Industria de Diseno Textil (IDEXY) to Release Quarterly Earnings on Wednesday

Industria de Diseno Textil (OTCMKTS:IDEXY) is anticipated to release its results before the market opens on Wednesday, December 10th. Analysts expect Industria de Diseno Textil to post earnings of $0.24 per share for the quarter.

Industria de Diseno Textil Stock Down 0.9%

Shares of IDEXY stock opened at $14.18 on Wednesday. Industria de Diseno Textil has a 52 week low of $11.56 and a 52 week high of $14.82. The stock has a market capitalization of $176.78 billion, a PE ratio of 27.01, a P/E/G ratio of 2.40 and a beta of 1.14. The firm has a 50 day moving average of $13.91 and a two-hundred day moving average of $15.78.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IDEXY. UBS Group upgraded Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Royal Bank Of Canada upgraded Industria de Diseno Textil from a “hold” rating to a “moderate buy” rating in a report on Monday, November 24th. Four analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Strong Buy”.

About Industria de Diseno Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.