Aston Martin Lagonda Global (LON:AML) Shares Down 10.1% - What's Next?

Key Points

• Aston Martin Lagonda Global's shares fell by 10.1%, trading at GBX 73.10 ($0.99) after closing at GBX 81.30 ($1.10).
• Analysts have revised their price targets, with JPMorgan lowering its objective from GBX 90 to GBX 75, while the consensus target stands at GBX 85.
• The company reported a negative EPS of GBX (14.60) and has a significant debt-to-equity ratio of 179.38.

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on AML shares. JPMorgan Chase & Co. reduced their price objective on 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. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 95 price target on shares of Aston Martin Lagonda Global in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of GBX 85.

Aston Martin Lagonda Global Stock Down 1.0%

The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The company has a 50-day simple moving average of GBX 75.88 and a 200 day simple moving average of GBX 75.68. The company has a market cap of £732.20 million, a P/E ratio of -247.77, a P/E/G ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported GBX (14.60) EPS for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. On average, equities analysts anticipate 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.

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