Ermenegildo Zegna N.V. (NYSE: ZGN) has a price-to-earnings ratio that is above its average at 22.01x. The stock has a 36-month beta value of 0.70. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ZGN is 57.83M, and at present, short sellers hold a 2.93% of that float. On April 18, 2024, the average trading volume of ZGN was 705.27K shares.
ZGN) stock’s latest price update
Ermenegildo Zegna N.V. (NYSE: ZGN)’s stock price has gone rise by 3.99 in comparison to its previous close of 11.02, however, the company has experienced a -1.80% decrease in its stock price over the last five trading days. The Motley Fool reported 2024-04-05 that Zegna reported strong growth for the full year. Operating margins shrunk in the second half of the year.
ZGN’s Market Performance
ZGN’s stock has fallen by -1.80% in the past week, with a monthly drop of -21.99% and a quarterly rise of 12.57%. The volatility ratio for the week is 2.95% while the volatility levels for the last 30 days are 3.80% for Ermenegildo Zegna N.V.. The simple moving average for the past 20 days is -14.27% for ZGN’s stock, with a -12.50% simple moving average for the past 200 days.
Analysts’ Opinion of ZGN
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see ZGN reach a price target of $11.60. The rating they have provided for ZGN stocks is “Underperform” according to the report published on October 12th, 2023.
BofA Securities gave a rating of “Buy” to ZGN, setting the target price at $16.50 in the report published on September 25th of the previous year.
ZGN Trading at -15.99% from the 50-Day Moving Average
After a stumble in the market that brought ZGN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.95% of loss for the given period.
Volatility was left at 3.80%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -22.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.05% lower at present.
During the last 5 trading sessions, ZGN fell by -1.80%, which changed the moving average for the period of 200-days by -9.62% in comparison to the 20-day moving average, which settled at $13.20. In addition, Ermenegildo Zegna N.V. saw -0.95% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZGN
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.55 for the gross margin
The net margin for Ermenegildo Zegna N.V. stands at 0.07. The total capital return value is set at 0.13. Equity return is now at value 15.90, with 4.65 for asset returns.
Based on Ermenegildo Zegna N.V. (ZGN), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 7.16.
Currently, EBITDA for the company is 408.85 million with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 6.86for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
To sum up, Ermenegildo Zegna N.V. (ZGN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
