Interparfums (NASDAQ:IPAR) Sets New 1-Year High – Time to Buy?

Interparfums, Inc. (NASDAQ:IPAR) shares reached a new 52-week high on Tuesday . The company traded as high as $129.29 and last traded at $128.1810, with a volume of 26222 shares. The stock had previously closed at $124.70.

Analyst Upgrades and Downgrades

IPAR has been the subject of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $145.00 price target on shares of Interparfums in a report on Tuesday. BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research note on Wednesday, April 22nd. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Canaccord Genuity Group lifted their price target on Interparfums from $123.00 to $141.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.50.

Interparfums Trading Up 2.3%

The business’s 50-day simple moving average is $105.88 and its two-hundred day simple moving average is $98.28. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 24.27 and a beta of 1.13.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The firm had revenue of $344.89 million during the quarter, compared to analysts’ expectations of $345.00 million. During the same quarter last year, the company posted $1.32 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities analysts forecast that Interparfums, Inc. will post 4.82 earnings per share for the current year.

Institutional Trading of Interparfums

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Interparfums by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock valued at $183,554,000 after acquiring an additional 62,832 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Interparfums by 19.3% during the 1st quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock worth $79,849,000 after buying an additional 142,223 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Interparfums by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock worth $72,326,000 after buying an additional 20,146 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Interparfums by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock valued at $63,917,000 after buying an additional 23,767 shares in the last quarter. Finally, State Street Corp grew its position in shares of Interparfums by 0.8% in the 4th quarter. State Street Corp now owns 688,964 shares of the company’s stock valued at $58,445,000 after buying an additional 5,370 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.