Aston Martin Lagonda Global (LON:AML) Reaches New 12-Month Low – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 32.76 and last traded at GBX 32.76, with a volume of 1623267 shares trading hands. The stock had previously closed at GBX 33.50.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AML shares. Citigroup lowered their target price on 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. Jefferies Financial Group restated a “hold” rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target 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 research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 44.75.

Aston Martin Lagonda Global Trading Down 1.1%

The stock has a market capitalization of £336.95 million, a P/E ratio of -0.67, a P/E/G ratio of 0.03 and a beta of 1.97. The firm’s 50 day moving average price is GBX 34.93 and its 200 day moving average price is GBX 39.43. The company has a debt-to-equity ratio of 893.66, a current ratio of 0.93 and a quick ratio of 0.71.

Aston Martin Lagonda Global (LON:AML) last posted 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%. As a group, equities 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.