Constellium (NYSE:CSTM) Announces Quarterly Earnings Results

Constellium (NYSE:CSTM) posted its quarterly earnings data on Wednesday. The industrial products company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18, FiscalAI reports. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.73 billion. Constellium had a net margin of 4.87% and a return on equity of 46.22%. The business’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.25 EPS.

Here are the key takeaways from Constellium’s conference call:

• Record second-quarter performance: Adjusted EBITDA excluding metal-price lag reached a company-record €310 million, up 88% year over year, with all operating segments improving and A&T and P&ARP posting segment records.
• Constellium raised its 2026 outlook to €980 million–€1.02 billion of Adjusted EBITDA excluding metal-price lag and more than €300 million of free cash flow, saying it expects to reach its 2028 targets two years early.
• Balance-sheet and shareholder returns continued to improve: leverage fell to 1.8 times, liquidity exceeded €1 billion, the company redeemed €100 million of 2028 notes, and repurchased €20 million of shares during the quarter.
• Aerospace demand, North American automotive sheet demand, and recycling economics remained strong, while aerospace and recycling investments are expected to add capacity and earnings beginning primarily in 2027 and 2028.
• Management expects a softer second half because of normal seasonality, planned maintenance, and the tapering of favorable recycling and metal-cost benefits; European automotive demand remains weak, and macroeconomic, geopolitical, and commodity-price volatility persist.

Constellium Stock Performance

CSTM stock traded down $1.25 during midday trading on Wednesday, reaching $27.83. 751,099 shares of the company’s stock traded hands, compared to its average volume of 2,126,170. The firm has a market capitalization of $3.79 billion, a PE ratio of 9.02 and a beta of 1.55. The company has a 50-day moving average price of $32.01 and a two-hundred day moving average price of $28.42. Constellium has a 52 week low of $13.04 and a 52 week high of $36.99. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.60 and a current ratio of 1.39.

Insider Transactions at Constellium

In other news, insider Philippe Hoffmann sold 50,000 shares of Constellium stock in a transaction on Friday, May 1st. The stock was sold at an average price of $31.92, for a total value of $1,596,000.00. Following the completion of the transaction, the insider directly owned 144,153 shares in the company, valued at approximately $4,601,363.76. The trade was a 25.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jack Q. Guo sold 25,201 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $32.62, for a total value of $822,056.62. Following the sale, the chief financial officer directly owned 185,368 shares in the company, valued at $6,046,704.16. This trade represents a 11.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 195,153 shares of company stock valued at $6,369,312. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CSTM. Quarry LP raised its position in shares of Constellium by 53.7% in the third quarter. Quarry LP now owns 5,610 shares of the industrial products company’s stock worth $83,000 after buying an additional 1,960 shares in the last quarter. Numerai GP LLC purchased a new position in Constellium during the third quarter worth about $154,000. Jain Global LLC bought a new position in Constellium in the 3rd quarter worth about $161,000. Focus Partners Wealth purchased a new stake in shares of Constellium in the 3rd quarter valued at about $161,000. Finally, Rossby Financial LCC bought a new stake in shares of Constellium during the 4th quarter valued at about $188,000. Institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

CSTM has been the subject of a number of research analyst reports. Zacks Research downgraded Constellium from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Wells Fargo & Company decreased their target price on Constellium from $39.00 to $37.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. BMO Capital Markets set a $32.00 price target on shares of Constellium and gave the stock an “outperform” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. restated a “neutral” rating and set a $34.00 price objective (up from $30.00) on shares of Constellium in a report on Thursday, April 30th. Finally, UBS Group lowered their price objective on shares of Constellium from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.60.

About Constellium

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.