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In the latest session, Ermenegildo Zegna N.V (NYSE: ZGN) closed at $8.00 up 0.50% from its previous closing price of $7.96. In other words, the price has increased by $0.50 from its previous closing price. On the day, 0.62 million shares were traded. ZGN stock price reached its highest trading level at $8.1 during the session, while it also had its lowest trading level at $7.94.
Ratios:
For a deeper understanding of Ermenegildo Zegna N.V’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.34. 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 2019328000 and an Enterprise Value of 2780054784. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.77, and their Forward P/E ratio for the next fiscal year is 19.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 1.417 whereas that against EBITDA is 14.124.
Stock Price History:
The Beta on a monthly basis for ZGN is 0.66, which has changed by -0.29619807 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 -0.19%, while the 200-Day Moving Average is calculated to be -22.81%.
Shares Statistics:
For the past three months, ZGN has traded an average of 860.34K shares per day and 662660 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 21.37% stake in the company. Shares short for ZGN as of 1734048000 were 1835785 with a Short Ratio of 2.13, compared to 1731628800 on 1617307. Therefore, it implies a Short% of Shares Outstanding of 1835785 and a Short% of Float of 2.86.
Dividends & Splits
According to the company, the forward annual dividend rate for ZGN is 0.13, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015075376
