NYSE:ZGN

Ermenegildo Zegna - ZGN Stock Forecast, Price & News

$13.05

-0.05 (-0.38%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: $13.01
▼
$13.27
50-Day Range: $10.71
▼
$13.85
52-Week Range: $9.12
▼
$13.90

Volume: 167,194 shs
Average Volume: 197,441 shs
Market Capitalization: $659.09 million

P/E Ratio: N/A
Dividend Yield: 0.69%
Price Target: $11.50

Institutional Ownership

Ermenegildo Zegna MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 11.9% Downside
$11.50 Price Target
Short Interest: Healthy
1.68% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 69.23%
From $0.26 to $0.44 Per Share

Overall MarketRank^™

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

1.93 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
Ermenegildo Zegna has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.50, Ermenegildo Zegna has a forecasted downside of 11.9% from its current price of $13.05.
Amount of Analyst Coverage
Ermenegildo Zegna has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.68% 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 3.5, 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 33.85%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Ermenegildo Zegna has a dividend yield of 0.69%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ermenegildo Zegna does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Ermenegildo Zegna will have a dividend payout ratio of 20.45% 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.

N/A

News and Social Media Coverage

0.8

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
45.33% of the stock of Ermenegildo Zegna is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ermenegildo Zegna are expected to grow by 69.23% in the coming year, from $0.26 to $0.44 per share.
Price to Earnings Growth Ratio
Ermenegildo Zegna has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ermenegildo Zegna has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued 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.

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ZGN Stock News Headlines

March 8, 2023 | msn.com

Has Zegna Quietly Made The Coolest Collab Of The Year?

March 1, 2023 | msn.com

ZEGNA and The Elder Statesman Link for Psychedelic Oasi Cashmere Collection

March 21, 2023 | Investing Daily (Ad)

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February 3, 2023 | seekingalpha.com

Zegna: We Reiterate Our Buy

January 26, 2023 | seekingalpha.com

Ermenegildo Zegna N.V.: Too Many Unknowns

January 25, 2023 | msn.com

Ermenegildo Zegna Group Reports 15.5 Percent Increase in 2022 Revenues

January 25, 2023 | finance.yahoo.com

Ermenegildo Zegna Group Ends FY 2022 With Strong Revenue1 Growth in Line With Strategic Plan

January 15, 2023 | benzinga.com

Stock (ZGN.W), Quotes and News Summary

March 21, 2023 | Investing Daily (Ad)

How This Trader Banked A 97% Win Rate

December 30, 2022 | markets.businessinsider.com

Ermenegildo Zegna (ZGN) Receives a Buy from Deutsche Bank

November 16, 2022 | msn.com

Zegna to Buy Tom Ford Fashion Operations in Estée Lauder Deal

November 15, 2022 | finance.yahoo.com

Ermenegildo Zegna Group to Enter a Long-Term License for Tom Ford Fashion With the Estée Lauder Companies

October 27, 2022 | finance.yahoo.com

Ermenegildo Zegna Group Reports Strong Revenue Growth in Third Quarter of 2022

October 11, 2022 | finance.yahoo.com

Zegna Group to Report Third Quarter Revenues on Thursday, October 27, 2022

September 23, 2022 | finance.yahoo.com

A Closer Look At Ermenegildo Zegna N.V.'s (NYSE:ZGN) Uninspiring ROE

September 15, 2022 | msn.com

Zegna Oasi Cashmere Collection Explores Forest and Fashion

August 30, 2022 | seekingalpha.com

Zegna: Mixed Q2 Results But Positive Trajectory

August 29, 2022 | nasdaq.com

Calculating The Intrinsic Value Of Ermenegildo Zegna N.V. (NYSE:ZGN)

August 27, 2022 | uk.finance.yahoo.com

Ermenegildo Zegna N.V. (ZGN)

August 27, 2022 | benzinga.com

Ermenegildo Zegna (NYSE:ZGN), Earnings Estimates, EPS, and Revenue

August 27, 2022 | finance.yahoo.com

Ermenegildo Zegna (NYSE:ZGN) Shareholders Will Want The ROCE Trajectory To Continue

August 26, 2022 | seekingalpha.com

Ermenegildo Zegna N.V. (ZGN) Q2 2022 Earnings Call Transcript

August 26, 2022 | finance.yahoo.com

Zegna Group Reports Strong First Half 2022 Results

August 24, 2022 | finance.yahoo.com

Tailoring Men Since 1910 and Championing Football Since 1902, Zegna and Real Madrid Are Building a Unique Partnership: The Leading Italian Luxury Menswear House Dresses the Biggest Football Club in the World Because Every King Needs a Tailor

August 17, 2022 | wsj.com

Ermenegildo Zegna N.V.

August 10, 2022 | finance.yahoo.com

Zegna Group to Report First Half 2022 Financial Results on Friday, August 26, 2022

July 25, 2022 | nasdaq.com

High-End Luxury is in Vogue! Here are the 10 Best-Performing High-End Luxury Stocks

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ZGN Company Calendar

Today: 3/21/2023
Next Earnings (Estimated): 4/05/2023
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: 6,049
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.50
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: -11.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 50.19
P/E Growth: 1.55
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: 0.45
Current Ratio: 1.61
Quick Ratio: 1.14

Sales & Book Value

Annual Sales: $1.53 billion
Price / Sales: N/A
Cash Flow: $5.39 per share
Price / Cash Flow: 2.42
Book Value: $15.15 per share
Price / Book: 0.86

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.27

Key Executives

Mr. Ermenegildo Zegna di Monte Rubello (Age 68)
Chairman & CEO
Comp: $14.97M

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

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?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ermenegildo Zegna in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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?: 2 equities research analysts have issued 1-year price targets for Ermenegildo Zegna's shares. Their ZGN share price forecasts range from $10.00 to $13.00. On average, they expect the company's stock price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 11.9%.
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 stock has increased by 24.6% and is now trading at $13.05.
View the best growth stocks for 2023 here.
Are investors shorting Ermenegildo Zegna?: Ermenegildo Zegna saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 972,400 shares, a decrease of 33.9% from the February 13th total of 1,470,000 shares. Based on an average daily volume of 275,400 shares, the days-to-cover ratio is currently 3.5 days. Approximately 1.7% of the shares of the company are sold short.
View Ermenegildo Zegna's Short Interest.
When is Ermenegildo Zegna's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023.
View our ZGN earnings forecast.
How often does Ermenegildo Zegna pay dividends? What is the dividend yield for Ermenegildo Zegna?: Ermenegildo Zegna announced a dividend on Tuesday, May 24th. Shareholders of record on Wednesday, July 6th will be given a dividend of $0.09 per share on Thursday, July 28th. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, July 5th.
Read our dividend analysis for ZGN.

Is Ermenegildo Zegna a good dividend stock?: Ermenegildo Zegna (NYSE:ZGN) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.69%.
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."
Who are Ermenegildo Zegna's major shareholders?: Ermenegildo Zegna's stock is owned by many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (21.92%), Geode Capital Management LLC (0.99%), Charles Schwab Investment Management Inc. (0.27%), Bank of America Corp DE (0.11%), New York State Common Retirement Fund (0.08%) and JPMorgan Chase & Co. (0.08%).
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.
What is Ermenegildo Zegna's stock price today?: One share of ZGN stock can currently be purchased for approximately $13.05.
How many employees does Ermenegildo Zegna have?: The company employs 6,049 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 3/21/2023 by MarketBeat.com Staff

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Ermenegildo Zegna - ZGN Stock Forecast, Price & News

Ermenegildo Zegna MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Company Ownership

Earnings and Valuation

About Ermenegildo Zegna (NYSE:ZGN) Stock

ZGN Stock News Headlines

ZGN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

ZGN Stock - Frequently Asked Questions

Overall MarketRank^™