Brokers Set Expectations for Inter Parfums FY2025 Earnings

Inter Parfums, Inc. (NASDAQ:IPAR) – Analysts at BWS Financial reduced their FY2025 earnings per share estimates for shares of Inter Parfums in a report released on Monday, November 11th. BWS Financial analyst H. Khorsand now anticipates that the company will earn $5.03 per share for the year, down from their previous estimate of $5.54. BWS Financial currently has a “Buy” rating and a $172.00 price target on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share.

Inter Parfums (NASDAQ:IPAR) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The company had revenue of $425.00 million for the quarter, compared to the consensus estimate of $425.00 million. During the same period last year, the firm posted $1.66 EPS. The company’s revenue for the quarter was up 15.5% on a year-over-year basis.

IPAR has been the topic of several other reports. DA Davidson reaffirmed a “buy” rating and issued a $163.00 target price on shares of Inter Parfums in a research report on Tuesday. Piper Sandler decreased their target price on shares of Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, StockNews.com raised Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Inter Parfums has a consensus rating of “Moderate Buy” and an average target price of $157.50.

Inter Parfums Stock Up 2.0 %

NASDAQ:IPAR opened at $130.72 on Thursday. The firm has a market capitalization of $4.19 billion, a PE ratio of 28.05 and a beta of 1.16. Inter Parfums has a 52 week low of $108.39 and a 52 week high of $156.75. The company has a current ratio of 2.82, a quick ratio of 1.60 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average of $122.42 and a 200-day moving average of $122.47.

Inter Parfums Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.29%. The ex-dividend date is Monday, December 16th. Inter Parfums’s dividend payout ratio (DPR) is presently 64.38%.

Insider Buying and Selling at Inter Parfums

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $125.96, for a total value of $188,940.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 43.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Inter Parfums

A number of hedge funds have recently modified their holdings of the stock. CWM LLC boosted its position in shares of Inter Parfums by 44.4% in the 2nd quarter. CWM LLC now owns 286 shares of the company’s stock valued at $33,000 after purchasing an additional 88 shares during the period. Commonwealth Equity Services LLC lifted its stake in Inter Parfums by 2.8% during the second quarter. Commonwealth Equity Services LLC now owns 3,363 shares of the company’s stock valued at $390,000 after buying an additional 92 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Inter Parfums by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the company’s stock worth $1,044,000 after buying an additional 100 shares during the period. Arizona State Retirement System increased its position in shares of Inter Parfums by 2.0% in the second quarter. Arizona State Retirement System now owns 5,378 shares of the company’s stock worth $624,000 after acquiring an additional 105 shares in the last quarter. Finally, Inspire Investing LLC raised its holdings in shares of Inter Parfums by 3.9% during the third quarter. Inspire Investing LLC now owns 3,208 shares of the company’s stock valued at $415,000 after acquiring an additional 120 shares during the period. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Inter Parfums Company Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.