Analysts Offer Predictions for OTCMKTS:IDEXY FY2027 Earnings

Industria de Diseno Textil SA (OTCMKTS:IDEXY) – Investment analysts at Erste Group Bank increased their FY2027 earnings per share estimates for Industria de Diseno Textil in a research note issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $0.61 for the year, up from their previous estimate of $0.60. The consensus estimate for Industria de Diseno Textil’s current full-year earnings is $0.62 per share. Erste Group Bank also issued estimates for Industria de Diseno Textil’s FY2028 earnings at $0.67 EPS.

Separately, Barclays raised shares of Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Industria de Diseno Textil currently has a consensus rating of “Buy”.

Industria de Diseno Textil Stock Down 0.9%

Shares of OTCMKTS IDEXY opened at $15.90 on Wednesday. Industria de Diseno Textil has a 12 month low of $13.06 and a 12 month high of $17.34. The firm’s 50 day simple moving average is $15.71 and its 200-day simple moving average is $15.72.

Industria de Diseno Textil (OTCMKTS:IDEXY) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. The company had revenue of $12.82 billion during the quarter, compared to analyst estimates of $12.66 billion.

Hedge Funds Weigh In On Industria de Diseno Textil

An institutional investor recently bought a new position in Industria de Diseno Textil stock. Azimuth Capital Investment Management LLC acquired a new stake in shares of Industria de Diseno Textil SA (OTCMKTS:IDEXY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 351,596 shares of the company’s stock, valued at approximately $5,539,000.

Industria de Diseno Textil Company Profile

Industria de Diseño Textil, SA (Inditex) is a Spanish fashion retail group headquartered in Arteixo, Galicia. The company operates an integrated retail model that combines physical stores, e-commerce platforms, product design, sourcing, logistics and distribution.

Inditex’s portfolio includes Zara, Zara Home, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho. Its products include apparel, footwear, accessories, cosmetics and home furnishings, with offerings positioned across a range of fashion and lifestyle categories.

The company traces its origins to Zara, which was founded in 1975 by Amancio Ortega and Rosalía Mera; Inditex was established as a corporate group in 1985.