Equities research analysts expect Constellium NV (NYSE:CSTM) to report $0.21 earnings per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Constellium’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.17. Constellium reported earnings per share of $0.17 during the same quarter last year, which would indicate a positive year over year growth rate of 23.5%. The company is expected to issue its next earnings report before the market opens on Wednesday, April 24th.
On average, analysts expect that Constellium will report full year earnings of $1.13 per share for the current year, with EPS estimates ranging from $0.91 to $1.39. For the next financial year, analysts expect that the business will post earnings of $1.46 per share, with EPS estimates ranging from $1.26 to $1.80. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Constellium.
Constellium (NYSE:CSTM) last issued its earnings results on Thursday, February 21st. The industrial products company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.33). The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.32 billion. Constellium had a net margin of 3.31% and a negative return on equity of 42.78%. The business’s revenue was up 12.0% on a year-over-year basis.
Separately, ValuEngine upgraded shares of Constellium from a “strong sell” rating to a “sell” rating in a research note on Thursday, February 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. Constellium presently has a consensus rating of “Buy” and an average target price of $14.33.
Shares of Constellium stock opened at $9.20 on Friday. The stock has a market capitalization of $1.23 billion, a PE ratio of 13.25 and a beta of 1.53. Constellium has a 1 year low of $6.26 and a 1 year high of $13.35.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Deutsche Bank AG raised its stake in Constellium by 20.6% during the fourth quarter. Deutsche Bank AG now owns 331,245 shares of the industrial products company’s stock worth $2,314,000 after acquiring an additional 56,666 shares during the period. Norges Bank acquired a new stake in Constellium during the fourth quarter worth about $7,280,000. FMR LLC raised its stake in Constellium by 24.7% during the fourth quarter. FMR LLC now owns 3,337,000 shares of the industrial products company’s stock worth $23,326,000 after acquiring an additional 660,300 shares during the period. Ecofin Ltd. raised its stake in Constellium by 4.5% during the fourth quarter. Ecofin Ltd. now owns 449,356 shares of the industrial products company’s stock worth $3,141,000 after acquiring an additional 19,457 shares during the period. Finally, Legal & General Group Plc raised its stake in Constellium by 0.5% during the fourth quarter. Legal & General Group Plc now owns 395,225 shares of the industrial products company’s stock worth $2,762,000 after acquiring an additional 2,088 shares during the period. Hedge funds and other institutional investors own 68.27% of the company’s stock.
Constellium Company Profile
Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.
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