Constellium SE (NYSE:CSTM) Given Average Rating of "Hold" by Brokerages

Constellium SE (NYSE:CSTM - Get Free Report) has been given an average recommendation of "Hold" by the five ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $18.00.

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Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Constellium from a "buy" rating to a "hold" rating in a research report on Monday. Zacks Research cut shares of Constellium from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a "sell (d+)" rating on shares of Constellium in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on Constellium from $17.00 to $22.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Wells Fargo & Company increased their target price on Constellium from $16.00 to $17.00 and gave the company an "equal weight" rating in a research note on Thursday.

Check Out Our Latest Research Report on Constellium

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Bailard Inc. boosted its stake in Constellium by 4.0% during the 3rd quarter. Bailard Inc. now owns 49,100 shares of the industrial products company's stock valued at $731,000 after acquiring an additional 1,900 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Constellium by 81.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 38,387 shares of the industrial products company's stock valued at $590,000 after purchasing an additional 17,223 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Constellium during the third quarter worth about $2,876,000. State of Alaska Department of Revenue grew its stake in Constellium by 4.2% in the third quarter. State of Alaska Department of Revenue now owns 140,705 shares of the industrial products company's stock worth $2,092,000 after purchasing an additional 5,705 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Constellium by 97.2% in the third quarter. SG Americas Securities LLC now owns 889,288 shares of the industrial products company's stock valued at $13,233,000 after buying an additional 438,412 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Constellium Trading Down 0.7%

NYSE:CSTM traded down $0.12 on Thursday, reaching $16.15. The stock had a trading volume of 2,040,740 shares, compared to its average volume of 1,498,316. Constellium has a 12-month low of $7.32 and a 12-month high of $18.01. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 85.00 and a beta of 1.71. The firm's fifty day moving average is $15.13 and its two-hundred day moving average is $13.46. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.23 and a quick ratio of 0.53.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.25. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.79 billion. Constellium had a return on equity of 3.43% and a net margin of 0.37%.The firm's quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the company earned $0.02 EPS. Equities analysts expect that Constellium will post 1.1 EPS for the current fiscal year.

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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