While Ermenegildo Zegna N.V has underperformed by -2.38%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZGN fell by -30.63%, with highs and lows ranging from $15.26 to $7.13, whereas the simple moving average fell by -25.26% in the last 200 days.
On November 22, 2024, Morgan Stanley started tracking Ermenegildo Zegna N.V (NYSE: ZGN) recommending Underweight. A report published by BofA Securities on September 23, 2024, Downgraded its rating to ‘Neutral’ for ZGN. Exane BNP Paribas Initiated an Underperform rating on October 12, 2023, and assigned a price target of $11.60. BofA Securities September 25, 2023d its ‘Neutral’ rating to ‘Buy’ for ZGN, as published in its report on September 25, 2023. BofA Securities’s report from September 20, 2022 suggests a price prediction of $13 for ZGN shares, giving the stock a ‘Buy’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of Ermenegildo Zegna N.V (ZGN)
Investors in Ermenegildo Zegna N.V will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.13 per share.
One of the most important indicators of Ermenegildo Zegna N.V’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 12.47% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.79, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ZGN is recording 876.89K average volume. On a monthly basis, the volatility of the stock is set at 4.84%, whereas on a weekly basis, it is put at 3.97%, with a gain of 5.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.59, showing growth from the present price of $8.22, which can serve as yet another indication of whether ZGN is worth investing in or should be passed over.
How Do You Analyze Ermenegildo Zegna N.V Shares?
The Apparel Manufacturing market is dominated by Ermenegildo Zegna N.V (ZGN) based in the Italy. When comparing Ermenegildo Zegna N.V shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 19.29, there is a growth in quarterly earnings of -54950.00%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 76.02%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 21.64% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ZGN shares are owned by institutional investors to the tune of 21.64% at present.
