At the time of writing, Ermenegildo Zegna N.V [ZGN] stock is trading at $8.20, up 1.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ZGN shares have gain 6.49% over the last week, with a monthly amount glided 7.89%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ermenegildo Zegna N.V [NYSE: ZGN] stock has seen the most recent analyst activity on November 22, 2024, when Morgan Stanley initiated its Underweight rating and assigned the stock a price target of $7.20. Previously, BofA Securities downgraded its rating to Neutral on September 23, 2024, and dropped its price target to $9.80. On January 11, 2024, upgrade upgraded it’s rating to Buy. Exane BNP Paribas started tracking the stock assigning a Underperform rating and suggested a price target of $11.60 on October 12, 2023. BofA Securities upgraded its rating to a Buy and raised its price target to $16.50 on September 25, 2023. BofA Securities started tracking with a Buy rating for this stock on September 20, 2022, and assigned it a price target of $13. In a note dated April 29, 2022, UBS initiated an Neutral rating and provided a target price of $11 on this stock.
For the past year, the stock price of Ermenegildo Zegna N.V fluctuated between $7.13 and $15.26. Currently, Wall Street analysts expect the stock to reach $10.23 within the next 12 months. Ermenegildo Zegna N.V [NYSE: ZGN] shares were valued at $8.20 at the most recent close of the market. An investor can expect a potential return of 24.76% based on the average ZGN price forecast.
Analyzing the ZGN fundamentals
Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.03 points at the first support level, and at 7.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.36, and for the 2nd resistance point, it is at 8.53.
Ratios To Look Out For
It is important to note that Ermenegildo Zegna N.V [NYSE:ZGN] has a current ratio of 1.41. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 19.24.
