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.
Analyst Upgrades and Downgrades
Separately, UBS Group reduced their price objective on Ermenegildo Zegna to $10.00 in a report on Thursday, June 9th.
Ermenegildo Zegna Stock Up 1.4 %
Shares of Ermenegildo Zegna stock opened at $11.32 on Wednesday. Ermenegildo Zegna has a 1-year low of $8.89 and a 1-year high of $12.65. The stock's 50 day simple moving average is $10.77 and its 200-day simple moving average is $10.35. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.49 and a current ratio of 1.97.
Ermenegildo Zegna Dividend Announcement
The business also recently disclosed a Not Available dividend, which was paid on Thursday, July 28th. Stockholders of record on Wednesday, July 6th were given a dividend of $0.09 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, July 5th.