Interparfums, Inc. (NASDAQ:IPAR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Interparfums, Inc. (NASDAQ:IPAR) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $119.1429.

A number of equities analysts have recently weighed in on IPAR shares. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a report on Monday, December 29th. Jefferies Financial Group assumed coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. Canaccord Genuity Group restated a “buy” rating and set a $123.00 target price on shares of Interparfums in a research report on Wednesday, November 19th. Finally, UBS Group set a $103.00 price target on shares of Interparfums in a report on Friday, November 21st.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $100.78 on Wednesday. The stock has a market cap of $3.23 billion, a PE ratio of 19.23 and a beta of 1.21. Interparfums has a 1 year low of $77.21 and a 1 year high of $146.00. The firm has a fifty day moving average price of $94.21 and a 200-day moving average price of $95.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97.

Interparfums (NASDAQ:IPAR) last issued its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The company had revenue of $386.18 million during the quarter, compared to the consensus estimate of $366.76 million. During the same quarter in the prior year, the firm posted $0.82 EPS. Interparfums’s quarterly revenue was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities analysts anticipate that Interparfums will post 5.14 earnings per share for the current fiscal year.

Interparfums Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, March 16th. Interparfums’s payout ratio is currently 61.07%.

Hedge Funds Weigh In On Interparfums

Several institutional investors have recently added to or reduced their stakes in IPAR. Hantz Financial Services Inc. lifted its stake in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the period. Exchange Traded Concepts LLC purchased a new position in Interparfums during the 3rd quarter valued at about $34,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Interparfums in the 3rd quarter valued at about $35,000. Advisory Services Network LLC purchased a new stake in shares of Interparfums in the 3rd quarter worth approximately $40,000. Finally, Global Retirement Partners LLC lifted its position in shares of Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after purchasing an additional 135 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

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.