Industria de Diseno Textil (OTCMKTS:IDEXY) Hits New 12-Month High – Time to Buy?

Industria de Diseno Textil SA (OTCMKTS:IDEXYGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $16.54 and last traded at $16.0640, with a volume of 3474 shares. The stock had previously closed at $16.40.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on IDEXY

Industria de Diseno Textil Stock Down 0.4%

The stock has a market cap of $199.59 billion, a P/E ratio of 29.38, a P/E/G ratio of 2.09 and a beta of 0.96. The company’s 50 day moving average price is $14.40 and its two-hundred day moving average price is $15.02.

Industria de Diseno Textil (OTCMKTS:IDEXYGet Free Report) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.16). The firm had revenue of $11.44 billion during the quarter, compared to the consensus estimate of $11.27 billion. Industria de Diseno Textil had a return on equity of 33.70% and a net margin of 15.40%. As a group, equities research analysts forecast that Industria de Diseno Textil SA will post 0.99 earnings per share for the current year.

About Industria de Diseno Textil

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Industria de Diseno Textil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industria de Diseno Textil and related companies with MarketBeat.com's FREE daily email newsletter.