Constellium SE (NYSE: CSTM) has reported earnings for its third fiscal quarter (ending September 30) of $0.04 versus $0.45 for the same period a year ago. E.P.S. were $0.79 for the latest four quarters through September 30 versus $1.21 for the same period a year ago.
Recent Price Action
Constellium SE (NYSE: CSTM) stock closed at $10.73 on 10/23/24 after a major decline of -28.1%. Moreover, trading volume in this decline was exceptionally high at 962% of normal. The stock has declined -26.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CSTM is expected to continue to be a major Value Builder.
Constellium SE has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Constellium SE has a good Appreciation Score of 77 but a slightly negative Power Rating of 36, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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