Interparfums, Inc. (NASDAQ:IPAR) Given Consensus Recommendation of “Hold” by Analysts

Interparfums, Inc. (NASDAQ:IPAR) has been assigned an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $123.2857.

IPAR has been the topic of several analyst reports. BWS Financial lowered Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective on the stock. in a research note on Monday, August 17th. Canaccord Genuity Group raised their target price on Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. TD Cowen lowered Interparfums from a “buy” rating to a “hold” rating and boosted their price target for the company from $110.00 to $120.00 in a research note on Monday, August 10th. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Finally, Jefferies Financial Group increased their price objective on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th.

Interparfums Price Performance

NASDAQ:IPAR opened at $116.56 on Wednesday. The company has a 50-day moving average of $116.75 and a 200-day moving average of $102.20. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 22.29 and a beta of 1.11. Interparfums has a 52 week low of $77.21 and a 52 week high of $129.29. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31.

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

Institutional Investors Weigh In On Interparfums

Hedge funds have recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Interparfums in the second quarter valued at about $1,157,000. California State Teachers Retirement System grew its stake in Interparfums by 10,810.7% during the second quarter. California State Teachers Retirement System now owns 2,549,178 shares of the company’s stock worth $285,151,000 after buying an additional 2,525,814 shares during the last quarter. VELA Investment Management LLC increased its holdings in shares of Interparfums by 10.8% during the second quarter. VELA Investment Management LLC now owns 44,004 shares of the company’s stock worth $4,922,000 after buying an additional 4,280 shares in the last quarter. Nykredit A S acquired a new stake in shares of Interparfums during the second quarter worth approximately $69,000. Finally, Keeler Thomas Management LLC raised its stake in shares of Interparfums by 6.4% in the second quarter. Keeler Thomas Management LLC now owns 12,956 shares of the company’s stock valued at $1,449,000 after acquiring an additional 785 shares during the last quarter. Institutional investors and hedge funds 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.