Industria de Diseno Textil (OTCMKTS:IDEXY – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15, Zacks reports. Industria de Diseno Textil had a return on equity of 33.65% and a net margin of 15.60%.The firm had revenue of $12.82 billion during the quarter, compared to analyst estimates of $12.66 billion.
Industria de Diseno Textil Price Performance
IDEXY stock opened at $15.83 on Thursday. Industria de Diseno Textil has a 1-year low of $12.82 and a 1-year high of $17.34. The business has a fifty day moving average price of $16.27 and a 200-day moving average price of $15.66. The stock has a market capitalization of $197.35 billion, a P/E ratio of 26.83, a P/E/G ratio of 2.64 and a beta of 0.95.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded shares of Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus 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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