At the time of writing, Ermenegildo Zegna N.V [ZGN] stock is trading at $8.92, up 7.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZGN shares have gain 16.91% over the last week, with a monthly amount glided 2.88%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ermenegildo Zegna N.V [NYSE: ZGN] stock has seen the most recent analyst activity on January 16, 2025, when BofA Securities upgraded its rating to a Buy. Previously, Morgan Stanley started tracking the stock with Underweight rating on November 22, 2024, and set its price target to $7.20. On September 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $9.80 on the stock. Goldman upgraded its rating to a Buy. Exane BNP Paribas initiated its recommendation with a Underperform and recommended $11.60 as its price target on October 12, 2023. BofA Securities upgraded its rating to Buy for this stock on September 25, 2023, and upped its price target to $16.50. In a note dated September 20, 2022, BofA Securities initiated an Buy rating and provided a target price of $13 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 $8.92 at the most recent close of the market. An investor can expect a potential return of 14.69% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.
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 8.56 points at the first support level, and at 8.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.11, and for the 2nd resistance point, it is at 9.30.
Ratios To Look Out For
It is important to note that Ermenegildo Zegna N.V [NYSE:ZGN] has a current ratio of 1.41. In addition, the Quick Ratio stands at 0.79 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 2.46 and price to earnings (TTM) ratio is 20.93.
