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

Key Points

• Aston Martin Lagonda Global's stock fell by 10.1% during trading, closing at GBX 73.10 ($0.99) after previously being at GBX 81.30 ($1.10).
• Analysts have mixed opinions on the company's stock, with a consensus rating of "Hold" and an average price target of GBX 85, with Deutsche Bank maintaining a GBX 95 target and JPMorgan lowering their target to GBX 75.
• The company has significant financial challenges, including a negative return on equity of 48.19% and a high debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s stock price was down 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 changed 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 Analyst Weigh In

AML has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 95 price target on shares of Aston Martin Lagonda Global in a report on Thursday, July 31st. JPMorgan Chase & Co. lowered their target price on Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a "neutral" rating for the company in a research note on Monday, August 4th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of GBX 85.

Aston Martin Lagonda Global Price Performance

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 company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The business's 50-day moving average price is GBX 75.88 and its two-hundred day moving average price is GBX 75.68.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its quarterly earnings data 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, research analysts forecast 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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