Ermenegildo Zegna N.V. (NYSE:ZGN) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Seven analysts give Ermenegildo Zegna an average rating of "Moderate Buy" (4 buys, 3 holds) with a mean 12‑month price target of about $11.73.
• Earnings miss: The most recent quarter showed a pronounced shortfall, with EPS of $0.15 vs. $0.26 expected and revenue of $577.8M vs. $1.17B expected.
• Investor interest and trading: Temasek notably boosted its stake to ~27.24M shares (~$257.4M) while the stock trades near $11.91 within a 12‑month range of $7.61–$12.40.

Ermenegildo Zegna N.V. (NYSE:ZGN - Get Free Report) has been given an average rating of "Moderate Buy" by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $11.7286.

ZGN has been the subject of several analyst reports. Bank of America reissued a "neutral" rating and set a $11.20 price target (down from $11.50) on shares of Ermenegildo Zegna in a research report on Friday, January 16th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ermenegildo Zegna in a research report on Monday, April 20th. Morgan Stanley assumed coverage on Ermenegildo Zegna in a report on Thursday, February 12th. They issued an "equal weight" rating and a $11.00 target price for the company. Wall Street Zen cut Ermenegildo Zegna from a "buy" rating to a "hold" rating in a research note on Sunday. Finally, UBS Group raised Ermenegildo Zegna from a "neutral" rating to a "buy" rating and set a $11.50 price target on the stock in a report on Thursday, February 5th.

Ermenegildo Zegna Stock Performance

Ermenegildo Zegna stock opened at $11.91 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.91 and a current ratio of 1.59. The stock's 50 day moving average is $10.90 and its 200 day moving average is $10.44. Ermenegildo Zegna has a twelve month low of $7.61 and a twelve month high of $12.40.

Ermenegildo Zegna (NYSE:ZGN - Get Free Report) last issued its quarterly earnings results on Friday, March 20th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.11). The firm had revenue of $577.83 million during the quarter, compared to analysts' expectations of $1.17 billion. As a group, sell-side analysts predict that Ermenegildo Zegna will post 0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ermenegildo Zegna

A number of large investors have recently added to or reduced their stakes in ZGN. Matauro LLC purchased a new position in shares of Ermenegildo Zegna in the 4th quarter worth $2,099,000. Quantbot Technologies LP purchased a new stake in Ermenegildo Zegna during the third quarter valued at $1,076,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Ermenegildo Zegna in the third quarter valued at about $22,609,000. Temasek Holdings Private Ltd lifted its holdings in Ermenegildo Zegna by 114.5% in the third quarter. Temasek Holdings Private Ltd now owns 27,242,276 shares of the company's stock valued at $257,440,000 after acquiring an additional 14,542,295 shares during the period. Finally, Portolan Capital Management LLC boosted its position in Ermenegildo Zegna by 15.6% in the third quarter. Portolan Capital Management LLC now owns 1,369,176 shares of the company's stock worth $12,939,000 after purchasing an additional 185,190 shares during the last quarter. Institutional investors own 12.91% of the company's stock.

About Ermenegildo Zegna

Ermenegildo Zegna is a global luxury fashion house specializing in men's tailored clothing, casualwear, accessories, footwear and fragrances. With a focus on high-quality fabrics and craftsmanship, the company manages the entire value chain from wool sourcing and textile production to garment design, manufacturing and retail distribution.

Founded in 1910 by Ermenegildo Zegna in Trivero, Italy, the company began as a textile mill dedicated to producing fine wool fabrics. Over the decades it expanded into ready-to-wear clothing and built a reputation for sartorial excellence.

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