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

Interparfums, Inc. (NASDAQ:IPAR) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $106.00.

A number of equities analysts recently issued reports on IPAR shares. BWS Financial reiterated a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research report on Wednesday, April 22nd. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Wednesday, June 24th. Finally, TD Cowen started coverage on shares of Interparfums in a research report on Monday, June 1st. They set a “buy” rating and a $110.00 price objective for the company.

Insider Transactions at Interparfums

In related news, CEO Jean Madar sold 20,000 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total value of $1,820,400.00. Following the completion of the sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at $643,178,357.82. This represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 43.70% of the company’s stock.

Hedge Funds Weigh In On Interparfums

Hedge funds have recently made changes to their positions in the stock. Deprince Race & Zollo Inc. acquired a new position in shares of Interparfums in the first quarter worth approximately $30,283,000. Norges Bank acquired a new position in shares of Interparfums in the fourth quarter worth approximately $19,313,000. Royce & Associates LP lifted its stake in shares of Interparfums by 42.0% in the fourth quarter. Royce & Associates LP now owns 683,201 shares of the company’s stock worth $57,956,000 after acquiring an additional 202,207 shares during the period. Millennium Management LLC lifted its stake in shares of Interparfums by 823.0% in the third quarter. Millennium Management LLC now owns 205,526 shares of the company’s stock worth $20,220,000 after acquiring an additional 183,258 shares during the period. Finally, Squarepoint Ops LLC increased its position in shares of Interparfums by 249.3% during the second quarter. Squarepoint Ops LLC now owns 225,907 shares of the company’s stock worth $29,664,000 after buying an additional 161,239 shares during the period. 55.57% of the stock is currently owned by institutional investors.

Interparfums Price Performance

IPAR stock opened at $109.97 on Tuesday. The company has a 50 day simple moving average of $94.57 and a 200 day simple moving average of $93.28. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 20.87 and a beta of 1.16. Interparfums has a 1 year low of $77.21 and a 1 year high of $139.94. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05.

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

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.