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Ermenegildo Zegna N.V. (NYSE: ZGN) closed the day trading at $11.92 up 1.71% from the previous closing price of $11.72. In other words, the price has increased by $1.71 from its previous closing price. On the day, 0.83 million shares were traded. ZGN stock price reached its highest trading level at $12.04 during the session, while it also had its lowest trading level at $11.6.
Ratios:
For a better understanding of ZGN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.63. 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 2983695104 and an Enterprise Value of 3655206400. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.89, and their Forward P/E ratio for the next fiscal year is 17.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 3.21. Its current Enterprise Value per Revenue stands at 1.919 whereas that against EBITDA is 12.579.
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 -11.93%, while the 200-Day Moving Average is calculated to be -8.85%.
Shares Statistics:
Over the past 3-months, ZGN traded about 735.39K shares per day on average, while over the past 10 days, ZGN traded about 826910 shares per day. 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 2.30, 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
ZGN’s forward annual dividend rate is 0.11, up from 0.12 a year ago. Against a Trailing Annual Dividend Yield of 0.010238907
