Aston Martin Lagonda Global (LON:AML) Stock Falls 10% - Should You Sell?

Key Points

• Aston Martin’s shares fell 10% to GBX 37.22, with trading volume below its daily average.
• Analysts remain cautious: all four analysts rate the stock “Hold,” while recent target-price cuts lowered the average target to GBX 44.75.
• The company reported a quarterly loss of GBX 15.20 per share, alongside a negative net margin of 36.66%, negative return on equity of 166.57%, and extremely high debt relative to equity.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s share price traded down 10% on Tuesday. The company traded as low as GBX 36.80 and last traded at GBX 37.22. 5,864,552 shares traded hands during trading, a decline of 21% from the average daily volume of 7,465,578 shares. The stock had previously closed at GBX 41.34.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of 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 decreased their target price on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating for the company in a research note on Monday, August 3rd. Finally, 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. Four investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Aston Martin Lagonda Global currently has an average rating of "Hold" and an average price target of GBX 44.75.

Aston Martin Lagonda Global Price Performance

The firm has a market capitalization of £377.75 million, a PE ratio of -0.75, a PEG ratio of 0.03 and a beta of 1.94. 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 50-day simple moving average of GBX 34.52 and a 200-day simple moving average of GBX 38.70.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its quarterly 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 net margin of 36.66% and a negative return on equity of 166.57%. As a group, equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.08 earnings per share 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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