Interparfums (NASDAQ:IPAR) Shares Cross Above 200-Day Moving Average – Should You Sell?

Interparfums, Inc. (NASDAQ:IPAR)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $96.62 and traded as high as $124.95. Interparfums shares last traded at $123.23, with a volume of 218,430 shares.

Analysts Set New Price Targets

IPAR has been the topic of a number of research reports. TD Cowen initiated coverage on shares of Interparfums in a research report on Monday, June 1st. They set a “buy” rating and a $110.00 target price on the stock. BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd. Weiss Ratings upgraded shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

Interparfums Stock Performance

The business has a 50-day moving average of $101.76 and a two-hundred day moving average of $96.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The company has a market cap of $3.95 billion, a P/E ratio of 23.38 and a beta of 1.13.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, May 5th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. The business 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 firm’s revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.32 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts predict that Interparfums, Inc. will post 4.82 EPS for the current fiscal year.

Institutional Investors Weigh In On Interparfums

A number of hedge funds and other institutional investors have recently bought and sold shares of IPAR. GAMMA Investing LLC boosted its stake in Interparfums by 47.6% in the second quarter. GAMMA Investing LLC now owns 1,647 shares of the company’s stock valued at $184,000 after acquiring an additional 531 shares in the last quarter. Versant Capital Management Inc grew its holdings in Interparfums by 75.4% in the second quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock worth $48,000 after purchasing an additional 184 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Interparfums by 1,350.6% during the first quarter. NewEdge Advisors LLC now owns 2,408 shares of the company’s stock worth $219,000 after purchasing an additional 2,242 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of Interparfums by 22.3% during the first quarter. Glenmede Trust Co. NA now owns 11,059 shares of the company’s stock worth $1,005,000 after purchasing an additional 2,019 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Interparfums by 10.2% during the 1st quarter. Bank of America Corp DE now owns 249,654 shares of the company’s stock valued at $22,679,000 after purchasing an additional 23,110 shares during the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

About Interparfums

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.