With 1.34 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.86 million shares. The 52-week range on CSTM shows that it touched its highest point at $22.00 and its lowest point at $7.32 during that stretch. It currently has a 1-year price target of $15.00. Beta for the stock currently stands at 1.58.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CSTM was up-trending over the past week, with a rise of 13.45%, but this was up by 29.37% over a month. Three-month performance surged to 11.25% while six-month performance fell -1.98%. The stock lost -45.55% in the past year, while it has gained 5.94% so far this year. A look at the trailing 12-month EPS for CSTM yields 0.45 with Next year EPS estimates of 2.00. For the next quarter, that number is 0.32. This implies an EPS growth rate of 205.79% for this year and 72.30% for next year. EPS is expected to grow by 73.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.74%.
Float and Shares Shorts:
At present, 142.92 million CSTM shares are outstanding with a float of 128.56 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CSTM since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.59951 being high and $0.5404 being low. For CSTM, this leads to a yearly average estimate of $0.57418.
