Should I buy or sell Ermenegildo Zegna stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ermenegildo Zegna in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZGN, but not buy additional shares or sell existing shares. View ZGN analyst ratings or view top-rated stocks .

What is Ermenegildo Zegna's stock price target for 2024?

2 Wall Street analysts have issued 1 year price targets for Ermenegildo Zegna's stock. Their ZGN share price targets range from $11.60 to $16.50. On average, they expect the company's share price to reach $13.97 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price. View analysts price targets for ZGN or view top-rated stocks among Wall Street analysts .

How have ZGN shares performed in 2023?

Ermenegildo Zegna's stock was trading at $10.47 at the beginning of 2023. Since then, ZGN shares have increased by 9.7% and is now trading at $11.49. View the best growth stocks for 2023 here .

Are investors shorting Ermenegildo Zegna?

Ermenegildo Zegna saw a increase in short interest in October. As of October 31st, there was short interest totaling 1,700,000 shares, an increase of 58.9% from the October 15th total of 1,070,000 shares. Based on an average daily volume of 348,200 shares, the short-interest ratio is currently 4.9 days. Currently, 3.1% of the company's stock are sold short. View Ermenegildo Zegna's Short Interest .

How often does Ermenegildo Zegna pay dividends? What is the dividend yield for Ermenegildo Zegna?

Ermenegildo Zegna declared an annual dividend on Friday, June 30th. Stockholders of record on Thursday, July 6th will be paid a dividend of $0.10 per share on Friday, July 28th. This represents a yield of 0.86%. The ex-dividend date is Wednesday, July 5th. This is a boost from the stock's previous annual dividend of $0.09. Read our dividend analysis for ZGN .

Who are Ermenegildo Zegna's major shareholders?

Ermenegildo Zegna's stock is owned by many different institutional and retail investors. Top institutional shareholders include Invesco Ltd. (3.22%), Artisan Partners Limited Partnership (1.62%), New York State Common Retirement Fund (0.06%), Tudor Investment Corp Et Al (0.05%), Qube Research & Technologies Ltd (0.05%) and Sei Investments Co. (0.02%).

How do I buy shares of Ermenegildo Zegna?

Shares of ZGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Ermenegildo Zegna Stock Price, News & Analysis (NYSE:ZGN)

$11.49

+0.08 (+0.70%)

(As of 04:32 PM ET)

Compare

Today's Range: $11.35
▼
$11.63
50-Day Range: $11.00
▼
$14.08
52-Week Range: $9.79
▼
$16.36

Volume: 331,139 shs
Average Volume: 410,369 shs
Market Capitalization: $2.79 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.97

Ermenegildo Zegna MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 21.6% Upside
$13.97 Price Target
Short Interest: Healthy
2.92% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.67%
From $0.48 to $0.56 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Retail/Wholesale Sector

120th out of 203 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

9th out of 14 stocks

2.0

Analyst's Opinion

Consensus Rating
Ermenegildo Zegna has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $13.97, Ermenegildo Zegna has a forecasted upside of 21.6% from its current price of $11.49.
Amount of Analyst Coverage
Ermenegildo Zegna has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.92% of the float of Ermenegildo Zegna has been sold short.
Short Interest Ratio / Days to Cover
Ermenegildo Zegna has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Ermenegildo Zegna has recently decreased by 9.41%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Ermenegildo Zegna does not currently pay a dividend.
Dividend Growth
Ermenegildo Zegna has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Ermenegildo Zegna will have a dividend payout ratio of 19.64% next year. This indicates that Ermenegildo Zegna will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ZGN.

1.9

News and Social Media Coverage

News Sentiment
Ermenegildo Zegna has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ermenegildo Zegna this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ermenegildo Zegna insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.20% of the stock of Ermenegildo Zegna is held by insiders.
Percentage Held by Institutions
Only 12.91% of the stock of Ermenegildo Zegna is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Ermenegildo Zegna are expected to grow by 16.67% in the coming year, from $0.48 to $0.56 per share.
Price to Earnings Growth Ratio
Ermenegildo Zegna has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Ermenegildo Zegna has a P/B Ratio of 3.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ermenegildo Zegna Stock (NYSE:ZGN)

Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances. The company also offers luxury womenswear and childrenswear under the Thom Browne brand, as well as provides eyewear, cufflinks and jewelry, watches, underwear, and beachwear manufactured by third parties under licenses. It serves customers through its retail stores and online channels in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company was founded in 1910 and is based in Trivero, Italy. Ermenegildo Zegna N.V. is a subsidiary of Monterubello Societa' Semplice.

ZGN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ZGN Stock News Headlines

November 24, 2023 | yahoo.com

Zegna Partners With City of Milan

November 22, 2023 | markets.businessinsider.com

Ermenegildo Zegna: Consistent Momentum and Growth Potential Justify Buy Rating

November 29, 2023 | Autonomix (Ad)

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November 20, 2023 | seekingalpha.com

Zegna: High-Quality Luxury At A Reasonable Price

November 9, 2023 | seekingalpha.com

Crafting Excellence: Ermenegildo Zegna's Journey Towards A Luxury Brand Empire

November 5, 2023 | morningstar.com

Ermenegildo Zegna NV ZGN

October 25, 2023 | msn.com

Ermenegildo Zegna reports Q3 results

October 24, 2023 | businesswire.com

Ermenegildo Zegna Group Continues to Deliver Robust Growth in Third Quarter of 2023

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 16, 2023 | finance.yahoo.com

Ermenegildo Zegna N.V. (NYSE:ZGN) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

October 13, 2023 | nasdaq.com

Ermenegildo Zegna N.V. Ordinary Shares (ZGN)

October 5, 2023 | msn.com

Ermenegildo Zegna N.V. (ZGN) Price Target Increased by 5.18% to 16.50

September 25, 2023 | nasdaq.com

B of A Securities Upgrades Ermenegildo Zegna N.V. (ZGN)

September 17, 2023 | ft.com

How Zegna ‘killed’ the tie – and saved the suit

September 16, 2023 | seekingalpha.com

Zegna: Tom Ford Opportunity To Explore

September 13, 2023 | markets.businessinsider.com

Zegna Group H1 Profit Rises; Revenues Up 23.9%

September 13, 2023 | finance.yahoo.com

Zegna Group Reports Strong First-Half 2023 Financial Results

August 11, 2023 | markets.businessinsider.com

Deutsche Bank Remains a Buy on Ermenegildo Zegna (ZGN)

July 29, 2023 | finanznachrichten.de

Zegna Group: Lelio Gavazza Appointed CEO of TOM FORD FASHION

July 29, 2023 | fool.com

Ermenegildo Zegna (NYSE: ZGN)

July 27, 2023 | seekingalpha.com

Ermenegildo Zegna: Strong Revenue Growth, Possible Margin Expansion (Rating Upgrade)

July 27, 2023 | finance.yahoo.com

Investors in Ermenegildo Zegna (NYSE:ZGN) have seen decent returns of 32% over the past year

July 27, 2023 | finance.yahoo.com

Ermenegildo Zegna Group’s Robust Growth Continues in the First Half of 2023

July 27, 2023 | msn.com

Ermenegildo Zegna sale: Get up to $2,725 off at Saks Fifth

July 18, 2023 | nasdaq.com

Zegna appoints LVMH executive Gavazza as CEO of Tom Ford Fashion

July 18, 2023 | finance.yahoo.com

Lelio Gavazza Appointed CEO of TOM FORD FASHION

July 17, 2023 | yahoo.com

Zegna Looks to Future, Marks 10th Edition of Scholarship

See More Headlines

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Company Calendar

Today: 11/29/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Apparel, finished products from fabrics & similar materials
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:ZGN
CUSIP: N/A
CIK: 1877787
Web: www.investindustrial-aquisition-corp.com
Phone: 390-157-5911
Fax: N/A
Employees: 6,256
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.97
High Stock Price Target: $16.50
Low Stock Price Target: $11.60
Potential Upside/Downside: +21.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 23.94
P/E Growth: 0.82
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 1.24
Quick Ratio: 0.70

Sales & Book Value

Annual Sales: $1.57 billion
Price / Sales: 1.77
Cash Flow: $0.97 per share
Price / Cash Flow: 11.86
Book Value: $3.18 per share
Price / Book: 3.61

Miscellaneous

Outstanding Shares: 242,800,000
Free Float: 239,889,000
Market Cap: $2.79 billion
Optionable: Not Optionable
Beta: 0.54

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Key Executives

Mr. Ermenegildo Zegna di Monte Rubello (Age 68)
Executive Chairman & CEO
Comp: $12.1M
Mr. Gianluca Ambrogio Tagliabue (Age 55)
COO & CFO
Ms. Francesca Di Pasquantonio
Investor Relations Director
Mr. Franco Ferraris (Age 67)
Head of Textiles
Mr. Thom Browne (Age 58)
Founder & Chief Creative Officer of Thom Browne
Mr. Rodrigo Bazan (Age 48)
Chief Executive Officer of Thom Browne
Mr. Lelio Gavazza
CEO of Tom Ford Fashion

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ZGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Ermenegildo Zegna stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ermenegildo Zegna in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZGN, but not buy additional shares or sell existing shares.
View ZGN analyst ratings or view top-rated stocks.
What is Ermenegildo Zegna's stock price target for 2024?: 2 Wall Street analysts have issued 1 year price targets for Ermenegildo Zegna's stock. Their ZGN share price targets range from $11.60 to $16.50. On average, they expect the company's share price to reach $13.97 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for ZGN or view top-rated stocks among Wall Street analysts.
How have ZGN shares performed in 2023?: Ermenegildo Zegna's stock was trading at $10.47 at the beginning of 2023. Since then, ZGN shares have increased by 9.7% and is now trading at $11.49.
View the best growth stocks for 2023 here.
Are investors shorting Ermenegildo Zegna?: Ermenegildo Zegna saw a increase in short interest in October. As of October 31st, there was short interest totaling 1,700,000 shares, an increase of 58.9% from the October 15th total of 1,070,000 shares. Based on an average daily volume of 348,200 shares, the short-interest ratio is currently 4.9 days. Currently, 3.1% of the company's stock are sold short.
View Ermenegildo Zegna's Short Interest.

How often does Ermenegildo Zegna pay dividends? What is the dividend yield for Ermenegildo Zegna?: Ermenegildo Zegna declared an annual dividend on Friday, June 30th. Stockholders of record on Thursday, July 6th will be paid a dividend of $0.10 per share on Friday, July 28th. This represents a yield of 0.86%. The ex-dividend date is Wednesday, July 5th. This is a boost from the stock's previous annual dividend of $0.09.
Read our dividend analysis for ZGN.
Who are Ermenegildo Zegna's major shareholders?: Ermenegildo Zegna's stock is owned by many different institutional and retail investors. Top institutional shareholders include Invesco Ltd. (3.22%), Artisan Partners Limited Partnership (1.62%), New York State Common Retirement Fund (0.06%), Tudor Investment Corp Et Al (0.05%), Qube Research & Technologies Ltd (0.05%) and Sei Investments Co. (0.02%).
How do I buy shares of Ermenegildo Zegna?: Shares of ZGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:ZGN) was last updated on 11/29/2023 by MarketBeat.com Staff

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