Interparfums (NASDAQ:IPAR) Stock Price Target Raised at Canaccord Genuity Group

Interparfums (NASDAQ:IPAR) had its price target hoisted by Canaccord Genuity Group from $151.00 to $154.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research firms also recently issued reports on IPAR. Jefferies Financial Group boosted their price objective on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. BWS Financial cut shares of Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 target price for the company. in a report on Monday, August 17th. Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. The Goldman Sachs Group lowered shares of Interparfums from a “buy” rating to a “neutral” rating and boosted their price target for the company from $110.00 to $129.00 in a report on Monday, August 10th. Finally, TD Cowen lowered shares of 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 report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Interparfums currently has a consensus rating of “Hold” and an average target price of $125.29.

Interparfums Price Performance

Shares of IPAR traded up $0.27 during trading hours on Friday, hitting $135.55. 308,978 shares of the company were exchanged, compared to its average volume of 200,411. The company has a market capitalization of $4.34 billion, a PE ratio of 25.53 and a beta of 1.08. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.31 and a quick ratio of 2.00. The firm has a fifty day simple moving average of $115.45 and a 200-day simple moving average of $105.42. Interparfums has a one year low of $77.21 and a one year high of $136.52.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Wednesday, November 4th. The company reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.32. The company had revenue of $429.51 million for the quarter, compared to analyst estimates of $430.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%. Interparfums’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.05 earnings per share. As a group, sell-side analysts predict that Interparfums will post 4.85 earnings per share for the current year.

Interparfums Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 15th. Interparfums’s payout ratio is presently 60.26%.

Insider Transactions at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the sale, the director directly owned 900 shares of the company’s stock, valued at approximately $105,174. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 43.60% of the company’s stock.

Hedge Funds Weigh In On Interparfums

A number of large investors have recently made changes to their positions in IPAR. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Interparfums during the second quarter valued at approximately $1,157,000. Tidal Investments LLC purchased a new stake in Interparfums in the 2nd quarter worth approximately $1,047,000. Squarepoint Ops LLC lifted its position in Interparfums by 1,450.1% in the 2nd quarter. Squarepoint Ops LLC now owns 52,702 shares of the company’s stock worth $5,895,000 after buying an additional 49,302 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Interparfums during the 2nd quarter valued at $3,027,000. Finally, Odyssean LLC boosted its stake in shares of Interparfums by 87.0% during the 2nd quarter. Odyssean LLC now owns 29,208 shares of the company’s stock valued at $3,267,000 after buying an additional 13,592 shares during the period. Institutional investors and hedge funds own 55.57% of the company’s stock.

More Interparfums News

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Jefferies raised its price target to $156 from $145 and maintained a Buy rating, implying about 15% upside from $135.55. Jefferies rating information
• Positive Sentiment: Canaccord Genuity increased its target to $154 from $151 and kept its Buy rating, citing roughly 14% potential upside. Canaccord Genuity rating information
• Positive Sentiment: Interparfums reported third-quarter EPS of $2.13, ahead of estimates and above $2.05 a year earlier. Margin expansion and tariff refunds boosted profitability, and the company raised its 2026 sales guidance. Q3 earnings and guidance article
• Positive Sentiment: The company declared a quarterly dividend of $0.80 per share, payable December 31, with a December 15 ex-dividend date. The annualized payout is $3.20 per share. Dividend announcement

About Interparfums

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.