Constellium (CSTM) to Release Earnings on Wednesday

Constellium (NYSE:CSTM) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Constellium (NYSE:CSTM) last posted its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. Constellium had a return on equity of 17.59% and a net margin of 2.35%. The company had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the previous year, the business earned $0.35 EPS. Constellium’s quarterly revenue was down 7.9% on a year-over-year basis. On average, analysts expect Constellium to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Constellium Price Performance

NYSE:CSTM opened at $15.00 on Monday. Constellium has a 12 month low of $14.12 and a 12 month high of $23.20. The stock has a 50 day moving average of $15.97 and a two-hundred day moving average of $18.45. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 1.89. The firm has a market cap of $2.16 billion, a P/E ratio of 16.67 and a beta of 1.59.

Wall Street Analysts Forecast Growth

CSTM has been the subject of several research reports. Deutsche Bank Aktiengesellschaft cut their price objective on Constellium from $23.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, October 3rd. JPMorgan Chase & Co. lowered their target price on Constellium from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. Finally, BMO Capital Markets lowered their target price on Constellium from $24.00 to $22.00 and set an “outperform” rating on the stock in a report on Thursday, October 10th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Constellium currently has an average rating of “Buy” and a consensus target price of $23.80.

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.