(ZGN) Ermenegildo Zegna - Ratings and Ratios

Ermenegildo Zegna NV is a luxury fashion powerhouse that designs, manufactures, and distributes high-end menswear, womenwear, and accessories globally. The companys product portfolio encompasses a wide range of luxury categories, including leisurewear, formalwear, leather goods, eyewear, fine jewelry, and fragrances, sold under prestigious brands such as ZEGNA, Thom Browne, and TOM FORD FASHION.

The companys business model is diversified across multiple channels, including retail stores and online platforms, allowing it to effectively reach and serve its affluent customer base. With a rich history dating back to 1910, Ermenegildo Zegna NV has established itself as a leading player in the luxury apparel and accessories market, with a strong presence in key regions around the world.

From a technical analysis perspective, the stock has been exhibiting a positive trend, with its 20-day simple moving average (SMA20) at $8.57, slightly below the current price of $8.65. The 50-day SMA is at $7.92, indicating a potential support level, while the 200-day SMA is at $8.31, suggesting a longer-term uptrend. The average true range (ATR) is 2.64%, indicating moderate volatility.

Fundamentally, Ermenegildo Zegna NVs market capitalization stands at $2.17 billion, with a price-to-earnings (P/E) ratio of 25.29 and a forward P/E of 20.96, indicating a relatively high valuation. However, the companys return on equity (RoE) is a robust 22.08%, suggesting strong profitability.

Based on the technical and fundamental data, a forecast for Ermenegildo Zegna NV is cautiously optimistic. The stocks recent price action and technical indicators suggest a potential short-term uptrend, with a target price of $9.50-$10.00, representing a 10-15% increase from current levels. However, the high P/E ratio and moderate volatility suggest that investors should exercise caution and closely monitor the companys future earnings reports and industry trends. A key level to watch is the 52-week high of $12.11, which could be a potential resistance level if the stock continues to rise.