Market Recap: Ermenegildo Zegna N.V (ZGN)’s Positive Momentum, Closing at 8.25

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The closing price of Ermenegildo Zegna N.V (NYSE: ZGN) was $8.25 for the day, up 0.36% from the previous closing price of $8.22. In other words, the price has increased by $0.36 from its previous closing price. On the day, 1.36 million shares were traded. ZGN stock price reached its highest trading level at $8.385 during the session, while it also had its lowest trading level at $8.125.

Ratios:

Our analysis of ZGN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.87. 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 this company, Morgan Stanley on November 22, 2024, initiated with a Underweight rating and assigned the stock a target price of $7.20.

On September 23, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $13 to $9.80.

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 2082432000 and an Enterprise Value of 2843159040. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.36, and their Forward P/E ratio for the next fiscal year is 18.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 1.449 whereas that against EBITDA is 14.445.

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 $7.13. The 50-Day Moving Average of the stock is 1.25%, while the 200-Day Moving Average is calculated to be -24.79%.

Shares Statistics:

ZGN traded an average of 894.05K shares per day over the past three months and 998500 shares per day over the past ten days. A total of 252.42M shares are outstanding, with a floating share count of 60.54M. Insiders hold about 76.02% of the company’s shares, while institutions hold 21.64% stake in the company. Shares short for ZGN as of 1731628800 were 1617307 with a Short Ratio of 1.81, compared to 1728950400 on 2959777. Therefore, it implies a Short% of Shares Outstanding of 1617307 and a Short% of Float of 2.52.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, ZGN has a forward annual dividend rate of 0.13. Against a Trailing Annual Dividend Yield of 0.014598539

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