FY2027 EPS Estimates for OTCMKTS:IDEXY Lowered by Analyst

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Stock analysts at Erste Group Bank dropped their FY2027 EPS estimates for Industria de Diseno Textil in a research note issued on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings of $0.64 per share for the year, down from their prior estimate of $0.64. 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 $0.70 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. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Industria de Diseno Textil Stock Down 0.6%

Shares of IDEXY opened at $15.54 on Monday. Industria de Diseno Textil has a 12-month low of $12.88 and a 12-month high of $17.34. The business has a 50-day simple moving average of $16.24 and a two-hundred day simple moving average of $15.63. The stock has a market cap of $193.73 billion, a PE ratio of 25.90, a PEG ratio of 2.53 and a beta of 0.95.

Industria de Diseno Textil (OTCMKTS:IDEXY) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. Industria de Diseno Textil had a return on equity of 33.12% and a net margin of 15.54%.The company had revenue of $12.82 billion during the quarter, compared to analysts’ expectations of $12.66 billion.

Hedge Funds Weigh In On Industria de Diseno Textil

A hedge fund recently bought a new stake in Industria de Diseno Textil stock. Azimuth Capital Investment Management LLC acquired a new position in Industria de Diseno Textil SA (OTCMKTS:IDEXY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 351,596 shares of the company’s stock, valued at approximately $5,539,000.

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.