Constellium
CSTM

$16.99

0.53%

Market Cap: 2.48B

About: Constellium SE is engaged in the design and manufacture of rolled and extruded aluminium products, serving the packaging, aerospace, automotive, defence and other transportation and industry end-markets. The business is organized into three operating segments: i) Packaging and Automotive Rolled Products segment which includes the production of rolled aluminium products in European and North American facilities. ii) Aerospace and Transportation segment includes the production of rolled aluminium products and very limited volumes of extruded products in European and North American facilities. iii) The Automotive Structures and Industry segment includes the production of extruded aluminium products and aluminium structural components.

Employees: 12,000

Funds holding %

of 6,702 funds

Analysts bullish %

of 6 analysts

News positive %

of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

65% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 51

33% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 30

13% more capital invested

Capital invested by funds: $2.66B [Q4 2023] → $3.02B (+$357M) [Q1 2024]

8% more funds holding in top 10

Funds holding in top 10: 13 [Q4 2023] → 14 (+1) [Q1 2024]

5% more funds holding

Funds holding: 192 [Q4 2023] → 202 (+10) [Q1 2024]

2.88% more ownership

Funds ownership: 126.62% [Q4 2023] → 129.51% (+2.88%) [Q1 2024]

33% less call options, than puts

Call options by funds: $6.69M | Put options by funds: $10M

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$24

41%

upside

Avg. target

$26

50%

upside

High target

$28

65%

upside

6 analyst ratings

6 positive

100%

0 neutral

0 negative

BMO Capital Katja Jancic	41%upside $24	Outperform Maintained	24 Jul 2024
Deutsche Bank Corinne Blanchard	41%upside $24	Buy Maintained	16 Jul 2024
JP Morgan Bill Peterson	53%upside $26	Overweight Maintained	11 Jul 2024
JP Morgan Bill Peterson	59%upside $27	Overweight Maintained	25 Apr 2024
Benchmark Josh Sullivan	41%upside $24	Buy Reiterated	19 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about CSTM published over the past 30 days

Neutral

GlobeNewsWire

1 day ago

Constellium Prices Company's Notes Offering

PARIS, July 25, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) announced today that the Company has priced a private offering (the “Notes Offering”) of €300 million of euro denominated senior unsecured notes due 2032 (the “Euro Notes”) and $350 million of U.S. dollar denominated senior unsecured notes due 2032 (the “USD Notes” and together with the Euro Notes, the “Notes”).

Neutral

GlobeNewsWire

2 days ago

Constellium Launches Proposed Senior Notes Offering

PARIS, July 24, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) announced today the commencement of a proposed private offering of approximately €300 million of euro denominated senior unsecured notes due 2032 (the “Euro Notes”) and $350 million of U.S. dollar denominated senior unsecured notes due 2032 (together with the Euro Notes, the “Notes”), subject to market and other conditions (the “Notes Offering”).

Neutral

Seeking Alpha

3 days ago

Constellium SE (CSTM) Q2 2024 Earnings Call Transcript

Constellium SE (NYSE:CSTM ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jason Hershiser - Director of IR Jean-Marc Germain - CEO Jack Guo - CFO Conference Call Participants Katja Jancic - BMO Capital Markets Timna Tanners - Wolfe Research Bill Peterson - JPMorgan Corinne Blanchard - Deutsche Bank Josh Sullivan - The Benchmark Company Operator Good morning, everyone and welcome to the Constellium Second Quarter 2024 Results Call. My name is Angela, and I will be coordinating your call today.

Positive

Zacks Investment Research

3 days ago

Constellium (CSTM) Q2 Earnings Beat Estimates

Constellium (CSTM) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago.

Neutral

GlobeNewsWire

3 days ago

Constellium's Muscle Shoals facility receives Department of Defense grant to increase casting capacity

PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium (NYSE: CSTM) announced today that its facility in Muscle Shoals, Alabama has been selected by the U.S. Department of Defense (DoD) for an investment of $23 million under Title III, Defense Production Act to rebuild its Direct Chill aluminium casting center.

Neutral

GlobeNewsWire

3 days ago

Constellium Reports Second Quarter and First Half 2024 Results

PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) ("Constellium" or the "Company") today reported results for the second quarter ended June 30, 2024. As a reminder of the press release issued on February 21, 2024 and following the SEC comment letter review process, Constellium will no longer report Value-Added Revenue (VAR), a Non-GAAP financial measure.

Neutral

GlobeNewsWire

3 days ago

Constellium signs long-term agreement with Lotte Infracell and invests to increase capacity at its Singen facility to supply foilstock for battery applications in Europe

PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) announced today that it has signed a long-term agreement with Lotte Infracell, a subsidary of Lotte Aluminium, a leading provider of aluminium solutions, to supply foilstock for Lotte's battery foil applications in Europe. This partnership highlights Constellium's commitment to the growing electric vehicle (EV) market and its strategic focus on cutting-edge automotive aluminium solutions.

$Constellium signs long-term agreement with Lotte Infracell and invests to increase capacity at its Singen facility to supply foilstock for battery applications in Europe$