Constellium SE (NYSE:CSTM) has a beta value of 2.70 and has seen 0.56 million shares traded in the last trading session. The company, currently valued at $3.01B, closed the last trade at $21.04 per share which meant it lost -$0.21 on the day or -0.99% during that session. The CSTM stock price is -2.61% off its 52-week high price of $21.59 and 65.73% above the 52-week low of $7.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.16 million shares traded. The 3-month trading volume is 1.36 million shares.
The consensus among analysts is that Constellium SE (CSTM) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.24.
Constellium SE (NYSE:CSTM) trade information
Sporting -0.99% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the CSTM stock price touched $21.04 or saw a rise of 2.55%. Year-to-date, Constellium SE shares have moved 50.39%, while the 5-day performance has seen it change 5.73%. Over the past 30 days, the shares of Constellium SE (NYSE:CSTM) have changed 11.03%. Short interest in the company has seen 4.43 million shares shorted with days to cover at 4.22.
Wall Street analysts have a consensus price target for the stock at $20.73, which means that the shares’ value could drop -1.5% from current levels. The projected low price target is $18.55 while the price target rests at a high of $22.03. In that case, then, we find that the current price level is -4.71% off the targeted high while a plunge would see the stock lose 11.83% from current levels.
Constellium SE (CSTM) estimates and forecasts
Figures show that Constellium SE shares have outperformed across the wider relevant industry. The company’s shares have gained 47.86% over the past 6 months, with this year growth rate of 1,164.71%, compared to 32.10% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 50.00% and -5.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -5.40%.
6 analysts offering their estimates for the company have set an average revenue estimate of $1.38 billion for the current quarter. 5 have an estimated revenue figure of $1.38 billion for the next quarter concluding in Dec 2021. Year-ago sales stood $1.43 billion and $1.5 billion respectively for this quarter and the next, and analysts expect sales will shrink by -3.30% for the current quarter and -8.20% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 50.80% over the past 5 years.
Constellium SE is expected to release its next earnings report on April 28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Constellium SE (NYSE:CSTM)’s Major holders
Insiders own 1.37% of the company shares, while shares held by institutions stand at 96.72% with a share float percentage of 98.06%. Investors are also buoyed by the number of investors in a company, with Constellium SE having a total of 214 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 19.24 million shares worth more than $364.51 million. As of Jun 29, 2021, Price (T.Rowe) Associates Inc held 13.74% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 9.71 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $183.98 million and represent 6.94% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Janus Henderson Contrarian Fund and Price (T.Rowe) Small-Cap Value Fund. As of Jun 29, 2021, the former fund manager holds about 5.22% shares in the company for having 7.31 million shares of worth $138.52 million while later fund manager owns 5.34 million shares of worth $78.57 million as of Mar 30, 2021, which makes it owner of about 3.82% of company’s outstanding stock.