While Ermenegildo Zegna N.V has overperformed by 0.76%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZGN fell by -32.94%, with highs and lows ranging from $13.36 to $6.05, whereas the simple moving average fell by -8.32% in the last 200 days.
On February 18, 2025, TD Cowen started tracking Ermenegildo Zegna N.V (NYSE: ZGN) recommending Hold. A report published by BofA Securities on January 16, 2025, Upgraded its rating to ‘Buy’ for ZGN. Morgan Stanley also rated ZGN shares as ‘Underweight’, setting a target price of $7.20 on the company’s shares in an initiating report dated November 22, 2024. BofA Securities September 23, 2024d the rating to Neutral on September 23, 2024, and set its price target from $13 to $9.80. Goldman January 11, 2024d its ‘Neutral’ rating to ‘Buy’ for ZGN, as published in its report on January 11, 2024. Exane BNP Paribas’s report from October 12, 2023 suggests a price prediction of $11.60 for ZGN shares, giving the stock a ‘Underperform’ rating. BofA Securities also rated the stock as ‘Buy’.
Analysis of Ermenegildo Zegna N.V (ZGN)
A return on investment can be expected regardless of ZGN’s performance over the next quarter with the dividend set at $0.13 per share.
To gain a thorough understanding of Ermenegildo Zegna N.V’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 8.89% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.80, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and ZGN is recording an average volume of 852.66K. On a monthly basis, the volatility of the stock is set at 6.13%, whereas on a weekly basis, it is put at 4.08%, with a gain of 11.52% over the past seven days. Furthermore, long-term investors anticipate a median target price of $8.72, showing growth from the present price of $7.94, which can serve as yet another indication of whether ZGN is worth investing in or should be passed over.
How Do You Analyze Ermenegildo Zegna N.V Shares?
A leading company in the Apparel Manufacturing sector, Ermenegildo Zegna N.V (ZGN) is based in the Italy. When comparing Ermenegildo Zegna N.V shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.21, there is a growth in quarterly earnings of -54950.00%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 78.05%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 13.47% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ZGN shares are owned by institutional investors to the tune of 13.47% at present.