Ermenegildo Zegna N.V (NYSE: ZGN) is -5.21% lower on its value in year-to-date trading and has touched a low of $7.13 and a high of $15.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZGN stock was last observed hovering at around $8.02 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $7.83, the stock is -9.19% and -8.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -2.37% at the moment leaves the stock -17.79% off its SMA200. ZGN registered -46.44% loss for a year compared to 6-month loss of -23.08%.
The stock witnessed a -12.51% gain in the last 1 month and extending the period to 3 months gives it a -7.01%, and is -7.34% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.55% over the week and 3.32% over the month.
Ermenegildo Zegna N.V (ZGN) has around 7201 employees, a market worth around $3.19B and $2.12B in sales. Current P/E ratio is 18.38 and Fwd P/E is 18.15. Profit margin for the company is 5.13%. Distance from 52-week low is 9.82% and -48.69% from its 52-week high. The company has generated returns on investments over the last 12 months (6.48%).
The EPS is expected to shrink by -28.47% this year, but quarterly earnings will post 0.31% year-over-year.
Ermenegildo Zegna N.V (ZGN) Top Institutional Holders
The shares outstanding are 252.42M, and float is at 55.41M with Short Float at 2.90%.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 13.0 million shares valued at $153.96 million. The investor’s holdings represent 5.2642% of the ZGN Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 8.57 million shares valued at $101.42 million to account for 3.4148 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 6.41 million shares representing 2.5558% and valued at over $75.91 million, while INVESCO LTD. holds 1.6164 of the shares totaling 3.99 million with a market value of $47.27 million.
Ermenegildo Zegna N.V (ZGN) Insider Activity
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