NYSE:ZGN

Ermenegildo Zegna (ZGN) Stock Forecast, Price & News

$14.08

+0.16 (+1.15%)

(As of 10/2/2023 ET)

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Today's Range: $13.91
▼
$14.23
50-Day Range: $13.15
▼
$16.02
52-Week Range: $9.79
▼
$16.36

Volume: 243,181 shs
Average Volume: 352,246 shs
Market Capitalization: $3.42 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.15

Ermenegildo Zegna MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 7.6% Upside
$15.15 Price Target
Short Interest: Healthy
2.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 23.91%
From $0.46 to $0.57 Per Share

Overall MarketRank^™

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

1.80 out of 5 stars

Retail/Wholesale Sector

167th out of 214 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

11th out of 13 stocks

1.5

Analyst's Opinion

Consensus Rating
Ermenegildo Zegna has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.15, Ermenegildo Zegna has a forecasted upside of 7.6% from its current price of $14.08.
Amount of Analyst Coverage
Ermenegildo Zegna has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.10% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ermenegildo Zegna has recently decreased by 4.17%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Ermenegildo Zegna does not currently pay a dividend.
Dividend Growth
Ermenegildo Zegna does not have a long track record of dividend growth.

N/A

Sustainability and ESG

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

2.7

News and Social Media Coverage

News Sentiment
Ermenegildo Zegna has a news sentiment score of 0.93. 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 higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.
Search Interest
Only 1 people have searched for ZGN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Ermenegildo Zegna to their MarketBeat watchlist in the last 30 days.

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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ermenegildo Zegna are expected to grow by 23.91% in the coming year, from $0.46 to $0.57 per share.
Price to Earnings Growth Ratio
Ermenegildo Zegna has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Ermenegildo Zegna has a P/B Ratio of 4.43. 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 (NYSE:ZGN) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

ZGN Stock News Headlines

September 26, 2023 | americanbankingnews.com

Ermenegildo Zegna (NYSE:ZGN) Upgraded to "Buy" at Bank of America

September 25, 2023 | nasdaq.com

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

October 3, 2023 | Wall Street Fundamentals (Ad)

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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)

October 3, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

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

July 5, 2023 | msn.com

Unveiling Ermenegildo Zegna's Competitive Edge In Fashion

June 30, 2023 | finance.yahoo.com

Is It Worth Considering Ermenegildo Zegna N.V. (NYSE:ZGN) For Its Upcoming Dividend?

June 21, 2023 | msn.com

ZGN or FIGS: Which Is the Better Value Stock Right Now?

June 7, 2023 | finance.yahoo.com

Ermenegildo Zegna N.V. (NYSE:ZGN) Not Lagging Industry On Growth Or Pricing

June 3, 2023 | finance.yahoo.com

ZGN - Ermenegildo Zegna N.V.

May 24, 2023 | msn.com

Ermenegildo Zegna proposes EUR 0.10 dividend

May 23, 2023 | finance.yahoo.com

Zegna Group Announces 2023 Annual General Meeting and Proposed Dividend Distribution

May 15, 2023 | msn.com

Get made-to-measure Zegna leisurewear at the click of a button

April 28, 2023 | finance.yahoo.com

Ermenegildo Zegna Group Completes Acquisition of Tom Ford International and Enters Into a Long-Term License Agreement With The Estée Lauder Companies for TOM FORD FASHION

See More Headlines

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ZGN Company Calendar

Ex-Dividend for 7/28 Dividend: 7/05/2023
Dividend Payable: 7/28/2023
Today: 10/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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 Forecast: $15.15
High Stock Price Forecast: $16.50
Low Stock Price Forecast: $13.80
Forecasted Upside/Downside: +7.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 30.61
P/E Growth: 1.01
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: 2.17
Cash Flow: $0.99 per share
Price / Cash Flow: 14.26
Book Value: $3.18 per share
Price / Book: 4.43

Miscellaneous

Outstanding Shares: 242,800,000
Free Float: 239,889,000
Market Cap: $3.42 billion
Optionable: Not Optionable
Beta: 0.48

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Key Executives

Mr. Ermenegildo Zegna di Monte Rubello (Age 68)
Exec. Chairman & CEO
Comp: $12.05M

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 Exec. 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 - Frequently Asked Questions

Should I buy or sell Ermenegildo Zegna stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ermenegildo Zegna in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZGN shares.
View ZGN analyst ratings or view top-rated stocks.
What is Ermenegildo Zegna's stock price forecast for 2023?: 1 Wall Street research analysts have issued 1-year price objectives for Ermenegildo Zegna's stock. Their ZGN share price forecasts range from $13.80 to $16.50. On average, they expect the company's stock price to reach $15.15 in the next twelve months. This suggests a possible upside of 7.6% 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 the year. Since then, ZGN shares have increased by 34.5% and is now trading at $14.08.
View the best growth stocks for 2023 here.
Are investors shorting Ermenegildo Zegna?: Ermenegildo Zegna saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,200,000 shares, an increase of 99.3% from the August 15th total of 602,200 shares. Based on an average trading volume of 582,400 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.2% of the shares of the company are short sold.
View Ermenegildo Zegna's Short Interest.
How often does Ermenegildo Zegna pay dividends? What is the dividend yield for Ermenegildo Zegna?: Ermenegildo Zegna announced an annual dividend on Friday, June 30th. Investors of record on Thursday, July 6th will be paid a dividend of $0.10 per share on Friday, July 28th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Wednesday, July 5th. This is an increase from the stock's previous annual dividend of $0.09.
Read our dividend analysis for ZGN.

What is Ermenegildo Zegna's stock symbol?: Ermenegildo Zegna trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZGN."
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.
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What is Ermenegildo Zegna's stock price today?: One share of ZGN stock can currently be purchased for approximately $14.08.
How much money does Ermenegildo Zegna make?: Ermenegildo Zegna (NYSE:ZGN) has a market capitalization of $3.42 billion and generates $1.57 billion in revenue each year.
How many employees does Ermenegildo Zegna have?: The company employs 6,256 workers across the globe.
How can I contact Ermenegildo Zegna?: Ermenegildo Zegna's mailing address is Suite 1 3rd Floor 11-12 St James's Square, London X0, SW1Y 4LB. The official website for the company is www.investindustrial-aquisition-corp.com. The company can be reached via phone at 390-157-5911 or via email at ir@zegna.com.

This page (NYSE:ZGN) was last updated on 10/3/2023 by MarketBeat.com Staff

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