Ermenegildo Zegna N.V. Price & Performance (ZGN)

Ermenegildo Zegna reported a 2.2% year-over-year revenue increase to €1.95 billion for fiscal 2024, exceeding analyst expectations. The ZEGNA brand saw organic growth of 4.9%, helping offset declines in other segments. Management projects further gains, targeting up to €2.4 billion in revenue by 2027, reinforcing investor optimism.12

Shares of Ermenegildo Zegna hit a new 52-week low recently, trading as low as $6.05. Despite the decline, analysts maintain a "buy" consensus, with price targets averaging $8.05, suggesting potential recovery. The company’s stable debt profile and ongoing brand strategy are seen as positives for a turnaround.32

Zegna’s controlling family shareholder has raised its stake in the luxury group, with intentions to increase it further. This move comes amid recent financial results showing modest growth and a transition to a direct-to-consumer model, signaling confidence in the company’s future and ongoing transformation.24