Aston Martin Lagonda Global (LON:AML) Shares Down 9.3% - Should You Sell?

Key Points

• Aston Martin Lagonda Global shares fell by 9.3% on Monday, trading as low as GBX 71.95, with a significant volume increase of 203% from the average daily shares.
• Analysts have set a consensus price target of GBX 85, with Deutsche Bank maintaining a "hold" rating and JPMorgan lowering its target from GBX 90 to GBX 75.
• The company reported a negative earnings per share of GBX (14.60) for the last quarter, contributing to its negative return on equity of 48.19%.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s share price was down 9.3% during trading on Monday . The stock traded as low as GBX 71.95 ($0.97) and last traded at GBX 73.70 ($0.99). Approximately 10,077,798 shares changed hands during trading, an increase of 203% from the average daily volume of 3,327,963 shares. The stock had previously closed at GBX 81.30 ($1.10).

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AML shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 95 price objective on shares of Aston Martin Lagonda Global in a research note on Thursday, July 31st. JPMorgan Chase & Co. cut 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. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of GBX 85.

Aston Martin Lagonda Global Stock Down 10.1%

The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The firm has a market cap of £739.79 million, a price-to-earnings ratio of -250.34, a P/E/G ratio of 0.03 and a beta of 2.00. The firm's fifty day moving average is GBX 75.88 and its two-hundred day moving average is GBX 75.68.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported GBX (14.60) earnings per share 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, sell-side analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

About Aston Martin Lagonda Global

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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