With 1.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.35 million shares. The 52-week range on CSTM shows that it touched its highest point at $23.20 and its lowest point at $9.04 during that stretch. It currently has a 1-year price target of $16.75. Beta for the stock currently stands at 1.78.
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 6.84%, but this was up by 16.07% over a month. Three-month performance dropped to -6.48% while six-month performance fell -30.85%. The stock lost -41.22% in the past year, while it has gained 11.10% so far this year. A look at the trailing 12-month EPS for CSTM yields 0.31 with Next year EPS estimates of 1.59. For the next quarter, that number is 0.11. This implies an EPS growth rate of 167.80% for this year and 56.73% for next year.
Float and Shares Shorts:
At present, 143.52 million CSTM shares are outstanding with a float of 129.10 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 $0.67217 being high and $0.6059 being low. For CSTM, this leads to a yearly average estimate of $0.64377. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.28.
