Aston Martin Lagonda Global (LON:AML) Trading Down 10.1% - Should You Sell?

Key Points

• Aston Martin Lagonda Global Holdings plc shares experienced a significant drop of 10.1%, with current trading at GBX 73.10 ($0.99) after previously closing at GBX 81.30 ($1.10).
• Despite the decline in stock price, analysts maintain a hold rating on the stock, with price targets set around GBX 75 to GBX 95.
• The company reported a negative EPS of GBX (14.60) for the last quarter, reflecting ongoing financial challenges with a return on equity of -48.19%.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) dropped 10.1% during trading on Monday . The stock 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 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).

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AML. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 95 price target on shares of Aston Martin Lagonda Global in a research report on Thursday, July 31st. JPMorgan Chase & Co. reduced their price objective on 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 research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of GBX 85.

Aston Martin Lagonda Global Stock Down 10.1%

The company has a fifty day moving average of GBX 75.88 and a 200 day moving average of GBX 75.68. 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 company has a market cap of £739.79 million, a P/E 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 quarterly earnings data 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, research analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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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