Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ermenegildo Zegna NV before investing.

In this article, we go over a few key elements for understanding Ermenegildo Zegna NV’s stock price such as:

• Ermenegildo Zegna NV’s current stock price and volume
• Why Ermenegildo Zegna NV’s stock price changed recently
• Upgrades and downgrades for ZGN from analysts
• ZGN’s stock price momentum as measured by its relative strength

About Ermenegildo Zegna NV (ZGN)

Before we jump into Ermenegildo Zegna NV’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ermenegildo Zegna NV is an Italy-based manufacturer of high-end menswear and accessories. The Company focuses on producing different kinds of apparel, including outerwear such as jackets, suits, blazers, shirts, pants and jeans, as well as shoes, sportswear and accessories. The Company is active worldwide.

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Ermenegildo Zegna NV’s Stock Price as of Market Close

As of September 27, 2024, 4:00 PM, CST, Ermenegildo Zegna NV’s stock price was $9.75.

Ermenegildo Zegna NV is up 5.18% from its previous closing price of $9.27.

During the last market session, Ermenegildo Zegna NV’s stock traded between $8.76 and $9.49. Currently, there are 250.63 million shares of Ermenegildo Zegna NV stock available for purchase.

Ermenegildo Zegna NV’s price-earnings (P/E) ratio is currently at 21.3, which is high compared to the Apparel & Accessories industry median of 19.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ermenegildo Zegna NV Stock Price History

Ermenegildo Zegna NV’s (ZGN) price is currently down 7.76% so far this month.

During the month of September, Ermenegildo Zegna NV’s stock price has reached a high of $10.57 and a low of $7.89.

Over the last year, Ermenegildo Zegna NV has hit prices as high as $15.26 and as low as $7.89. Year to date, Ermenegildo Zegna NV’s stock is down 6.88%.

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What Caused Ermenegildo Zegna NV Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 26, 2024, there were analysts who downgraded Ermenegildo Zegna NV’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ermenegildo Zegna NV’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ermenegildo Zegna NV’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ermenegildo Zegna NV’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ermenegildo Zegna NV (ZGN) by visiting AAII Stock Evaluator.

Relative Price Strength of Ermenegildo Zegna NV

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 26, 2024, Ermenegildo Zegna NV has a weighted four-quarter relative price strength of -16.46%, which translates to a Momentum Score of 21 and is considered to be Weak.

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Ermenegildo Zegna NV Stock Price: Bottom Line

As of September 27, 2024, Ermenegildo Zegna NV’s stock price is $9.75, which is up 5.18% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ermenegildo Zegna NV stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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