FY2022 Earnings Forecast for Industria de Diseño Textil, S.A. Issued By Jefferies Financial Group (OTCMKTS:IDEXY)

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) – Analysts at Jefferies Financial Group upped their FY2022 earnings per share (EPS) estimates for shares of Industria de Diseño Textil in a research note issued on Tuesday, September 14th. Jefferies Financial Group analyst J. Grzinic now expects that the company will post earnings of $0.67 per share for the year, up from their prior forecast of $0.60. Jefferies Financial Group has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Industria de Diseño Textil’s FY2023 earnings at $0.77 EPS and FY2024 earnings at $0.83 EPS.

A number of other research firms have also issued reports on IDEXY. Royal Bank of Canada reissued a “sector perform” rating on shares of Industria de Diseño Textil in a research report on Thursday, June 10th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Industria de Diseño Textil in a report on Wednesday, September 1st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Industria de Diseño Textil in a report on Wednesday, August 25th. They set a “sell” rating for the company. Zacks Investment Research lowered shares of Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a report on Thursday, September 2nd. Finally, Barclays reaffirmed an “equal weight” rating on shares of Industria de Diseño Textil in a report on Thursday, May 27th. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

IDEXY opened at $17.78 on Wednesday. Industria de Diseño Textil has a 12-month low of $11.40 and a 12-month high of $20.20. The firm has a market capitalization of $110.83 billion, a PE ratio of 84.67 and a beta of 1.22. The firm has a 50 day moving average of $17.19 and a two-hundred day moving average of $17.69.

About Industria de Diseño Textil

Industria de Diseño Textil SA engages in the retail and sale of clothing, footwear, and accessories. It operates through the following segments: ZARA, Bershka, and Other. The firm’s other brands include of Pull&Bear, Massimo Dutti, Stradivarius, Oysho, Zara Home, and Uterqüe. The company was founded by Amancio Ortega Gaona in 1963 and is headquartered in A Coruna, Spain.

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Earnings History and Estimates for Industria de Diseño Textil (OTCMKTS:IDEXY)

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