Industria de Diseno Textil (OTCMKTS:IDEXY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15, Zacks reports. Industria de Diseno Textil had a return on equity of 33.12% and a net margin of 15.54%.The business had revenue of $12.82 billion for the quarter, compared to analysts’ expectations of $12.66 billion.
Industria de Diseno Textil Price Performance
Shares of IDEXY opened at $15.78 on Friday. The firm has a market capitalization of $196.72 billion, a P/E ratio of 26.30, a PEG ratio of 2.57 and a beta of 0.95. Industria de Diseno Textil has a one year low of $12.88 and a one year high of $17.34. The business has a fifty day moving average of $16.27 and a 200 day moving average of $15.65.
Analysts Set New Price Targets
Separately, Barclays raised Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Three research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Industria de Diseno Textil currently has an average rating of “Buy”.
About Industria de Diseno Textil
Industria de Diseño Textil, SA (Inditex) is a Spanish fashion retail group best known for its Zara brand. The company designs, manufactures, distributes and sells apparel, footwear, accessories and home products through a combination of company-operated stores and online platforms.
Inditex’s portfolio includes Zara, Zara Home, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho. Its business model emphasizes frequent product updates, coordinated global operations and close integration between its physical stores and digital sales channels.
Founded in 1985 and headquartered in Arteixo, Galicia, Spain, Inditex serves customers across Europe, the Americas, Asia and other international markets.
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