Constellium SE (NYSE:CSTM) Is A Blank Check For Growth

Constellium SE (NYSE:CSTM) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -0.61% to the previous day’s close as weak demand from buyers trailed the stock to $14.63.

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Actively observing the price movement in the last trading, the stock closed the session at $14.72, falling within a range of $14.53 and $14.98. The value of beta (5-year monthly) was 2.7 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $17.08, and the low was $5.19. On the whole, CSTM has fluctuated by 2.81% over the past month.

With the market capitalization of Constellium SE currently standing at about $2.02 Billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 27, 2021- May 01, 2021. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. As a result, investors may see a weakening in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.1, which is expected to increase to -$0.18 for fiscal year 2021 and then to about $1.53 by fiscal year 2022. Data indicates that the EPS growth is expected to be -5.94% in 2021, while the next year’s EPS growth is forecast to be 0.72%.

Analysts have estimated the company’s revenue for the quarter at $1.55 Billion, with a low estimate of $1.42 Billion and a high estimate of $1.7 Billion. According to the average forecast, sales growth in current quarter could jump up +7.8%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $6.27 Billion, representing an increase of 8.1% from the revenues reported in the last year’s results.

We see that CSTM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

5 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by none analyst(s), 5 recommend it as a Buy and no body called the CSTM stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.

A comparison of Constellium SE (CSTM) with its peers suggests the former has fared considerably weaker in the market. CSTM showed an intraday change of -0.61% in last session, and over the past year, it grew by +192.02%. In comparison, Reliance Steel & Aluminum Company (RS) has moved lower at -0.21% on the day and was up +83.27% over the past 12 months. On the other hand, the price of Alcoa Corp (AA) has risen 0.67% on the day. The stock, however, is off 381.22% from where it was a year ago. Additionally, there is a decline of -61% for Arconic Corp (ARNC) in last trading while the stock has seen an overall apprecation of 192.02% over the past year. The PE ratio stands at 0 for Constellium SE, compared to 27.23 for Reliance Steel & Aluminum Company, and 0 for Alcoa Corp. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.


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Data on historical trading for Constellium SE (NYSE:CSTM) indicates that the trading volumes over the past 10 days have averaged 659.5 Million and over the past 3 months, they’ve averaged 1Million. According to company’s latest data on outstanding shares, there are 139.96 Million shares outstanding.

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Nearly 1.12% of Constellium SE’s shares belong to company insiders and institutional investors own 91.47% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 2.68 Million shares as on March 14, 2021, resulting in a short ratio of 1.87. According to the data, the short interest in Constellium SE (CSTM) stood at 1.91% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 1.04 Million. The stock has risen by +4.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CSTM stock heading into the next quarter.

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