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After finishing at $11.46 in the prior trading day, Ermenegildo Zegna N.V. (NYSE: ZGN) closed at $11.65, up 1.66%. In other words, the price has increased by $1.66 from its previous closing price. On the day, 1.15 million shares were traded. ZGN stock price reached its highest trading level at $11.9 during the session, while it also had its lowest trading level at $11.44.
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 6.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 0.70.
On October 12, 2023, Exane BNP Paribas started tracking the stock assigning a Underperform rating and target price of $11.60.
BofA Securities Upgraded its Neutral to Buy on September 25, 2023, whereas the target price for the stock was revised from $16 to $16.50.
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 2916111360 and an Enterprise Value of 3587622656. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.37, and their Forward P/E ratio for the next fiscal year is 16.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 3.14. Its current Enterprise Value per Revenue stands at 1.884 whereas that against EBITDA is 12.347.
Stock Price History:
Over the past 52 weeks, ZGN has reached a high of $16.36, while it has fallen to a 52-week low of $10.12. The 50-Day Moving Average of the stock is -14.38%, while the 200-Day Moving Average is calculated to be -11.01%.
Shares Statistics:
The stock has traded on average 711.40K shares per day over the past 3-months and 1521980 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 57.83M. Insiders hold about 76.90% of the company’s shares, while institutions hold 14.25% stake in the company. Shares short for ZGN as of 1711584000 were 1693591 with a Short Ratio of 2.38, compared to 1709164800 on 1765923. Therefore, it implies a Short% of Shares Outstanding of 1693591 and a Short% of Float of 2.73.
Dividends & Splits
In the trailing 12 months, ZGN’s forward annual dividend rate was 0.12, compared to 0.11 this year.
Earnings Estimates
A comprehensive evaluation of Ermenegildo Zegna N.V. (ZGN) is underway, with the input of Organon & Co. analysts contributing to its current rating.The consensus estimate for the next quarter is $22.99, with high estimates of $30.74 and low estimates of $41.11.
