In the past week, ZGN stock has gone down by -2.51%, with a monthly decline of -16.46% and a quarterly plunge of -27.21%. The volatility ratio for the week is 3.74%, and the volatility levels for the last 30 days are 3.19% for Ermenegildo Zegna N.V The simple moving average for the past 20 days is -7.10% for ZGN’s stock, with a -35.14% simple moving average for the past 200 days.
Is It Worth Investing in Ermenegildo Zegna N.V (NYSE: ZGN) Right Now?
Ermenegildo Zegna N.V (NYSE: ZGN) has a price-to-earnings ratio that is above its average at 17.39x. The stock has a 36-month beta value of 0.64. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 1 as “sell.”
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The public float for ZGN is 58.92M, and at present, short sellers hold a 5.02% of that float. On November 07, 2024, the average trading volume of ZGN was 537.07K shares.
ZGN) stock’s latest price update
The stock price of Ermenegildo Zegna N.V (NYSE: ZGN) has jumped by 3.63 compared to previous close of 7.15. Despite this, the company has seen a fall of -2.51% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-22 that Ermenegildo Zegna N.V. (NYSE:ZGN ) Q3 2024 Earnings Conference Call October 22, 2024 8:00 AM ET Company Participants Gildo Zegna – Chairman and Chief Executive Officer Gianluca Tagliabue – Chief Operating Officer and Chief Financial Officer Paola Durante – Chief of External Relations Conference Call Participants Oliver Chen – TD Cowen Anthony Charchafji – BNP Paribas Chris Huang – UBS Ben Rada Martin – Goldman Sachs Operator Good afternoon, or good morning, everyone.
Analysts’ Opinion of ZGN
Many brokerage firms have already submitted their reports for ZGN stocks, with BofA Securities repeating the rating for ZGN by listing it as a “Neutral.” The predicted price for ZGN in the upcoming period, according to BofA Securities is $9.80 based on the research report published on September 23, 2024 of the current year 2024.
Exane BNP Paribas gave a rating of “Underperform” to ZGN, setting the target price at $11.60 in the report published on October 12th of the previous year.
ZGN Trading at -15.88% 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 -51.44% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares sank -15.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.17% lower at present.
During the last 5 trading sessions, ZGN fell by -2.63%, which changed the moving average for the period of 200-days by -29.79% in comparison to the 20-day moving average, which settled at $7.97. In addition, Ermenegildo Zegna N.V saw -35.96% 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:
- 0.09 for the present operating margin
- 0.65 for the gross margin
The net margin for Ermenegildo Zegna N.V stands at 0.05. The total capital return value is set at 0.09. Equity return is now at value 12.47, with 3.69 for asset returns.
Based on Ermenegildo Zegna N.V (ZGN), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74.
Currently, EBITDA for the company is 408.85 million with net debt to EBITDA at 0.64. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 9.05for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
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.
