Interparfums, Inc. (NASDAQ:IPAR) Receives Average Recommendation of “Moderate Buy” from Analysts

Interparfums, Inc. (NASDAQ:IPAR) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $106.00.

A number of analysts have issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research report on Wednesday, June 24th. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. TD Cowen started coverage on Interparfums in a research note on Monday, June 1st. They set a “buy” rating and a $110.00 price target for the company. Finally, BWS Financial reissued a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a report on Wednesday, April 22nd.

Hedge Funds Weigh In On Interparfums

Large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock valued at $183,554,000 after purchasing an additional 62,832 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Interparfums by 27.4% in the third quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock worth $11,277,000 after purchasing an additional 24,673 shares during the period. UBS Group AG raised its position in shares of Interparfums by 91.4% in the fourth quarter. UBS Group AG now owns 131,105 shares of the company’s stock worth $11,122,000 after buying an additional 62,605 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Interparfums in the third quarter worth $5,156,000. Finally, First Trust Advisors LP boosted its stake in Interparfums by 17.2% during the third quarter. First Trust Advisors LP now owns 628,349 shares of the company’s stock valued at $61,817,000 after buying an additional 92,253 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

IPAR traded up $0.46 during midday trading on Tuesday, reaching $121.53. The company had a trading volume of 115,745 shares, compared to its average volume of 266,062. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The stock has a market cap of $3.89 billion, a PE ratio of 23.15 and a beta of 1.13. Interparfums has a 12-month low of $77.21 and a 12-month high of $139.00. The business has a 50-day moving average price of $96.82 and a two-hundred day moving average price of $94.48.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21. The firm had revenue of $344.89 million during the quarter, compared to the consensus estimate of $345.00 million. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The company’s revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts expect that Interparfums will post 4.82 earnings per share for the current fiscal year.

Interparfums Company Profile

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.