While Ermenegildo Zegna N.V has overperformed by 5.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZGN fell by -9.68%, with highs and lows ranging from $15.26 to $7.13, whereas the simple moving average fell by -4.79% in the last 200 days.
On January 16, 2025, BofA Securities Upgraded Ermenegildo Zegna N.V (NYSE: ZGN) to Buy. A report published by Morgan Stanley on November 22, 2024, Initiated its previous ‘Underweight’ rating for ZGN. BofA Securities also Downgraded ZGN shares as ‘Neutral’, setting a target price of $9.80 on the company’s shares in a report dated September 23, 2024. Exane BNP Paribas initiated its ‘Underperform’ rating for ZGN, as published in its report on October 12, 2023. BofA Securities’s report from September 25, 2023 suggests a price prediction of $16.50 for ZGN shares, giving the stock a ‘Buy’ rating. BofA Securities also rated the stock as ‘Buy’.
Analysis of Ermenegildo Zegna N.V (ZGN)
With ZGN’s current dividend of $0.13 per share, investors can expect to earn a return regardless of performance.
Ermenegildo Zegna N.V’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. 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.
The average volume for any stock is also a very valuable indicator of volatility, and ZGN has an average volume of 962.75K. On a monthly basis, the volatility of the stock is set at 3.74%, whereas on a weekly basis, it is put at 5.51%, with a gain of 14.56% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.46, showing decline from the present price of $9.52, 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?
Apparel Manufacturing giant Ermenegildo Zegna N.V (ZGN) is based in the Italy and is one of the largest companies in the market. 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 22.34, there is a growth in quarterly earnings of -54950.00%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 21.38% 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 21.38% at present.
