Aston Martin Lagonda Global (LON:AML) Sets New 52-Week Low – What’s Next?

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

Analysts Set New Price Targets

Several research analysts have issued reports on AML shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 41 price objective on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating for the company in a report on Thursday, July 30th. Finally, Citigroup lowered their price target on 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. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 44.75.

Aston Martin Lagonda Global Stock Down 2.2%

The stock has a market capitalization of £332.49 million, a price-to-earnings ratio of -0.66, a PEG ratio of 0.03 and a beta of 1.97. 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 moving average of GBX 35.09 and a 200 day moving average of GBX 39.64.

Aston Martin Lagonda Global (LON:AML) last issued its earnings results 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%. As a group, sell-side analysts forecast 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.