Ermenegildo Zegna (ZGN) Expected to Announce Quarterly Earnings on Friday

Ermenegildo Zegna (NYSE:ZGN) is projected to announce its earnings results before the market opens on Friday, April 4th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Ermenegildo Zegna Stock Performance

NYSE ZGN opened at $7.77 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.41 and a quick ratio of 0.79. Ermenegildo Zegna has a 1-year low of $7.07 and a 1-year high of $14.80. The firm has a market capitalization of $3.15 billion, a P/E ratio of 14.65 and a beta of 0.69. The business’s 50-day simple moving average is $8.37 and its 200-day simple moving average is $8.34.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. BNP Paribas raised shares of Ermenegildo Zegna to a “hold” rating in a research report on Monday, December 2nd. Bank of America raised shares of Ermenegildo Zegna from a “neutral” rating to a “buy” rating and lowered their price target for the company from $9.40 to $8.90 in a report on Thursday, January 16th. Finally, TD Cowen assumed coverage on shares of Ermenegildo Zegna in a report on Tuesday, February 18th. They issued a “hold” rating and a $10.00 price objective on the stock.

Ermenegildo Zegna Company Profile

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.