OTCMKTS:IDEXY FY2027 EPS Forecast Cut by Erste Group Bank

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Analysts at Erste Group Bank cut their FY2027 earnings per share (EPS) estimates for Industria de Diseno Textil in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $0.64 for the year, down from their prior forecast of $0.64. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.63 per share. Erste Group Bank also issued estimates for Industria de Diseno Textil’s FY2028 earnings at $0.70 EPS.

Industria de Diseno Textil (OTCMKTS:IDEXY) last posted its earnings results on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. Industria de Diseno Textil had a return on equity of 33.12% and a net margin of 15.54%.The company had revenue of $12.82 billion for the quarter, compared to the consensus estimate of $12.66 billion.

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

Industria de Diseno Textil Price Performance

OTCMKTS IDEXY opened at $15.11 on Monday. The stock has a market capitalization of $188.31 billion, a PE ratio of 25.18, a P/E/G ratio of 2.52 and a beta of 0.95. The business has a 50 day simple moving average of $16.22 and a two-hundred day simple moving average of $15.62. Industria de Diseno Textil has a 1-year low of $12.88 and a 1-year high of $17.34.

Institutional Trading of Industria de Diseno Textil

An institutional investor recently bought a new stake in Industria de Diseno Textil stock. Azimuth Capital Investment Management LLC bought a new stake in shares of Industria de Diseno Textil SA (OTCMKTS:IDEXY) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 351,596 shares of the company’s stock, valued at approximately $5,539,000.

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.