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Ermenegildo Zegna NV (ZGN-N)
NYSE:ZGN
8.63
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are divided on the performance of Ermenegildo Zegna NV. While they are transitioning to diversified apparel and moving into footwear, their execution has been uneven and their sales have been declining, especially in the Asia Pacific region. Some experts have doubts about their strategic plan and future growth, while others believe in a modest rebound in sales and high-double digit earnings growth in the next two years.
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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 2024-12-24, Ermenegildo Zegna NV (ZGN-N) stock closed at a price of $8.63.
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.