Aston Martin Lagonda Global (LON:AML) Hits New 52-Week Low - Time to Sell?

Key Points

• Aston Martin Lagonda shares hit a new 52-week low, trading as low as GBX 33.04 before recovering to GBX 36.06 on heavy volume.
• Analysts have broadly maintained “Hold” ratings, but Citigroup and Deutsche Bank cut their price targets to GBX 40; the average target is GBX 44.75.
• The company reported a quarterly loss of GBX 15.20 per share and continues to show financial strain, including a negative net margin, negative return on equity, and very high debt-to-equity ratio.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 33.04 and last traded at GBX 36.06, with a volume of 8209511 shares changing hands. The stock had previously closed at GBX 34.28.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup lowered their price objective on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating for the company in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating on the stock in a research report on Thursday, July 30th. Finally, Jefferies Financial Group reissued a "hold" rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of GBX 44.75.

Aston Martin Lagonda Global Stock Up 5.2%

The company has a market cap of £365.98 million, a P/E ratio of -0.72, a price-to-earnings-growth ratio of 0.03 and a beta of 1.97. The company has a debt-to-equity ratio of 893.66, a quick ratio of 0.71 and a current ratio of 0.93. The business's fifty day moving average is GBX 37.20 and its two-hundred day moving average is GBX 43.34.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported GBX (15.20) EPS for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Equities analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

Aston Martin Lagonda Global Company Profile

Aston Martin's vision is to be the world's most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars. Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.

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