Industria de Diseño Textil (OTCMKTS:IDEXY) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Industria de Diseño Textil (OTCMKTS:IDEXY) announced its earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01), Zacks reports. Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%.

Industria de Diseño Textil Stock Performance

OTCMKTS:IDEXY traded down $0.43 on Wednesday, hitting $26.56. 612,877 shares of the stock were exchanged, compared to its average volume of 313,313. The company’s 50-day moving average price is $26.68 and its 200 day moving average price is $27.45. Industria de Diseño Textil has a 52 week low of $21.98 and a 52 week high of $30.11. The stock has a market capitalization of $165.56 billion, a price-to-earnings ratio of 26.30, a P/E/G ratio of 2.38 and a beta of 1.11.

Analysts Set New Price Targets

Separately, Royal Bank of Canada cut shares of Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 12th.

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.