Analysts Set Expectations for OTCMKTS:IDEXY FY2027 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Equities researchers at Erste Group Bank increased their FY2027 EPS estimates for Industria de Diseno Textil in a research report issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the company will earn $0.64 per share for the year, up from their previous forecast of $0.62. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.63 per share.

Separately, Barclays raised Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Three research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Industria de Diseno Textil has a consensus rating of “Buy”.

Industria de Diseno Textil Stock Performance

OTCMKTS IDEXY opened at $16.75 on Tuesday. Industria de Diseno Textil has a 1 year low of $11.98 and a 1 year high of $17.34. The business’s fifty day moving average is $16.20 and its two-hundred day moving average is $15.69. The stock has a market capitalization of $208.82 billion, a P/E ratio of 28.39, a P/E/G ratio of 2.75 and a beta of 0.95.

Industria de Diseno Textil (OTCMKTS:IDEXY) last issued its earnings results on Wednesday, June 3rd. The company reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $10.23 billion during the quarter, compared to analysts’ expectations of $10.11 billion. Industria de Diseno Textil had a net margin of 15.60% and a return on equity of 33.65%.

Institutional Investors Weigh In On Industria de Diseno Textil

A hedge fund recently bought a new stake in Industria de Diseno Textil stock. Azimuth Capital Investment Management LLC acquired a new position in shares of Industria de Diseno Textil SA (OTCMKTS:IDEXY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 351,596 shares of the company’s stock, valued at approximately $5,539,000.

About Industria de Diseno Textil

Industria de Diseno Textil, SA (commonly known as Inditex) is a Spanish multinational apparel company headquartered in Arteixo, Galicia. The group was established in the mid-1980s and traces its roots to the founding of the Zara retail concept by Amancio Ortega and Rosalía Mera in 1975. Inditex is one of the world’s largest fashion retailers and is known for its fast-fashion business model that emphasizes rapid design-to-retail cycles and frequent merchandise turnover.

Inditex designs, produces, distributes and sells a wide range of clothing, accessories and home textiles through a portfolio of well-known brands, including Zara, Massimo Dutti, Pull&Bear, Bershka, Stradivarius, Oysho and Zara Home.