Equities analysts expect that Constellium NV (NYSE:CSTM) will announce earnings per share of $0.29 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Constellium’s earnings, with the highest EPS estimate coming in at $0.38 and the lowest estimate coming in at $0.18. Constellium posted earnings per share of $0.27 in the same quarter last year, which suggests a positive year-over-year growth rate of 7.4%. The company is scheduled to issue its next quarterly earnings report on Thursday, October 24th.
On average, analysts expect that Constellium will report full year earnings of $0.82 per share for the current year, with EPS estimates ranging from $0.67 to $0.95. For the next year, analysts anticipate that the business will post earnings of $1.46 per share, with EPS estimates ranging from $1.24 to $1.67. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Constellium.
Constellium (NYSE:CSTM) last posted its quarterly earnings data on Wednesday, July 24th. The industrial products company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.20). Constellium had a negative return on equity of 49.69% and a net margin of 3.44%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the business posted $0.39 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis.
Several hedge funds have recently bought and sold shares of CSTM. Signaturefd LLC bought a new stake in Constellium in the 2nd quarter valued at about $40,000. Tower Research Capital LLC TRC increased its position in Constellium by 124.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,130 shares of the industrial products company’s stock valued at $112,000 after buying an additional 6,164 shares in the last quarter. Private Advisor Group LLC bought a new stake in Constellium in the 2nd quarter valued at about $140,000. Paloma Partners Management Co bought a new stake in Constellium in the 2nd quarter valued at about $186,000. Finally, Capital Fund Management S.A. bought a new stake in Constellium in the 2nd quarter valued at about $193,000. 66.88% of the stock is owned by hedge funds and other institutional investors.
Shares of CSTM stock traded down $0.40 during mid-day trading on Friday, hitting $13.30. The company’s stock had a trading volume of 15,926 shares, compared to its average volume of 997,907. The company’s fifty day simple moving average is $12.13 and its 200-day simple moving average is $10.16. Constellium has a 52 week low of $6.26 and a 52 week high of $14.16. The company has a market cap of $1.87 billion, a PE ratio of 19.12 and a beta of 1.73.
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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