Ermenegildo Zegna N.V. (ZGN)

NYSE: ZGN · Real-Time Price · USD
7.39
-0.28 (-3.65%)
Nov 20, 2024, 4:00 PM EST - Market closed
-3.65%
Market Cap 1.87B
Revenue (ttm) 2.10B
Net Income (ttm) 107.84M
Shares Out 252.42M
EPS (ttm) 0.42
PE Ratio 17.70
Forward PE 18.60
Dividend $0.13 (1.76%)
Ex-Dividend Date Jul 5, 2024
Volume 711,776
Open 7.59
Previous Close 7.67
Day's Range 7.35 - 7.70
52-Week Range 7.13 - 15.26
Beta 0.66
Analysts Strong Buy
Price Target 18.70 (+153.05%)
Earnings Date Sep 18, 2024

About ZGN

Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances. The company also offers luxury womenswear and childrenswear under the Thom Browne brand, as well as provides eyewear, cufflin... [Read more]

Founded 1910
Employees 6,925
Stock Exchange NYSE
Ticker Symbol ZGN
Full Company Profile

Financial Performance

In 2023, Ermenegildo Zegna's revenue was 1.90 billion, an increase of 27.58% compared to the previous year's 1.49 billion. Earnings were 121.53 million, an increase of 136.06%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to one analyst, the rating for ZGN stock is "Strong Buy" and the 12-month stock price forecast is $18.7.

Price Target
$18.7
(153.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Zegna's controlling family shareholder raises stake in group

Ermenegildo Zegna's controlling shareholder has raised its stake in the luxury group and intends to increase it further, the company said on Tuesday.

8 days ago - Reuters

Monterubello, Ermenegildo Zegna Group's Controlling Shareholder, Purchased 913,000 Shares and Intends to Acquire Additional 2 Million Shares

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) was informed today that Monteru...

9 days ago - Business Wire

Ermenegildo Zegna N.V. (ZGN) Q3 2024 Earnings Call Transcript

Ermenegildo Zegna N.V. (NYSE:ZGN) Q3 2024 Earnings Conference Call October 22, 2024 8:00 AM ET Company Participants Gildo Zegna – Chairman and Chief Executive Officer Gianluca Tagliabue – Chief Opera...

4 weeks ago - Seeking Alpha

Ermenegildo Zegna Group Revenues1 Reach €1.4B in the First Nine Months of 2024. Zegna Brand Continued to Grow Driven by DTC.

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced unaudited reven...

4 weeks ago - Business Wire

Ermenegildo Zegna N.V. (ZGN) H1 2024 Earnings Call Transcript

Ermenegildo Zegna N.V. (NYSE:ZGN) H1 2024 Earnings Conference Call September 18, 2024 8:00 AM ET Company Participants Ermenegildo Zegna - Chairman and CEO Gianluca Tagliabue - CFO and COO Paola Duran...

2 months ago - Seeking Alpha

Ermenegildo Zegna Group Reports First Half 2024 Revenues of €960 Million With Profit at €31 Million and Adjusted EBIT at €81 Million

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or “the Group”) today announced profit of €31.3...

2 months ago - Business Wire

Ermenegildo Zegna: Again, This Is A Buy

Ermenegildo Zegna showed 6% sales growth in H1 2024, with strong performance in Western markets, but faced a 10% decline in Greater China. Our team sees support in Zegna Quiet Luxury status and its in...

2 months ago - Seeking Alpha

Ermenegildo Zegna N.V. (ZGN) Q2 2024 Earnings Call Transcript

Ermenegildo Zegna N.V. (NYSE:ZGN) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Ermenegildo Zegna - Chairman and CEO Gianluca Tagliabue - CFO and COO Paola Durante - ...

4 months ago - Seeking Alpha

Italian luxury group Zegna posts flat organic revenue

Italian fashion group Ermenegildo Zegna reported broadly flat second quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset a weaker quarter at its Tho...

4 months ago - Reuters

Ermenegildo Zegna Group Revenues Reach €960 Million1 in H1 2024, Up 6% Year-on-Year

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced unaudited reven...

4 months ago - Business Wire

Ermenegildo Zegna Group Reports Voting Results of the Annual General Meeting Held on June 26, 2024

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced that all resolu...

5 months ago - Business Wire

Ermenegildo Zegna: Rising Clouds Above The Luxury Oasis

Zegna demonstrated notable financial growth with an 8% increase in Q1 2024 sales, despite a 5% organic decline due to challenges in China and strategic changes at Thom Browne. The company faced headwi...

6 months ago - Seeking Alpha

Ermenegildo Zegna Group Announces Publication of the Convocation Notice for Its 2024 Annual General Meeting

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced the publication...

6 months ago - Business Wire

Ermenegildo Zegna N.V. (ZGN) Q1 2024 Earnings Call Transcript

Ermenegildo Zegna N.V. (NYSE:ZGN) Q1 2024 Earnings Conference Call April 23, 2024 8:00 AM ET Company Participants Paola Durante - IR Ermenegildo Zegna - Chairman and CEO Gianluca Tagliabue - CFO and ...

7 months ago - Seeking Alpha

Ermenegildo Zegna Group Reported Q1 2024 Revenues of €463 Million1, up 8%2 YoY, Driven by Zegna Brand and the Integration of Tom Ford Fashion

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) today announced unaudited reven...

7 months ago - Business Wire

Ermenegildo Zegna: Positive On The Medium Term Outlook

Ermenegildo Zegna is recommended as a buy, with a focus on targeting loyal and high-spending customers and shifting away from wholesale. The Zegna brand is reducing exposure to the aspirational segmen...

8 months ago - Seeking Alpha

Ermenegildo Zegna N.V. (ZGN) Q4 2023 Earnings Call Transcript

Ermenegildo Zegna N.V. (NYSE:ZGN) Q4 2023 Earnings Conference Call April 5, 2024 8:00 AM ET Company Participants Paola Durante - Investor Relations Ermenegildo Zegna - Chairman and CEO Gianluca Tagli...

8 months ago - Seeking Alpha

Ermenegildo Zegna Group Delivers Strong Performance in FY 2023 With Profit Doubling to €136 Million

MILANMILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or “the Group”) today announced profit of ...

8 months ago - Business Wire

Ermenegildo Zegna Group (ZGN) 2023 Full Year Preliminary Revenues Call (Transcript)

Ermenegildo Zegna Group (ZGN) 2023 Full Year Preliminary Revenues Call (Transcript)

10 months ago - Seeking Alpha

Ermenegildo Zegna Group Ends Full Year 2023 on a Strong Note With Accelerated Growth in the Fourth Quarter

MILAN--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” the “Group,” “Zegna,” or the “Company”), owner of the ZEGNA and Thom Browne brands and exclusive licensee for the Tom Ford Fas...

10 months ago - Business Wire

Zegna: Walking Through 2024 With Success And Style

Zegna's current undervaluation and under-following made the Italian company my pick for the year 2024. During the recent Capital Markets Day, the company demonstrated a promising vision and financial ...

11 months ago - Seeking Alpha

Zegna: Paving The Road To Growth

Post Capital Market Day, Zegna group CAGR topline is estimates at >10% with an increase adj. EBIT of approximately 20%. Zegna has space to grow on sales density, new store openings, and Tom Ford Chine...

1 year ago - Seeking Alpha

Ermenegildo Zegna on taking advantage of the 'quiet luxury' trend and post-Covid dress codes

Ermenegildo Zegna, Ermenegildo Zegna chairman and CEO, joins 'Squawk on the Street' to discuss what Zegna is telling investors about demand for luxury items, how the Asian consumer has performed, and ...

1 year ago - CNBC Television

Ermenegildo Zegna Group Unveils Updated Group Strategy Following Tom Ford Fashion Acquisition, and Strong Medium Term Financial Outlook

NEW YORK--(BUSINESS WIRE)--Ermenegildo Zegna N.V. (NYSE:ZGN) (“Zegna Group,” “the Group,” or “the Company”) today will host its second Capital Markets Day at the New York Stock Exchange where the Grou...

1 year ago - Business Wire

Zegna: High-Quality Luxury At A Reasonable Price

Ermenegildo Zegna is an Italian group of luxury companies that benefit from a vertically integrated supply chain and underlying growth. The rebranding of Zegna and further reinvesting into Thom Browne...

1 year ago - Seeking Alpha