Constellium (CSTM) Earning Somewhat Favorable Press Coverage, Report Shows
Media stories about Constellium (NYSE:CSTM) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Constellium earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.8198266391248 out of 100, meaning that recent media 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’s analysis:
- Constellium NV (CSTM) Where Moving Ahead? – ExpertGazette (expertgazette.com)
- Analysts’ Recommendations in Limelight: Constellium NV (CSTM) – ExpertGazette (expertgazette.com)
- Constellium: As Manufacturer Deleverages, Cowen Finds More Positives (finance.yahoo.com)
- Constellium N.V. (CSTM) Lifted to Buy at Cowen Inc (americanbankingnews.com)
A number of analysts have weighed in on CSTM shares. BidaskClub lowered Constellium from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 14th. ValuEngine lowered Constellium from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. BMO Capital Markets set a $13.00 target price on Constellium and gave the stock a “hold” rating in a research note on Friday, October 27th. Cowen reiterated a “hold” rating and issued a $11.00 target price on shares of Constellium in a research note on Thursday, October 12th. Finally, Morgan Stanley upgraded Constellium from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 16th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $11.67.
Constellium (NYSE:CSTM) last released its earnings results on Thursday, October 26th. The industrial products company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. Constellium had a negative return on equity of 5.81% and a net margin of 0.61%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the firm posted $0.14 earnings per share. The business’s revenue was up 6.7% compared to the same quarter last year. sell-side analysts expect that Constellium will post 0.6 EPS for the current year.
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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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