Shares of Industria de Diseno Textil SA (OTCMKTS:IDEXY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 640,618 shares changed hands during mid-day trading, an increase of 46% from the previous session's volume of 437,761 shares.The stock last traded at $25.55 and had previously closed at $25.46.
Analysts Set New Price Targets
Several equities research analysts have commented on the stock. BNP Paribas raised shares of Industria de Diseno Textil to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup upgraded Industria de Diseno Textil to a "strong-buy" rating in a research note on Thursday, March 13th.
Read Our Latest Stock Analysis on Industria de Diseno Textil
Industria de Diseno Textil Price Performance
The stock has a market cap of $161.26 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth ratio of 3.21 and a beta of 1.14. The business's 50-day simple moving average is $26.87 and its two-hundred day simple moving average is $26.41.
Industria de Diseno Textil (OTCMKTS:IDEXY - Get Free Report) last announced its earnings results on Wednesday, June 11th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). The company had revenue of $9.45 billion during the quarter, compared to the consensus estimate of $8.53 billion. Industria de Diseno Textil had a net margin of 15.19% and a return on equity of 32.34%. Equities research analysts forecast that Industria de Diseno Textil SA will post 0.99 earnings per share for the current year.
Industria de Diseno Textil Increases Dividend
The company also recently announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Thursday, May 1st were given a dividend of $0.3187 per share. This represents a dividend yield of 2.21%. This is a positive change from Industria de Diseno Textil's previous dividend of $0.29. The ex-dividend date was Wednesday, April 30th. Industria de Diseno Textil's dividend payout ratio is presently 61.17%.
Industria de Diseno Textil Company Profile
(
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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.
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