Interparfums (NASDAQ:IPAR) Earns “Neutral” Rating from BWS Financial

Interparfums (NASDAQ:IPAR)‘s stock had its “neutral” rating reissued by equities researchers at BWS Financial in a research report issued on Monday,Benzinga reports. They currently have a $85.00 price objective on the stock. BWS Financial’s price objective would suggest a potential downside of 24.77% from the company’s previous close.

Several other research firms also recently issued reports on IPAR. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Berenberg Bank downgraded shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a research report on Friday. The Goldman Sachs Group lowered shares of Interparfums from a “buy” rating to a “neutral” rating and upped their price target for the company from $110.00 to $129.00 in a research note on Monday, August 10th. TD Cowen cut shares of Interparfums from a “buy” rating to a “hold” rating and raised their price target for the stock from $110.00 to $120.00 in a report on Monday, August 10th. Finally, Canaccord Genuity Group lifted their price objective on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $123.29.

Interparfums Stock Down 1.4%

Shares of IPAR stock traded down $1.64 during trading hours on Monday, reaching $112.99. 100,136 shares of the company’s stock were exchanged, compared to its average volume of 270,233. The stock’s 50 day moving average is $114.42 and its 200-day moving average is $101.32. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 21.71 and a beta of 1.11. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. Interparfums has a fifty-two week low of $77.21 and a fifty-two week high of $129.29.

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

Institutional Trading of Interparfums

Large investors have recently made changes to their positions in the business. Royal Bank of Canada boosted its holdings in Interparfums by 8.7% in the first quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after purchasing an additional 4,453 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Interparfums by 61.7% in the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock valued at $333,000 after buying an additional 1,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Interparfums by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after buying an additional 476 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Interparfums by 2.7% during the first quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after acquiring an additional 3,684 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in Interparfums by 24.1% in the second quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock valued at $1,281,000 after acquiring an additional 1,893 shares during the period. 55.57% of the stock is owned by hedge funds and other institutional investors.

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.