Trending stocks today
Ermenegildo Zegna NV (ZGN-N)
NYSE:ZGN
9.17
0.33
(3.73%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Ermenegildo Zegna NV is currently undergoing a transition from a primarily high-end menswear brand to a more diversified apparel company, drawing comparisons to industry giants like LVMH. This strategic shift is evident through their acquisitions of Tom Ford and Thom Browne and a significant push into the footwear market. However, the company's performance has been inconsistent; while they did manage to grow last year, they've faced challenges this fiscal year, with organic sales declining by 4% in the first nine months of 2024 and a notable drop of 27% from Thom Browne. Despite these struggles, the Asia Pacific region continues to be the largest market, although its growth may be influenced by broader economic issues in China. Overall, while there are projections for a slight rebound in sales and robust earnings growth in subsequent years, skepticism about the company's execution and long-term strategy remains among experts.
N/A
No
- «
- ‹
- 1
- ›
- »
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 2025-02-04, Ermenegildo Zegna NV (ZGN-N) stock closed at a price of $9.17.
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.