Equities research analysts forecast that Constellium NV (NYSE:CSTM) will announce $0.14 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Constellium’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.32. Constellium reported earnings per share of ($0.77) during the same quarter last year, which would suggest a positive year-over-year growth rate of 118.2%. The firm is scheduled to announce its next earnings results before the market opens on Thursday, February 28th.

On average, analysts expect that Constellium will report full year earnings of $2.14 per share for the current fiscal year, with EPS estimates ranging from $2.11 to $2.18. For the next year, analysts anticipate that the company will post earnings of $1.23 per share, with EPS estimates ranging from $1.08 to $1.42. Zacks’ earnings per share averages are an average based on a survey of analysts that follow Constellium.

CSTM has been the topic of several research reports. Societe Generale upgraded shares of Constellium from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, October 30th. BMO Capital Markets dropped their target price on shares of Constellium from $14.00 to $11.00 and set a “hold” rating for the company in a report on Friday, October 26th. Finally, ValuEngine lowered shares of Constellium from a “buy” rating to a “hold” rating in a report on Tuesday, October 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. Constellium presently has a consensus rating of “Buy” and an average target price of $14.57.

NYSE CSTM traded down $0.03 on Monday, hitting $8.78. 45,442 shares of the stock were exchanged, compared to its average volume of 783,095. Constellium has a 52 week low of $6.26 and a 52 week high of $13.75. The firm has a market capitalization of $936.50 million, a P/E ratio of -27.45 and a beta of 1.53.

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in shares of Constellium by 1.8% during the fourth quarter. BlackRock Inc. now owns 5,960,083 shares of the industrial products company’s stock worth $41,660,000 after purchasing an additional 102,905 shares in the last quarter. Wiley BROS. Aintree Capital LLC bought a new position in shares of Constellium during the fourth quarter valued at approximately $642,000. Brooks Moore & Associates Inc. bought a new position in shares of Constellium during the fourth quarter valued at approximately $103,000. One Tusk Investment Partners LP bought a new position in shares of Constellium during the fourth quarter valued at approximately $8,982,000. Finally, Renaissance Group LLC raised its holdings in shares of Constellium by 3.4% during the fourth quarter. Renaissance Group LLC now owns 67,188 shares of the industrial products company’s stock valued at $470,000 after acquiring an additional 2,219 shares in the last quarter. 87.15% of the stock is owned by institutional investors and hedge funds.

About Constellium

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.

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Earnings History and Estimates for Constellium (NYSE:CSTM)

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