Equities research analysts predict that Constellium NV (NYSE:CSTM) will report earnings of $0.28 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Constellium’s earnings, with estimates ranging from $0.18 to $0.38. Constellium reported earnings of $0.27 per share during the same quarter last year, which would indicate a positive year over year growth rate of 3.7%. The firm is scheduled to issue its next quarterly earnings results on Thursday, October 24th.
According to Zacks, analysts expect that Constellium will report full year earnings of $0.86 per share for the current fiscal year, with EPS estimates ranging from $0.67 to $1.10. For the next financial year, analysts forecast that the company will report earnings of $1.46 per share, with EPS estimates ranging from $1.24 to $1.67. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Constellium.
Constellium (NYSE:CSTM) last issued its quarterly earnings results on Wednesday, July 24th. The industrial products company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.20). The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.54 billion. Constellium had a negative return on equity of 49.69% and a net margin of 3.44%. The company’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share.
Several large investors have recently modified their holdings of the company. Legal & General Group Plc lifted 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 valued at $2,762,000 after purchasing an additional 2,088 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Constellium by 1.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 126,344 shares of the industrial products company’s stock valued at $1,008,000 after purchasing an additional 2,369 shares during the last quarter. Signaturefd LLC acquired a new stake in Constellium during the second quarter valued at approximately $40,000. Cohen Capital Management Inc. lifted its stake in Constellium by 1.6% during the second quarter. Cohen Capital Management Inc. now owns 291,912 shares of the industrial products company’s stock valued at $2,931,000 after purchasing an additional 4,500 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Constellium by 2.1% during the second quarter. Swiss National Bank now owns 225,300 shares of the industrial products company’s stock valued at $2,262,000 after purchasing an additional 4,600 shares during the last quarter. 65.85% of the stock is owned by institutional investors.
Shares of NYSE:CSTM traded up $0.37 during trading on Tuesday, reaching $11.85. The company had a trading volume of 1,189,400 shares, compared to its average volume of 1,019,033. The business’s fifty day moving average is $10.92. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 16.69 and a beta of 1.71. Constellium has a twelve month low of $6.26 and a twelve month high of $12.94.
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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