BNP Paribas Upgrades Industria de Diseño Textil (OTCMKTS:IDEXY) to Strong-Buy

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) was upgraded by stock analysts at BNP Paribas to a "strong-buy" rating in a note issued to investors on Tuesday, April 22nd,Zacks.com reports.

Separately, Citigroup upgraded Industria de Diseño Textil to a "strong-buy" rating in a report on Thursday, March 13th.

Industria de Diseño Textil Trading Down 2.5 %

Shares of Industria de Diseño Textil stock traded down $0.70 during trading on Tuesday, reaching $27.42. The stock had a trading volume of 166,173 shares, compared to its average volume of 521,370. The company has a market capitalization of $170.92 billion, a price-to-earnings ratio of 27.15, a P/E/G ratio of 2.38 and a beta of 1.07. The stock has a fifty day moving average price of $25.98 and a two-hundred day moving average price of $26.82. Industria de Diseño Textil has a 52 week low of $22.31 and a 52 week high of $30.11.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last issued its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01). Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. The business had revenue of $11.96 billion during the quarter, compared to analyst estimates of $11.13 billion. On average, equities analysts forecast that Industria de Diseño Textil will post 0.99 EPS for the current fiscal year.

Industria de Diseño 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.