Erste Group Bank Estimates OTCMKTS:IDEXY FY2028 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Stock analysts at Erste Group Bank issued their FY2028 earnings per share (EPS) estimates for Industria de Diseno Textil in a research note issued on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau anticipates that the company will earn $0.69 per share for the year. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.99 per share.

Several other analysts also recently weighed in on the company. Zacks Research downgraded Industria de Diseno Textil from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Citigroup raised shares of Industria de Diseno Textil to a “strong-buy” rating in a research report on Monday, March 16th. Four analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Industria de Diseno Textil has an average rating of “Strong Buy”.

Industria de Diseno Textil Trading Down 1.0%

IDEXY opened at $14.35 on Friday. The company has a market capitalization of $178.90 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 2.92 and a beta of 0.93. Industria de Diseno Textil has a 12-month low of $11.56 and a 12-month high of $17.34. The business’s fifty day simple moving average is $15.95 and its 200-day simple moving average is $15.11.

Industria de Diseno Textil (OTCMKTS:IDEXY) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.14). Industria de Diseno Textil had a return on equity of 35.01% and a net margin of 15.61%.The firm had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.65 billion.

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.