Upward Trajectory: Ermenegildo Zegna N.V (ZGN) Posts a Gaine, Closing at 8.55

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The closing price of Ermenegildo Zegna N.V (NYSE: ZGN) was $8.55 for the day, up 0.59% from the previous closing price of $8.50. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.54 million shares were traded. ZGN stock price reached its highest trading level at $8.64 during the session, while it also had its lowest trading level at $8.51.

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 10.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.41. 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 2158156800 and an Enterprise Value of 2918883840. As of this moment, Ermenegildo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.07, and their Forward P/E ratio for the next fiscal year is 20.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 1.488 whereas that against EBITDA is 14.83.

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 6.06%, while the 200-Day Moving Average is calculated to be -21.24%.

Shares Statistics:

ZGN traded an average of 935.37K shares per day over the past three months and 948190 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 1732838400 were 2049161 with a Short Ratio of 2.19, compared to 1730332800 on 2081267. Therefore, it implies a Short% of Shares Outstanding of 2049161 and a Short% of Float of 3.19.

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 0.014117647

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