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After finishing at $7.57 in the prior trading day, Ermenegildo Zegna N.V (NYSE: ZGN) closed at $7.15, down -5.55%. In other words, the price has decreased by -$5.55 from its previous closing price. On the day, 1.1 million shares were traded. ZGN stock price reached its highest trading level at $7.63 during the session, while it also had its lowest trading level at $7.15.
Ratios:
Our goal is to gain a better understanding of ZGN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 23, 2024, Downgraded its rating to Neutral and sets its target price to $9.80 from $13 previously.
On October 12, 2023, Exane BNP Paribas started tracking the stock assigning a Underperform rating and target price of $11.60.Exane BNP Paribas initiated its Underperform rating on October 12, 2023, with a $11.60 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZGN now has a Market Capitalization of 1910794624 and an Enterprise Value of 2565500928. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.78, and their Forward P/E ratio for the next fiscal year is 15.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 1.308 whereas that against EBITDA is 13.034.
Stock Price History:
Over the past 52 weeks, ZGN has reached a high of $15.26, while it has fallen to a 52-week low of $7.54. The 50-Day Moving Average of the stock is -19.33%, while the 200-Day Moving Average is calculated to be -37.50%.
Shares Statistics:
The stock has traded on average 523.86K shares per day over the past 3-months and 692110 shares per day over the last 10 days, according to various share statistics. A total of 250.31M shares are outstanding, with a floating share count of 58.92M. Insiders hold about 76.66% of the company’s shares, while institutions hold 17.87% stake in the company. Shares short for ZGN as of 1728950400 were 2959777 with a Short Ratio of 5.65, compared to 1726185600 on 2672740. Therefore, it implies a Short% of Shares Outstanding of 2959777 and a Short% of Float of 4.61.
Dividends & Splits
In the trailing 12 months, ZGN’s forward annual dividend rate was 0.12, compared to 0.13 this year. Against a Trailing Annual Dividend Yield of 0.015852047
