Marcus Becker Sells 15,570 Shares of Constellium (NYSE:CSTM) Stock

Constellium SE (NYSE:CSTMGet Free Report) SVP Marcus Becker sold 15,570 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $25.58, for a total value of $398,280.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Constellium Price Performance

CSTM stock opened at $25.96 on Thursday. The company’s 50-day moving average price is $22.16 and its two-hundred day moving average price is $17.88. The firm has a market cap of $3.58 billion, a P/E ratio of 13.45 and a beta of 1.51. The company has a quick ratio of 0.54, a current ratio of 1.28 and a debt-to-equity ratio of 2.29. Constellium SE has a 12 month low of $7.32 and a 12 month high of $27.25.

Constellium (NYSE:CSTMGet Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.44. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Constellium had a return on equity of 33.74% and a net margin of 3.23%.Constellium’s revenue was up 27.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.34) EPS. On average, analysts anticipate that Constellium SE will post 1.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Constellium

Several institutional investors have recently bought and sold shares of the stock. Ethic Inc. lifted its holdings in Constellium by 1.6% during the fourth quarter. Ethic Inc. now owns 29,283 shares of the industrial products company’s stock worth $552,000 after acquiring an additional 456 shares during the period. Mackenzie Financial Corp increased its position in shares of Constellium by 0.4% during the 4th quarter. Mackenzie Financial Corp now owns 132,642 shares of the industrial products company’s stock valued at $2,511,000 after purchasing an additional 512 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Constellium by 29.7% during the 4th quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 707 shares during the period. Allworth Financial LP boosted its holdings in shares of Constellium by 52.5% in the 4th 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 during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Constellium by 34.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,151 shares of the industrial products company’s stock valued at $59,000 after buying an additional 803 shares during the period. Institutional investors own 92.59% of the company’s stock.

Key Stories Impacting Constellium

Here are the key news stories impacting Constellium this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on CSTM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Constellium in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Constellium from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Wells Fargo & Company lifted their price objective on Constellium from $25.00 to $29.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Wall Street Zen raised Constellium from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Finally, Zacks Research raised Constellium from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $29.00.

Get Our Latest Stock Analysis on CSTM

Constellium Company Profile

(Get Free Report)

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.

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