Aston Martin Lagonda Global (LON:AML) Stock Price Down 8% - What's Next?

Key Points

• Aston Martin Lagonda Global's stock price fell by 8%, with shares trading at approximately GBX 74.80, significantly below the previous close of GBX 81.30.
• Analysts have mixed opinions, with Deutsche Bank maintaining a "hold" rating and a target price of GBX 95, while JPMorgan reduced their price target from GBX 90 to GBX 75.
• The company reported a negative earnings per share of GBX (14.60) for the last quarter, highlighting financial struggles with a negative return on equity of 48.19% and a net margin of 21.42%.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s stock price dropped 8% on Monday . The company traded as low as GBX 71.95 ($0.97) and last traded at GBX 74.80 ($1.01). Approximately 9,408,388 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 3,324,494 shares. The stock had previously closed at GBX 81.30 ($1.10).

Wall Street Analyst Weigh In

A number of research firms recently commented on AML. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 95 target price on shares of Aston Martin Lagonda Global in a report on Thursday, July 31st. JPMorgan Chase & Co. decreased their price objective on shares of Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a "neutral" rating for the company in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Aston Martin Lagonda Global presently has an average rating of "Hold" and a consensus price target of GBX 85.

Aston Martin Lagonda Global Stock Performance

The stock has a fifty day moving average of GBX 76.05 and a 200-day moving average of GBX 75.70. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The stock has a market capitalization of £739.79 million, a PE ratio of -250.34, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted 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%. Equities analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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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