FY2027 EPS Estimates for OTCMKTS:IDEXY Decreased by Analyst

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Equities researchers at Erste Group Bank dropped their FY2027 EPS estimates for Industria de Diseno Textil in a note issued to investors on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $0.62 for the year, down from their previous forecast of $0.63. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.63 per share.

Industria de Diseno Textil (OTCMKTS:IDEXY) last announced its earnings results on Wednesday, June 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The business had revenue of $10.23 billion for the quarter, compared to analyst estimates of $10.11 billion. Industria de Diseno Textil had a net margin of 15.60% and a return on equity of 33.65%.

IDEXY has been the topic of several other reports. Citigroup upgraded Industria de Diseno Textil to a “strong-buy” rating in a report on Monday, March 16th. Zacks Research downgraded Industria de Diseno Textil from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Three investment 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 MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Industria de Diseno Textil Price Performance

IDEXY opened at $15.91 on Tuesday. The company has a market cap of $198.34 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 3.24 and a beta of 0.94. Industria de Diseno Textil has a twelve month low of $11.80 and a twelve month high of $17.34. The company has a 50-day moving average price of $15.40 and a 200 day moving average price of $15.74.

Industria de Diseno Textil Company Profile

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.