Liontrust Asset Management (LON:LIO) Sets New 1-Year Low - Time to Sell?

Key Points

• Liontrust Asset Management shares have hit a new 52-week low, trading as low as GBX 293.50 ($4.01) during the latest session.
• Analysts have a mixed view on the stock, with Berenberg maintaining a "hold" rating while Deutsche Bank has lowered its price target, contributing to a consensus rating of "Reduce" for Liontrust.
• The company reported a 35.21% net margin with a P/E ratio of 1,146.95, indicating potential concerns about its profitability relative to its stock price.

Liontrust Asset Management PLC (LON:LIO - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 293.50 ($3.95) and last traded at GBX 300.50 ($4.05), with a volume of 439112 shares. The stock had previously closed at GBX 298 ($4.01).

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liontrust Asset Management from GBX 300 to GBX 290 and set a "hold" rating on the stock in a research report on Monday, September 1st. Berenberg Bank restated a "hold" rating and issued a GBX 365 price objective on shares of Liontrust Asset Management in a research note on Thursday, July 10th. Finally, Royal Bank Of Canada reiterated an "underperform" rating and set a GBX 310 price objective on shares of Liontrust Asset Management in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of GBX 321.67.

Liontrust Asset Management Stock Performance

The stock has a market capitalization of £199.21 million, a price-to-earnings ratio of 1,211.83, a PEG ratio of -1.70 and a beta of 1.33. The firm's 50 day moving average is GBX 347.65 and its 200-day moving average is GBX 362.24. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42.

Liontrust Asset Management (LON:LIO - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported GBX 55.56 earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. Analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Liontrust Asset Management Company Profile

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited.