Erste Group Bank Weighs in on OTCMKTS:IDEXY FY2027 Earnings

Key Points

• Erste Group Bank lowered its FY2027 EPS forecast for Industria de Diseño Textil to $0.62 from $0.64, slightly below the $0.63 consensus estimate; it projects FY2028 EPS of $0.68.
• Inditex matched quarterly EPS expectations at $0.15 and exceeded revenue estimates, reporting $12.82 billion versus the $12.66 billion consensus. The company posted a 33.12% return on equity and a 15.54% net margin.
• Analyst sentiment remains positive, with Barclays upgrading the stock to “strong buy” and MarketBeat reporting an overall “Buy” consensus. Azimuth Capital also acquired 351,596 shares worth approximately $5.5 million.

Industria de Diseno Textil SA (OTCMKTS:IDEXY - Free Report) - Stock analysts at Erste Group Bank dropped their FY2027 earnings estimates for shares of Industria de Diseno Textil in a note issued to investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $0.62 for the year, down from their previous forecast of $0.64. The consensus estimate for Industria de Diseno Textil's current full-year earnings is $0.63 per share. Erste Group Bank also issued estimates for Industria de Diseno Textil's FY2028 earnings at $0.68 EPS.

Industria de Diseno Textil (OTCMKTS:IDEXY - Get Free Report) last issued its quarterly earnings data on Wednesday, September 9th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. Industria de Diseno Textil had a return on equity of 33.12% and a net margin of 15.54%.The company had revenue of $12.82 billion for the quarter, compared to analyst estimates of $12.66 billion.

Separately, Barclays upgraded Industria de Diseno Textil from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy".

Industria de Diseno Textil Price Performance

Shares of OTCMKTS IDEXY opened at $14.82 on Monday. The business has a 50-day moving average price of $16.18 and a 200 day moving average price of $15.59. The stock has a market cap of $184.76 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 2.42 and a beta of 0.95. Industria de Diseno Textil has a 52-week low of $12.88 and a 52-week high of $17.34.

Institutional Trading of Industria de Diseno Textil

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

About Industria de Diseno Textil

Industria de Diseño Textil, SA (Inditex) is a Spanish fashion retail group best known for its Zara brand. The company designs, manufactures, distributes and sells apparel, footwear, accessories and home products through a combination of company-operated stores and online platforms.

Inditex's portfolio includes Zara, Zara Home, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho. Its business model emphasizes frequent product updates, coordinated global operations and close integration between its physical stores and digital sales channels.

Founded in 1985 and headquartered in Arteixo, Galicia, Spain, Inditex serves customers across Europe, the Americas, Asia and other international markets.

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