NYSE:ZGN
Ermenegildo Zegna NV (ZGN-N)
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Apr 12, 2025, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Ermenegildo Zegna NV is currently in a transition phase, shifting from its traditional high-end menswear focus towards a more diversified apparel strategy, similar to LVMH's approach. This strategic shift includes acquisitions like Tom Ford and Thom Browne and significant investments in the footwear sector. However, the execution of this plan has been inconsistent, with organic sales declining by 4% in the first nine months of 2024, affected heavily by a 27% drop in Thom Browne's sales. While Asia Pacific remains a strong market, concerns linger about the effect of a sluggish Chinese economy and possible underlying structural issues. Despite flat consensus sales projections, experts remain cautiously optimistic, predicting modest growth in the coming years, with high-double-digit earnings growth anticipated in the next two years amidst a favorable strategic outlook, although doubts persist about the overall execution of these plans.
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Ermenegildo Zegna NV(ZGN-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
Ermenegildo Zegna NV(ZGN-N) Frequently Asked Questions
What is Ermenegildo Zegna NV stock symbol?
Ermenegildo Zegna NV is a American stock, trading under the symbol ZGN-N on the New York Stock Exchange (ZGN). It is usually referred to as NYSE:ZGN or ZGN-N
Is Ermenegildo Zegna NV a buy or a sell?
In the last year, 1 stock analyst published opinions about ZGN-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ermenegildo Zegna NV.
Is Ermenegildo Zegna NV a good investment or a top pick?
Ermenegildo Zegna NV was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ermenegildo Zegna NV.
Why is Ermenegildo Zegna NV stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Ermenegildo Zegna NV worth watching?
In the last year 1 stock analyst on Stockchase covered Ermenegildo Zegna NV. The stock is worth watching.
What is Ermenegildo Zegna NV stock price?
On 2025-06-30, Ermenegildo Zegna NV (ZGN-N) stock closed at a price of $8.55.
They're transitioning from high-end menswear to diversified apparel, like LVMH, which is why they bought Tom Ford and Thom Browne. Also, are moving big into footwear. But their execution has been uneven. Last year, they grew, but not this year at all. First 9 months of 2024, organic sales were -4%, including Thom Browne -27%. Though Asia Pacific boasts the most sales, but is that due to a soft Chinese economy or a larger structural problem. He doesn't know. Consensus sales are flat. Sales, he thinks, will bottom this year then rebound a modest 3-4% in 2025, then 5% in 2026, with high-double digit earnings growth in the next two years. He likes their strategic plan and suits, but he's not a complete believer. Has doubts.