Constellium (NYSE:CSTM) Posts Quarterly Earnings Results, Misses Expectations By $0.47 EPS

Constellium (NYSE:CSTM) issued its quarterly earnings data on Thursday. The industrial products company reported ($0.34) earnings per share (EPS) 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 Stock Up 14.9 %

Shares of Constellium stock traded up $1.35 during trading on Thursday, reaching $10.42. 1,482,533 shares of the company traded hands, compared to its average volume of 1,286,053. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The firm has a market capitalization of $1.53 billion, a PE ratio of 14.05 and a beta of 1.68. The company has a 50 day moving average price of $10.19 and a 200-day moving average price of $12.85. Constellium has a 1-year low of $9.04 and a 1-year high of $23.20.

Analysts Set New Price Targets

Several research firms have issued reports on CSTM. BMO Capital Markets lowered their price target on shares of Constellium from $22.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft downgraded shares of Constellium from a “buy” rating to a “hold” rating and lowered their target price for the stock from $22.00 to $12.00 in a research note on Thursday, October 24th. Finally, StockNews.com downgraded Constellium from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Constellium Company Profile

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.