Industria de Diseno Textil (OTCMKTS:IDEXY) Shares Gap Down - What's Next?

Industria de Diseno Textil SA (OTCMKTS:IDEXY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $26.89, but opened at $25.51. Industria de Diseno Textil shares last traded at $25.61, with a volume of 39,919 shares.

Wall Street Analysts Forecast Growth

IDEXY has been the topic of a number of research reports. Citigroup upgraded shares of Industria de Diseno Textil to a "strong-buy" rating in a research note on Thursday, March 13th. BNP Paribas raised Industria de Diseno Textil to a "strong-buy" rating in a report on Tuesday, April 22nd.

Industria de Diseno Textil Stock Down 3.8%

The firm has a market capitalization of $161.32 billion, a PE ratio of 25.13, a PEG ratio of 3.21 and a beta of 1.14. The stock has a 50-day moving average price of $26.87 and a 200 day moving average price of $26.41.

Industria de Diseno Textil (OTCMKTS:IDEXY - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02). The company had revenue of $9.45 billion for the quarter, compared to analyst estimates of $8.53 billion. Industria de Diseno Textil had a return on equity of 32.34% and a net margin of 15.19%. As a group, equities analysts predict that Industria de Diseno Textil SA will post 0.99 earnings per share for the current fiscal year.

Industria de Diseno Textil Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, May 1st were paid a dividend of $0.3187 per share. This represents a yield of 2.21%. The ex-dividend date of this dividend was Wednesday, April 30th. This is a boost from Industria de Diseno Textil's previous dividend of $0.29. Industria de Diseno Textil's dividend payout ratio is currently 61.17%.

Industria de Diseno Textil Company Profile

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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