Interparfums, Inc. (NASDAQ:IPAR) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Interparfums, Inc. (NASDAQ:IPAR) have earned an average rating of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $119.1429.

Several analysts have recently issued reports on the company. Jefferies Financial Group began coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target for the company. UBS Group set a $103.00 price target on Interparfums in a report on Friday, November 21st. Canaccord Genuity Group reissued a “buy” rating and issued a $123.00 price target on shares of Interparfums in a research report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a report on Monday, December 29th. Finally, Zacks Research lowered shares of Interparfums from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th.

Interparfums Stock Performance

Shares of IPAR opened at $97.57 on Friday. The company’s fifty day moving average is $86.62 and its 200-day moving average is $98.88. Interparfums has a 12 month low of $77.21 and a 12 month high of $148.15. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 19.09 and a beta of 1.23. The company has a quick ratio of 1.99, a current ratio of 3.27 and a debt-to-equity ratio of 0.13.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.16. The business had revenue of $429.58 million during the quarter, compared to analyst estimates of $431.78 million. Interparfums had a net margin of 11.24% and a return on equity of 16.31%. Interparfums’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.93 EPS. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. Equities analysts expect that Interparfums will post 5.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Interparfums

Institutional investors have recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC acquired a new position in shares of Interparfums in the 3rd quarter worth approximately $34,000. Aster Capital Management DIFC Ltd bought a new stake in Interparfums in the third quarter valued at $35,000. Advisory Services Network LLC acquired a new position in Interparfums during the third quarter worth $40,000. GAMMA Investing LLC lifted its holdings in shares of Interparfums by 269.9% during the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock valued at $45,000 after acquiring an additional 386 shares during the period. Finally, First Horizon Advisors Inc. boosted its stake in shares of Interparfums by 71.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock valued at $49,000 after purchasing an additional 156 shares in the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

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.