Constellium (CSTM) Earns Daily Coverage Optimism Score of 0.25
Media headlines about Constellium (NYSE:CSTM) have trended somewhat positive on Thursday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Constellium earned a news impact score of 0.25 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 45.6981161599002 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Constellium provides aluminium solutions for the new Audi A7 (markets.financialcontent.com)
- Parsley Energy, Inc. (PE) Regains Attentions on Diverse News- Constellium NV (CSTM) – Investing News Update (investingbizz.com)
- Constellium NV (CSTM) Has Stock More Room to Run – ExpertGazette (expertgazette.com)
- Zacks: Analysts Anticipate Constellium N.V. (CSTM) Will Announce Earnings of $0.12 Per Share (americanbankingnews.com)
- Constellium N.V. (CSTM) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
A number of brokerages recently commented on CSTM. BidaskClub lowered Constellium from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th. Cowen upgraded Constellium from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $11.00 to $13.00 in a research note on Monday, November 27th. ValuEngine downgraded Constellium from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. BMO Capital Markets set a $13.00 price objective on Constellium and gave the stock a “hold” rating in a research note on Friday, October 27th. Finally, Morgan Stanley upgraded Constellium from an “equal weight” rating to an “overweight” rating in a research note on Thursday, November 16th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target 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, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.36 billion. Constellium had a negative return on equity of 5.81% and a net margin of 0.61%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 earnings per share. equities analysts forecast that Constellium will post 0.6 EPS for the current fiscal 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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