As of Friday close, Ermenegildo Zegna N.V.’s (NYSE:ZGN) stock was down -$0.31, moving down -2.02 percent to $15.05. The average number of shares traded per day over the past five days has been 330,200 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.97 fall in that time frame. In the last twenty days, the average volume was 368,525, while in the previous 50 days, it was 675,280.
Since last month, ZGN stock rose 6.66%. Shares of the company fell to $13.91 on 07/20/23, the lowest level in the past month. A 52-week high of $16.36 was reached on 08/10/23 after having rallying from a 52-week low of $9.59. Since the beginning of this year, ZGN’s stock price has risen by 43.74% or $4.58, and marked a new high 25 times. However, the stock has declined by -8.01% since its 52-week high.
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Valuation Metrics
Right now, Ermenegildo Zegna N.V. (ZGN) has a P/E ratio of about 64.32. The stock’s beta is 0.58. Besides these, the trailing price-to-sales (P/S) ratio of 2.29, the price-to-book (PB) ratio of 4.81, and the price-to-cash flow ratio of 42.99 may also be considered.
The latest dividend of $0.10 per share was paid out, which is 11.11% more than last year’s $0.09.
Financial Health
In the recent quarter, Ermenegildo Zegna N.V.’s quick ratio stood at 1.00, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.76, and the total debt-to-equity ratio was 1.35. On the profitability front, the trailing twelve-month gross margin is 49.80% percent. In the recent year, EBITDA margin amounted to 21.19%, whereas operating margins totaled 9.90%. Based on annual data, ZGN earned $1.26 billion in gross profit and brought in $1.59 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.00%. Return on equity (ROE) for the past 12 months was 8.00%.
The liabilities of Ermenegildo Zegna N.V. were 1.91 billion at the end of its most recent quarter, and its total debt was $916.92 million.
Technical Picture
This quick technical analysis looks at Ermenegildo Zegna N.V.’s (ZGN) price momentum. With a historical volatility rate of 18.11%, the RSI 9-day stood at 37.26% on 18 August.
With respect to its five-day moving average, the current Ermenegildo Zegna N.V. price is down by -6.05% percent or -$0.97. At present, ZGN shares trade +3.94% above its 20-day simple moving average and +13.16% percent above its 100-day simple moving average. However, the stock is currently trading approximately +27.65% above its SMA50 and +37.32% above its SMA200.
Stochastic coefficient K was 25.30% and Stochastic coefficient D was 46.06%, while ATR was 0.34. Given the Stochastic reading of 10.27% for the 14-day period, the RSI (14) reading has been calculated as 49.62%. As of today, the MACD Oscillator reading stands at -0.38, while the 14-day reading stands at -0.34.
Analyst Ratings
BofA Securities launched its rating on Ermenegildo Zegna N.V. (NYSE: ZGN) to a Buy in a note to investors on September 20, 2022. Ermenegildo Zegna N.V. (ZGN) has been rated Hold by analysts. According to 0 brokerage firms, ZGN is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Ermenegildo Zegna N.V. stock as buy, with 1 recommending it as overweight.
With a median target price of $14.57, the current consensus forecast for the stock is $11.79 – $16.44. Based on these forecasts, analysts predict Ermenegildo Zegna N.V. (ZGN) will achieve an average price target of $14.02.
