Erste Group Bank Weighs in on OTCMKTS:IDEXY FY2028 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Stock analysts at Erste Group Bank issued their FY2028 earnings per share (EPS) estimates for shares of Industria de Diseno Textil in a report released on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau expects that the company will post earnings per share of $0.69 for the year. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.99 per share.

IDEXY has been the topic of several other research reports. Citigroup upgraded shares of Industria de Diseno Textil to a “strong-buy” rating in a report on Monday, March 16th. Zacks Research cut shares of Industria de Diseno Textil from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Four investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Industria de Diseno Textil presently has an average rating of “Strong Buy”.

Industria de Diseno Textil Stock Performance

Shares of OTCMKTS IDEXY opened at $14.35 on Friday. Industria de Diseno Textil has a fifty-two week low of $11.56 and a fifty-two week high of $17.34. The company has a market cap of $178.90 billion, a PE ratio of 24.96, a P/E/G ratio of 2.92 and a beta of 0.93. The business has a 50-day simple moving average of $15.95 and a two-hundred day simple moving average of $15.11.

Industria de Diseno Textil (OTCMKTS:IDEXY) last announced its earnings results on Wednesday, March 11th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.14). Industria de Diseno Textil had a net margin of 15.61% and a return on equity of 35.01%. The business had revenue of $13.62 billion for the quarter, compared to analyst estimates of $13.65 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.