Constellium (NYSE:CSTM) Issues Earnings Results

Constellium (NYSE:CSTM) released its quarterly earnings data on Thursday. The industrial products company reported ($0.34) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.47), Zacks reports. Constellium had a net margin of 1.47% and a return on equity of 10.83%.

Constellium Stock Performance

NYSE:CSTM traded up $1.35 during trading on Thursday, reaching $10.42. The company’s stock had a trading volume of 1,482,533 shares, compared to its average volume of 1,286,053. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 14.05 and a beta of 1.68. Constellium has a 12 month low of $9.04 and a 12 month high of $23.20. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. The firm has a 50 day moving average of $10.19 and a 200-day moving average of $12.85.

Analysts Set New Price Targets

A number of analysts have commented on the stock. BMO Capital Markets decreased their price target on shares of Constellium from $22.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut shares of Constellium from a “buy” rating to a “hold” rating and dropped their price target for the company from $22.00 to $12.00 in a research report on Thursday, October 24th. Finally, StockNews.com lowered Constellium from a “buy” rating to a “hold” rating 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.