Constellium (NYSE:CSTM) Director Jean-Christophe Deslarzes Buys 1,490 Shares

Constellium SE (NYSE:CSTM) Director Jean-Christophe Deslarzes purchased 1,490 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was bought at an average price of $27.24 per share, for a total transaction of $40,587.60. Following the completion of the acquisition, the director owned 43,515 shares of the company’s stock, valued at approximately $1,185,348.60. The trade was a 3.55% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Constellium Price Performance

Constellium stock opened at $28.42 on Tuesday. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 7.32 and a beta of 1.55. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.43 and a quick ratio of 0.61. Constellium SE has a 1 year low of $13.06 and a 1 year high of $36.99. The firm has a 50-day moving average of $31.64 and a two-hundred day moving average of $28.61.

Constellium (NYSE:CSTM) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18. Constellium had a net margin of 5.69% and a return on equity of 51.66%. The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the firm earned $0.25 EPS. The company’s revenue for the quarter was up 30.7% compared to the same quarter last year. On average, research analysts forecast that Constellium SE will post 3.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $39.00 target price on Constellium in a research report on Thursday. Weiss Ratings lowered Constellium from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 1st. JPMorgan Chase & Co. restated a “neutral” rating and issued a $34.00 price objective (up from $30.00) on shares of Constellium in a report on Thursday, April 30th. UBS Group lowered their price objective on shares of Constellium from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. Finally, Zacks Research downgraded shares of Constellium from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Constellium presently has an average rating of “Moderate Buy” and a consensus target price of $35.80.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CSTM. Ethic Inc. lifted its holdings in Constellium by 1.6% in the 4th quarter. Ethic Inc. now owns 29,283 shares of the industrial products company’s stock valued at $552,000 after purchasing an additional 456 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of Constellium by 0.4% during the fourth quarter. Mackenzie Financial Corp now owns 132,642 shares of the industrial products company’s stock worth $2,511,000 after buying an additional 512 shares in the last quarter. Summit Global Investments grew its holdings in shares of Constellium by 1.7% during the first quarter. Summit Global Investments now owns 33,799 shares of the industrial products company’s stock worth $831,000 after buying an additional 554 shares in the last quarter. Moran Wealth Management LLC raised its position in shares of Constellium by 6.7% in the first quarter. Moran Wealth Management LLC now owns 11,025 shares of the industrial products company’s stock valued at $271,000 after buying an additional 692 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Constellium by 52.5% in the fourth quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company’s stock worth $39,000 after buying an additional 714 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Constellium Company Profile

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.