Interparfums, Inc. (NASDAQ:IPAR) Stock Has Average Price Target of $123.29

Shares of Interparfums, Inc. (NASDAQ:IPAR) have earned an average rating of “Hold” from the nine research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $123.29.

A number of brokerages recently issued reports on IPAR. TD Cowen cut shares of Interparfums from a “buy” rating to a “hold” rating and increased their target price for the stock from $110.00 to $120.00 in a research report on Monday, August 10th. Weiss Ratings restated a “hold (c)” rating on shares of Interparfums in a research report on Friday, October 2nd. Berenberg Bank cut shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price objective on the stock. in a research note on Friday, August 14th. Zacks Research cut shares of Interparfums from a “hold” rating to a “strong sell” rating in a research note on Monday, September 14th. Finally, Canaccord Genuity Group boosted their target price on Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.

Insiders Place Their Bets

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the sale, the director directly owned 900 shares of the company’s stock, valued at $105,174. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 43.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Interparfums

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of Interparfums by 6.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,753 shares of the company’s stock valued at $195,000 after purchasing an additional 106 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Interparfums by 34.2% during the first quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock worth $44,000 after buying an additional 124 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Interparfums by 75.4% during the second quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock worth $48,000 after buying an additional 184 shares during the last quarter. Illinois Municipal Retirement Fund raised its stake in shares of Interparfums by 2.4% during the first quarter. Illinois Municipal Retirement Fund now owns 9,885 shares of the company’s stock worth $898,000 after buying an additional 227 shares during the last quarter. Finally, Inspire Investing LLC lifted its holdings in Interparfums by 4.2% in the first quarter. Inspire Investing LLC now owns 5,723 shares of the company’s stock valued at $520,000 after buying an additional 230 shares during the period. Institutional investors own 55.57% of the company’s stock.

Interparfums Trading Up 0.1%

Interparfums stock opened at $112.33 on Thursday. Interparfums has a 52 week low of $77.21 and a 52 week high of $129.29. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31. The firm has a market capitalization of $3.60 billion, a PE ratio of 21.48 and a beta of 1.16. The business’s 50-day simple moving average is $115.37 and its 200-day simple moving average is $106.29.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.95. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm had revenue of $341.04 million during the quarter, compared to the consensus estimate of $341.00 million. During the same period in the prior year, the firm earned $0.99 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts forecast that Interparfums will post 4.85 earnings per share for the current year.

About Interparfums

Inter Parfums, Inc is a fragrance company that develops, manufactures and distributes prestige and designer perfumes and related products. Its offerings include fragrances, body-care products and ancillary beauty items sold under a portfolio of owned and licensed brand names.

The company markets products associated with international fashion, luxury and lifestyle brands, including Montblanc, Jimmy Choo, Coach, Kate Spade, Oscar de la Renta, Rochas, Van Cleef & Arpels, Boucheron, Moncler and other brand partners.