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The closing price of Ermenegildo Zegna N.V (NYSE: ZGN) was $7.39 for the day, down -3.65% from the previous closing price of $7.67. In other words, the price has decreased by -$3.65 from its previous closing price. On the day, 0.77 million shares were traded. ZGN stock price reached its highest trading level at $7.7 during the session, while it also had its lowest trading level at $7.345.
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 8.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.32. 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 1865354240 and an Enterprise Value of 2626080768. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.34, and their Forward P/E ratio for the next fiscal year is 16.64. 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 2.04. Its current Enterprise Value per Revenue stands at 1.339 whereas that against EBITDA is 13.342.
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 -11.50%, while the 200-Day Moving Average is calculated to be -34.09%.
Shares Statistics:
ZGN traded an average of 758.67K shares per day over the past three months and 1762720 shares per day over the past ten days. A total of 250.31M 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 1730332800 were 2081267 with a Short Ratio of 2.74, compared to 1727654400 on 3237763. Therefore, it implies a Short% of Shares Outstanding of 2081267 and a Short% of Float of 3.2399999999999998.
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 0.015645372
