Interparfums, Inc. (NASDAQ:IPAR) Receives $110.67 Consensus Target Price from Analysts

Interparfums, Inc. (NASDAQ:IPAR) has been given a consensus rating of “Moderate Buy” by the eight research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $110.6667.

A number of research firms have commented on IPAR. Wall Street Zen upgraded shares of Interparfums from a “hold” rating to a “buy” rating in a research report on Saturday. BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Thursday, January 29th. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Jefferies Financial Group assumed coverage on Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th.

Insider Activity at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of the firm’s 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 approximately $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 43.70% of the company’s stock.

Institutional Investors Weigh In On Interparfums

A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of Interparfums by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock worth $11,277,000 after purchasing an additional 24,673 shares in the last quarter. Public Sector Pension Investment Board grew its stake in shares of Interparfums by 16.4% during the third quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock valued at $7,026,000 after purchasing an additional 10,080 shares during the last quarter. Carolina Wealth Advisors LLC increased its holdings in shares of Interparfums by 7,956.7% in the third quarter. Carolina Wealth Advisors LLC now owns 46,326 shares of the company’s stock valued at $4,558,000 after purchasing an additional 45,751 shares in the last quarter. Aristotle Capital Boston LLC increased its holdings in shares of Interparfums by 99.8% in the third quarter. Aristotle Capital Boston LLC now owns 168,089 shares of the company’s stock valued at $16,537,000 after purchasing an additional 83,980 shares in the last quarter. Finally, Summit Creek Advisors LLC raised its position in Interparfums by 84.6% in the 3rd quarter. Summit Creek Advisors LLC now owns 98,413 shares of the company’s stock worth $9,682,000 after purchasing an additional 45,096 shares during the last quarter. Institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

IPAR opened at $98.01 on Thursday. The stock’s 50 day simple moving average is $95.15 and its 200-day simple moving average is $91.39. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.14 billion, a PE ratio of 18.70 and a beta of 1.25. Interparfums has a 1 year low of $77.21 and a 1 year high of $142.61.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.10. The company had revenue of $386.18 million during the quarter, compared to the consensus estimate of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts forecast that Interparfums will post 4.85 EPS for the current year.

Interparfums Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, March 16th. Interparfums’s dividend payout ratio is presently 61.07%.

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.