The stock price of Constellium SE (NYSE: CSTM) has surged by 0.86 when compared to previous closing price of 11.58, seekingalpha.com reported 2024-10-23 that Constellium SE (NYSE:CSTM ) Q3 2024 Earnings Call Transcript October 23, 2024 10:00 AM ET Company Participants Jason Hershiser – Director, Investor Relations Jean Germain – Chief Executive Officer Jack Guo – Chief Financial Officer Conference Call Participants Katja Jancic – BMO Capital Markets Bill Peterson – JPMorgan Timna Tanners – Wolfe Research Josh Sullivan – The Benchmark Company Operator Hello, everyone and welcome to the Constellium Third Quarter 2024 Earnings Call. My name is Drew, and I will be coordinating your call today.
Is It Worth Investing in Constellium SE (NYSE: CSTM) Right Now?
The price-to-earnings ratio for Constellium SE (NYSE: CSTM) is above average at 16.32x. The 36-month beta value for CSTM is also noteworthy at 1.97. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CSTM is 132.06M, and at present, short sellers hold a 1.77% of that float. The average trading volume of CSTM on November 21, 2024 was 1.51M shares.
CSTM’s Market Performance
CSTM stock saw a decrease of 0.00% in the past week, with a monthly decline of -21.77% and a quarterly a decrease of -26.68%. The volatility ratio for the week is 3.28%, and the volatility levels for the last 30 days are 4.16% for Constellium SE (CSTM). The simple moving average for the last 20 days is 1.28% for CSTM stock, with a simple moving average of -34.90% for the last 200 days.
Analysts’ Opinion of CSTM
Many brokerage firms have already submitted their reports for CSTM stocks, with Deutsche Bank repeating the rating for CSTM by listing it as a “Hold.” The predicted price for CSTM in the upcoming period, according to Deutsche Bank is $12 based on the research report published on October 24, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see CSTM reach a price target of $27. The rating they have provided for CSTM stocks is “Buy” according to the report published on January 16th, 2024.
JP Morgan gave a rating of “Overweight” to CSTM, setting the target price at $24 in the report published on May 08th of the previous year.
CSTM Trading at -15.94% from the 50-Day Moving Average
After a stumble in the market that brought CSTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.66% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 3.28%, as shares surge +8.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.82% lower at present.
During the last 5 trading sessions, CSTM remain unchanged, which changed the moving average for the period of 200-days by -38.49% in comparison to the 20-day moving average, which settled at $11.53. In addition, Constellium SE saw -41.48% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CSTM
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.09 for the gross margin
The net margin for Constellium SE stands at 0.01. The total capital return value is set at 0.09. Equity return is now at value 10.97, with 2.05 for asset returns.
Based on Constellium SE (CSTM), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 2.03. The interest coverage ratio of the stock is 2.21.
Currently, EBITDA for the company is 605.0 million with net debt to EBITDA at 2.93. When we switch over and look at the enterprise to sales, we see a ratio of 0.49. The receivables turnover for the company is 11.43for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In summary, Constellium SE (CSTM) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
