OTCMKTS:IDEXY FY2027 EPS Forecast Lifted by Erste Group Bank

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Equities researchers at Erste Group Bank lifted their FY2027 earnings per share (EPS) estimates for shares of Industria de Diseno Textil in a report issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $0.63 per share 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

Shares of OTCMKTS:IDEXY opened at $15.35 on Monday. The firm has a market cap of $191.36 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94. The company has a fifty day simple moving average of $15.50 and a 200 day simple moving average of $15.69. Industria de Diseno Textil has a 12-month low of $11.80 and a 12-month high of $17.34.

Industria de Diseno Textil (OTCMKTS:IDEXY) last released its earnings results on Wednesday, June 3rd. The company reported $0.13 EPS for the quarter, meeting 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 company had revenue of $10.23 billion during the quarter, compared to analysts’ expectations of $10.11 billion.

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.