Interparfums (NASDAQ:IPAR) Shares Gap Down – Time to Sell?

Interparfums, Inc. (NASDAQ:IPAR) gapped down before the market opened on Monday . The stock had previously closed at $122.97, but opened at $117.98. Interparfums shares last traded at $116.7310, with a volume of 45,283 shares traded.

Analysts Set New Price Targets

IPAR has been the subject of several research analyst reports. TD Cowen cut Interparfums from a “buy” rating to a “hold” rating and increased their target price for the company from $110.00 to $120.00 in a research note on Monday. Weiss Ratings raised shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. The Goldman Sachs Group downgraded shares of Interparfums from a “buy” rating to a “neutral” rating and increased their price objective for the company from $110.00 to $129.00 in a research note on Monday. Jefferies Financial Group raised their price objective on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Finally, Canaccord Genuity Group boosted their target price on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Interparfums presently has an average rating of “Moderate Buy” and an average price target of $119.43.

Interparfums Stock Up 0.5%

The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 22.95 and a beta of 1.11. The firm’s fifty day moving average price is $112.82 and its two-hundred day moving average price is $100.95. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.31 and a quick ratio of 2.00.

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

Institutional Investors Weigh In On Interparfums

Several institutional investors and hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. grew its stake in shares of Interparfums by 172.2% in the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 217 shares during the last quarter. Advisory Services Network LLC bought a new stake in Interparfums during the third quarter worth approximately $40,000. Versant Capital Management Inc boosted its holdings in 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 in the last quarter. Global Retirement Partners LLC acquired a new position in Interparfums in the second quarter worth approximately $48,000. Finally, EverSource Wealth Advisors LLC grew its position in Interparfums by 34.2% in 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. 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.