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

Key Points

• Aston Martin Lagonda Global's stock fell 10.1% on Monday, trading between GBX 71.95 ($0.97) and GBX 73.10 ($0.99) with trading volume increasing by 39% over the average.
• JPMorgan Chase & Co. lowered its price target for Aston Martin shares from GBX 90 to GBX 75, while Deutsche Bank maintained a "hold" rating with a target price of GBX 95.
• The company's earnings report revealed a negative EPS of GBX (14.60) and analysts anticipate a projected EPS of 3.08 for the current fiscal year.

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

Wall Street Analyst Weigh In

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

Aston Martin Lagonda Global Stock Down 10.1%

The firm 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. The company's 50-day simple moving average is GBX 75.88 and its 200 day simple moving average is GBX 75.68. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX (14.60) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. Research analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS 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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