Aston Martin Lagonda Global (LON:AML) Shares Down 10.1% - Time to Sell?

Key Points

• Aston Martin Lagonda Global's shares dropped by 10.1%, closing at GBX 73.10 after hitting a low of GBX 71.95, with trading volume significantly up by 39% compared to the average.
• Equities analysts have mixed views, with Deutsche Bank maintaining a "hold" rating and setting a GBX 95 price target, while JPMorgan Chase lowered its target to GBX 75, indicating "neutral" sentiment.
• The company reported a negative net margin of 21.42% and a P/E ratio of -250.34, reflecting ongoing financial challenges despite its iconic brand reputation.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s share price traded down 10.1% during mid-day trading on Monday . The company traded as low as GBX 71.95 ($0.97) and last traded at GBX 73.10 ($0.99). 4,583,481 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 3,299,495 shares. The stock had previously closed at GBX 81.30 ($1.10).

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 95 price target on shares of Aston Martin Lagonda Global in a research note on Thursday, July 31st. JPMorgan Chase & Co. lowered their price target on shares of Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a "neutral" rating on the stock in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aston Martin Lagonda Global presently has a consensus rating of "Hold" and a consensus price target of GBX 85.

Aston Martin Lagonda Global Price Performance

The business has a fifty day moving average of GBX 75.88 and a 200 day moving average of GBX 75.68. The firm has a market cap of £739.79 million, a P/E ratio of -250.34, a PEG ratio of 0.03 and a beta of 2.00. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX (14.60) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. On average, sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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.

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