Analysts Set Expectations for OTCMKTS:IDEXY FY2027 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Analysts at Erste Group Bank raised their FY2027 earnings estimates for Industria de Diseno Textil in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $0.63 for the year, up from their prior forecast of $0.62. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.63 per share.

Industria de Diseno Textil Stock Performance

Industria de Diseno Textil stock opened at $15.15 on Monday. Industria de Diseno Textil has a 52 week low of $11.80 and a 52 week high of $17.34. The stock has a market capitalization of $188.87 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94. The stock has a fifty day moving average of $15.51 and a 200-day moving average of $15.68.

Industria de Diseno Textil (OTCMKTS:IDEXY) last released its earnings results on Wednesday, June 3rd. The company reported $0.13 earnings per share for the quarter, hitting the consensus estimate of $0.13. Industria de Diseno Textil had a return on equity of 33.65% and a net margin of 15.60%.The firm had revenue of $10.23 billion during the quarter, compared to analysts’ expectations of $10.11 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.