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

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

Ermenegildo Zegna Stock Performance

Shares of ZGN stock opened at $7.77 on Friday. The stock has a fifty day moving average price of $8.37 and a 200 day moving average price of $8.34. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.79 and a current ratio of 1.41. The stock has a market cap of $3.15 billion, a PE ratio of 14.65 and a beta of 0.69. Ermenegildo Zegna has a 1 year low of $7.07 and a 1 year high of $14.80.

Wall Street Analysts Forecast Growth

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

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.