Ermenegildo Zegna N.V. (NYSE: ZGN) has a higher price-to-earnings ratio of 23.19x compared to its average ratio. ZGN has 36-month beta value of 0.67. Analysts have mixed views on the stock, 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 currently, short sellers hold a 4.46% ratio of that float. The average trading volume of ZGN on April 26, 2024 was 741.28K shares.
ZGN) stock’s latest price update
Ermenegildo Zegna N.V. (NYSE: ZGN)’s stock price has soared by 1.98 in relation to previous closing price of 11.84. Nevertheless, the company has seen a gain of 4.91% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-23 that Ermenegildo Zegna N.V. (NYSE:ZGN ) Q1 2024 Earnings Conference Call April 23, 2024 8:00 AM ET Company Participants Paola Durante – IR Ermenegildo Zegna – Chairman and CEO Gianluca Tagliabue – CFO and COO Conference Call Participants Chris Huang – UBS Anthony Charchafji – BNP Paribas Louise Singlehurst – Goldman Sachs Operator Hello all and welcome to the Ermenegildo Zegna First Quarter 2024 Revenue.
ZGN’s Market Performance
Ermenegildo Zegna N.V. (ZGN) has experienced a 4.91% rise in stock performance for the past week, with a -16.84% drop in the past month, and a 6.48% rise in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are at 3.93% for ZGN. The simple moving average for the last 20 days is -1.93% for ZGN’s stock, with a simple moving average of -7.48% for the last 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 -10.55% 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 -26.19% of loss for the given period.
Volatility was left at 3.93%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares sank -17.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.91% lower at present.
During the last 5 trading sessions, ZGN rose by +5.08%, which changed the moving average for the period of 200-days by -15.83% in comparison to the 20-day moving average, which settled at $12.19. In addition, Ermenegildo Zegna N.V. saw 4.36% in overturn over a single year, with a tendency to cut further gains.
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 1.88. 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 put it simply, Ermenegildo Zegna N.V. (ZGN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
