Somewhat Positive News Coverage Somewhat Unlikely to Affect Constellium N.V. (NYSE:CSTM) Share Price
Media headlines about Constellium N.V. (NYSE:CSTM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Constellium N.V. earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.093311703074 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Constellium NV Ordinary Share (NYSE:CSTM) Stock Traded 23.3% Above Its 50 Day Average – Modern Readers (modernreaders.com)
- Analysts’ Review under Consideration: Constellium NV (CSTM) – ExpertGazette (expertgazette.com)
- Constellium NV (NYSE:CSTM) PT Set at $9.00 by BMO Capital Markets (wisdomsave.com)
- Analysts Set Constellium NV (CSTM) Target Price at $8.75 (vothemes.com)
- Constellium NV Ordinary Share (NYSE:CSTM) Traded Much Higher Than Its 50 Day Average – First News 24 (firstnewspaper24.com)
Shares of Constellium N.V. (CSTM) opened at 9.65 on Friday. The company has a market cap of $1.02 billion, a PE ratio of 36.69 and a beta of 0.77. The firm’s 50 day moving average is $8.15 and its 200 day moving average is $7.17. Constellium N.V. has a 12 month low of $4.85 and a 12 month high of $10.95.
Constellium N.V. (NYSE:CSTM) last issued its earnings results on Thursday, July 27th. The industrial products company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by $0.08. Constellium N.V. had a net margin of 0.48% and a negative return on equity of 4.31%. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business earned $0.08 EPS. The business’s quarterly revenue was up 12.1% on a year-over-year basis. On average, equities analysts predict that Constellium N.V. will post $0.61 earnings per share for the current year.
Several research firms have issued reports on CSTM. BidaskClub raised Constellium N.V. from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Cowen and Company reduced their price objective on Constellium N.V. from $7.00 to $6.00 and set a “market perform” rating on the stock in a report on Wednesday, April 19th. BMO Capital Markets set a $9.00 price objective on Constellium N.V. and gave the stock a “hold” rating in a report on Friday, July 28th. Finally, Seaport Global Securities downgraded Constellium N.V. from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $8.00 to $9.00 in a report on Friday, July 28th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $8.77.
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Constellium N.V. Company Profile
Constellium N.V. is a Netherlands-based company engaged in developing aluminum products for a range of markets and applications, including aerospace, automotive and packaging. The Company’s manufacturing facilities are located in the United States, Europe and China. It operates through three segments: Packaging & Automotive Rolled Product; Aerospace & Transportation, and Automotive Structures & Industry.
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