Ermenegildo Zegna (ZGN) Projected to Post Earnings on Friday

Ermenegildo Zegna (NYSE:ZGN) is expected to be releasing 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. Investors interested in registering for the company’s conference call can do so using this link.

Ermenegildo Zegna Stock Performance

Shares of ZGN opened at $7.36 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.41 and a quick ratio of 0.79. The firm has a 50-day moving average of $8.31 and a 200-day moving average of $8.27. The company has a market cap of $2.98 billion, a PE ratio of 13.88 and a beta of 0.69. Ermenegildo Zegna has a one year low of $7.07 and a one year high of $14.57.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America raised Ermenegildo Zegna from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $9.40 to $8.90 in a research report on Thursday, January 16th. TD Cowen began coverage on Ermenegildo Zegna in a report on Tuesday, February 18th. They set a “hold” rating and a $10.00 target price 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.