This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have mixed opinions on Ermenegildo Zegna NV. The company is making a transition from high-end menswear to diversified apparel and footwear, acquiring brands like Tom Ford and Thom Browne. However, their execution has been uneven, with a decline in organic sales especially from Thom Browne. It's uncertain if the higher sales in the Asia Pacific region are due to a soft Chinese economy or a larger structural problem. Despite doubts, some experts believe in the company's strategic plan and expect a rebound in sales and high-double digit earnings growth in the next few years.
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
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.
Ermenegildo Zegna NV was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ermenegildo Zegna NV.
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.
In the last year 1 stock analyst on Stockchase covered Ermenegildo Zegna NV. The stock is worth watching.
On 2025-01-17, Ermenegildo Zegna NV (ZGN-N) stock closed at a price of $8.31.
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.