Constellium (NYSE:CSTM) Releases Earnings Results, Beats Expectations By $0.18 EPS

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

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 $1.31 during trading on Wednesday, reaching $27.77. 904,125 shares of the company’s stock were exchanged, compared to its average volume of 2,127,285. Constellium has a 1-year low of $13.04 and a 1-year high of $36.99. The firm has a market cap of $3.78 billion, a PE ratio of 8.99 and a beta of 1.55. The company’s fifty day moving average price is $32.01 and its 200-day moving average price is $28.42. The company has a quick ratio of 0.60, a current ratio of 1.39 and a debt-to-equity ratio of 1.71.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Zacks Research downgraded Constellium from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Wells Fargo & Company reduced their price objective on Constellium from $39.00 to $37.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. UBS Group decreased their price objective on shares of Constellium from $38.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. Weiss Ratings lowered shares of Constellium from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $34.00 target price (up from $30.00) on shares of Constellium in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Constellium has a consensus rating of “Moderate Buy” and a consensus target price of $35.60.

Insider Activity at Constellium

In related news, SVP Philip Ryan Jurkovic sold 48,784 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $32.01, for a total value of $1,561,575.84. Following the completion of the transaction, the senior vice president owned 172,149 shares in the company, valued at $5,510,489.49. This represents a 22.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michiel Brandjes sold 10,400 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $31.25, for a total transaction of $325,000.00. Following the transaction, the director directly owned 41,600 shares in the company, valued at approximately $1,300,000. The trade was a 20.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 195,153 shares of company stock valued at $6,369,312. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP increased its stake in shares of Constellium by 53.7% during the third quarter. Quarry LP now owns 5,610 shares of the industrial products company’s stock valued at $83,000 after acquiring an additional 1,960 shares during the period. Numerai GP LLC acquired a new stake in Constellium in the third quarter worth approximately $154,000. Jain Global LLC acquired a new stake in Constellium in the third quarter worth approximately $161,000. Focus Partners Wealth bought a new position in Constellium during the 3rd quarter valued at $161,000. Finally, Rossby Financial LCC bought a new position in Constellium during the 4th quarter valued at $188,000. 92.59% of the stock is currently owned by institutional investors.

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.