Ermenegildo Zegna N.V (NYSE: ZGN) is -11.38% 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 $7.18 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $7.32, the stock is -11.18% and -13.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 1.95% at the moment leaves the stock -22.04% off its SMA200. ZGN registered -50.07% loss for a year compared to 6-month loss of -24.22%. The firm has a 50-day simple moving average (SMA 50) of $8.4454 and a 200-day simple moving average (SMA200) of $9.39.
The stock witnessed a -19.65% gain in the last 1 month and extending the period to 3 months gives it a -13.88%, and is -6.51% 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 3.75% over the week and 3.40% over the month.
Ermenegildo Zegna N.V (ZGN) has around 7201 employees, a market worth around $2.98B and $2.12B in sales. Current P/E ratio is 17.18 and Fwd P/E is 16.97. Profit margin for the company is 5.13%. Distance from 52-week low is 2.66% and -52.03% 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 -28.70% this year, but quarterly earnings will post 0.31% year-over-year.
Ermenegildo Zegna N.V (ZGN) Top Institutional Holders
112.0 institutions hold shares in Ermenegildo Zegna N.V (ZGN), with institutional investors hold 65.61% of the company’s shares. The shares outstanding are 252.42M, and float is at 55.41M with Short Float at 2.73%. Institutions hold 15.92% of the Float.
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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