Wall Street brokerages predict that Constellium NV (NYSE:CSTM) will report $1.50 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Constellium’s earnings, with the highest sales estimate coming in at $1.56 billion and the lowest estimate coming in at $1.42 billion. Constellium reported sales of $1.60 billion during the same quarter last year, which indicates a negative year-over-year growth rate of 6.3%. The company is scheduled to report its next earnings results on Thursday, February 20th.

On average, analysts expect that Constellium will report full-year sales of $6.54 billion for the current fiscal year, with estimates ranging from $6.46 billion to $6.60 billion. For the next financial year, analysts expect that the company will report sales of $6.44 billion, with estimates ranging from $5.61 billion to $7.01 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Constellium.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.27). The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.45 billion. Constellium had a negative net margin of 0.28% and a negative return on equity of 12.92%. Constellium’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.54 earnings per share.

Several equities analysts have commented on the stock. ValuEngine downgraded shares of Constellium from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Credit Suisse Group raised their target price on shares of Constellium from $20.00 to $23.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th.

Institutional investors have recently bought and sold shares of the company. Signaturefd LLC raised its holdings in Constellium by 73.8% in the 3rd quarter. Signaturefd LLC now owns 6,950 shares of the industrial products company’s stock worth $88,000 after purchasing an additional 2,950 shares during the period. California State Teachers Retirement System grew its stake in shares of Constellium by 2.5% during the 3rd quarter. California State Teachers Retirement System now owns 124,741 shares of the industrial products company’s stock valued at $1,585,000 after acquiring an additional 3,057 shares during the period. Vanguard Group Inc. raised its stake in Constellium by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 119,704 shares of the industrial products company’s stock worth $1,202,000 after acquiring an additional 3,183 shares during the period. Stifel Financial Corp increased its holdings in shares of Constellium by 6.7% in the third quarter. Stifel Financial Corp now owns 50,891 shares of the industrial products company’s stock worth $651,000 after purchasing an additional 3,190 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Constellium by 0.4% in the third quarter. State Street Corp now owns 740,851 shares of the industrial products company’s stock worth $9,416,000 after buying an additional 3,309 shares in the last quarter. 83.15% of the stock is currently owned by institutional investors.

Shares of CSTM traded down $0.16 during midday trading on Friday, reaching $13.60. The stock had a trading volume of 30,363 shares, compared to its average volume of 1,050,612. The firm has a market cap of $1.94 billion, a PE ratio of 19.15 and a beta of 1.82. The firm has a 50 day simple moving average of $13.95 and a 200-day simple moving average of $11.77. Constellium has a one year low of $6.26 and a one year high of $14.80.

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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