and soft alloy extruded profiles for various industry applications in the automotive, engineering, rail, and other transportation end markets. This segment also provides downstream technology and services, which include pre-machining, surface treatment, research and development, and technical support services. The company sells its products directly or through distributors in France, Germany, the Czech Republic, the United Kingdom, Switzerland, and the United States, as well as Shanghai, and Seoul. Constellium SE was incorporated in 2010 and is headquartered in Paris, France.