FY2023 EPS Estimates for Industria de Diseño Textil, S.A. Reduced by Telsey Advisory Group (OTCMKTS:IDEXY)

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXYGet Rating) – Equities researchers at Telsey Advisory Group decreased their FY2023 earnings estimates for Industria de Diseño Textil in a report released on Thursday, September 15th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn $0.65 per share for the year, down from their prior forecast of $0.66. The consensus estimate for Industria de Diseño Textil’s current full-year earnings is $0.66 per share. Telsey Advisory Group also issued estimates for Industria de Diseño Textil’s Q1 2024 earnings at $0.15 EPS.

Other research analysts have also recently issued research reports about the stock. Citigroup raised shares of Industria de Diseño Textil from a “neutral” rating to a “buy” rating in a research report on Monday, September 12th. Credit Suisse Group upped their target price on shares of Industria de Diseño Textil from €20.50 ($20.92) to €21.50 ($21.94) and gave the stock an “underperform” rating in a research note on Thursday. Berenberg Bank cut their target price on shares of Industria de Diseño Textil from €26.00 ($26.53) to €22.50 ($22.96) in a research note on Wednesday, September 7th. Royal Bank of Canada upped their target price on shares of Industria de Diseño Textil from €27.00 ($27.55) to €29.00 ($29.59) and gave the stock an “outperform” rating in a research note on Thursday, June 9th. Finally, Morgan Stanley raised their price objective on shares of Industria de Diseño Textil from €23.50 ($23.98) to €25.50 ($26.02) in a report on Thursday, June 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Industria de Diseño Textil currently has an average rating of “Hold” and a consensus price target of $25.56.

Industria de Diseño Textil Trading Up 1.2 %

Shares of IDEXY stock opened at $11.27 on Monday. The company’s 50-day moving average price is $11.89 and its 200-day moving average price is $11.53. The stock has a market cap of $70.25 billion, a price-to-earnings ratio of 16.82 and a beta of 1.06. Industria de Diseño Textil has a twelve month low of $10.18 and a twelve month high of $19.05.

About Industria de Diseño Textil

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Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts. Its retail concepts include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. As of July 13, 2021, the company operated 6,829 stores in 96 markets; and online stores in 216 markets.

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Earnings History and Estimates for Industria de Diseño Textil (OTCMKTS:IDEXY)

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