Aston Martin Lagonda Global (LON:AML) Reaches New 12-Month Low - Time to Sell?

Key Points

• Aston Martin Lagonda shares hit a new 52-week low, trading as low as GBX 33.11 versus the previous close of GBX 33.50.
• Analysts have lowered their price targets, with Deutsche Bank and Citigroup cutting theirs to GBX 40 and Jefferies maintaining a GBX 41 target. The consensus rating remains “Hold”, with an average target of GBX 44.75.
• The company reported a quarterly loss of GBX 15.20 per share and continues to show financial strain, including a debt-to-equity ratio of 893.66, negative net margin, and negative return on equity.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 33.11 and last traded at GBX 33.20, with a volume of 2545161 shares traded. The stock had previously closed at GBX 33.50.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating for the company in a research report on Thursday, July 30th. Citigroup dropped their target price on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reiterated a "hold" rating and set a GBX 41 target price on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 44.75.

Aston Martin Lagonda Global Stock Performance

The company has a debt-to-equity ratio of 893.66, a current ratio of 0.93 and a quick ratio of 0.71. The firm has a market cap of £336.95 million, a P/E ratio of -0.67, a PEG ratio of 0.03 and a beta of 1.97. The stock's 50 day moving average is GBX 35.99 and its two-hundred day moving average is GBX 41.63.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX (15.20) 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%. As a group, equities analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current 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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