Aston Martin Lagonda Global (LON:AML) Hits New 12-Month Low - Here's What Happened

Key Points

• Aston Martin shares hit a new 52-week low at GBX 32 during Wednesday trading, with more than 5.6 million shares changing hands.
• Analysts maintain a consensus “Hold” rating, while the average price target is GBX 44.75; Citigroup and Deutsche Bank recently cut their targets to GBX 40.
• The company continues to show financial weakness, including a GBX 15.20 quarterly loss per share, a negative net margin, and an extremely high debt-to-equity ratio of 893.66.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 32 and last traded at GBX 32.56, with a volume of 5686747 shares traded. The stock had previously closed at GBX 32.62.

Wall Street Analysts Forecast Growth

AML has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a "hold" rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Citigroup reduced their price objective on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating for the company in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating on the stock in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aston Martin Lagonda Global has a consensus rating of "Hold" and an average price target of GBX 44.75.

Aston Martin Lagonda Global Stock Down 0.2%

The company has a debt-to-equity ratio of 893.66, a quick ratio of 0.71 and a current ratio of 0.93. The company has a market cap of £330.46 million, a P/E ratio of -0.65, a P/E/G ratio of 0.03 and a beta of 1.97. The stock has a 50 day moving average price of GBX 34.68 and a 200 day moving average price of GBX 39.21.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Research analysts expect 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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.

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