Erste Group Bank Estimates OTCMKTS:IDEXY FY2027 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Stock analysts at Erste Group Bank decreased their FY2027 EPS estimates for shares of Industria de Diseno Textil in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $0.60 per share for the year, down 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. Erste Group Bank also issued estimates for Industria de Diseno Textil’s FY2028 earnings at $0.66 EPS.

Separately, Barclays raised Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Two research 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 company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Industria de Diseno Textil Stock Performance

Shares of OTCMKTS IDEXY opened at $14.95 on Tuesday. The firm has a market capitalization of $186.38 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 2.46 and a beta of 1.02. The stock has a 50 day moving average price of $15.95 and a 200 day moving average price of $15.60. Industria de Diseno Textil has a 52-week low of $13.06 and a 52-week high of $17.34.

Industria de Diseno Textil (OTCMKTS:IDEXY) last issued its earnings results on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. The business had revenue of $12.82 billion for the quarter, compared to the consensus estimate of $12.66 billion. Industria de Diseno Textil had a net margin of 15.54% and a return on equity of 33.83%.

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) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 351,596 shares of the company’s stock, valued at approximately $5,539,000.

Industria de Diseno Textil Company Profile

Industria de Diseño Textil, SA (Inditex) is a Spanish multinational fashion retail group best known for its Zara brand. The company designs, manufactures, distributes and sells apparel, footwear, accessories and home products through a network of retail stores and online platforms.

Inditex operates a portfolio of brands that includes Zara, Zara Home, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho. Its products span womenswear, menswear, childrenswear, footwear, accessories, beauty and home furnishings, with each brand targeting distinct customer segments and styles.

Inditex traces its origins to Zara, which was founded in A Coruña, Spain, in 1975 by Amancio Ortega and Rosalía Mera.