Aston Martin Lagonda Global (LON:AML) Stock Jumps 12.6% - Time to Buy?

Key Points

• Aston Martin shares jumped 12.6% to GBX 40.94, with trading volume 45% above its average.
• Analysts remain cautious: Citigroup, Jefferies, and Deutsche Bank maintain neutral or hold views, while the consensus rating is “Hold” with a GBX 44.75 target price.
• The company’s financial profile remains weak, marked by a debt-to-equity ratio of 893.66, negative quarterly EPS of GBX 15.20, a negative net margin, and negative return on equity.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares rose 12.6% on Friday. The company traded as high as GBX 44.20 and last traded at GBX 40.94. Approximately 10,845,369 shares changed hands during trading, an increase of 45% from the average daily volume of 7,498,498 shares. The stock had previously closed at GBX 36.36.

Analyst Ratings Changes

A number of research firms recently weighed in on AML. Citigroup dropped 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 report on Monday, August 3rd. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 41 price objective on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on 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, According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 44.75.

Aston Martin Lagonda Global Price Performance

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 £415.52 million, a PE ratio of -0.82, a PEG ratio of 0.03 and a beta of 1.97. The company's 50-day simple moving average is GBX 34.29 and its 200 day simple moving average is GBX 38.66.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. On average, sell-side analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal year.

About Aston Martin Lagonda Global

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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