Aston Martin Lagonda Global (LON:AML) Reaches New 1-Year Low – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML) hit a new 52-week low on Wednesday . The stock traded as low as GBX 33.04 and last traded at GBX 36.06, with a volume of 8209511 shares changing hands. The stock had previously closed at GBX 34.28.

Wall Street Analysts Forecast Growth

AML has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reduced their target price on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Finally, Citigroup cut their price target on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 44.75.

Aston Martin Lagonda Global Price 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 business’s fifty day moving average price is GBX 36.96 and its 200-day moving average price is GBX 42.98. The stock has a market capitalization of £346.86 million, a price-to-earnings ratio of -0.69, a PEG ratio of 0.03 and a beta of 1.97.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly 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 net margin of 36.66% and a negative return on equity of 166.57%. On average, research analysts forecast 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.