Interparfums, Inc. (NASDAQ:IPAR) Stock Has Consensus Target Price of $123.29 According to Brokerages

Interparfums, Inc. (NASDAQ:IPAR) has been given an average recommendation of “Hold” by the nine research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $123.29.

IPAR has been the subject of several recent research reports. Canaccord Genuity Group raised their price objective on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Jefferies Financial Group increased their price target on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Zacks Research cut shares of Interparfums from a “hold” rating to a “strong sell” rating in a research report on Monday, September 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Interparfums in a research note on Friday, October 2nd. Finally, TD Cowen cut shares of Interparfums from a “buy” rating to a “hold” rating and upped their price objective for the stock from $110.00 to $120.00 in a report on Monday, August 10th.

Interparfums Stock Up 0.5%

Shares of NASDAQ:IPAR opened at $112.21 on Thursday. Interparfums has a 52-week low of $77.21 and a 52-week high of $129.29. The firm has a market capitalization of $3.59 billion, a P/E ratio of 21.46 and a beta of 1.16. The stock has a 50 day moving average price of $115.62 and a 200-day moving average price of $106.02. 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 released its earnings results on Tuesday, August 4th. The company reported $0.95 EPS for the quarter, meeting analysts’ consensus estimates of $0.95. The company had revenue of $341.04 million during the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.99 EPS. 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 EPS for the current fiscal year.

Insider Buying and Selling at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the transaction, the director owned 900 shares of the company’s stock, valued at $105,174. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Interparfums

A number of institutional investors have recently modified their holdings of IPAR. BlackRock Inc. purchased a new position in shares of Interparfums in the 2nd quarter worth about $326,252,000. Deprince Race & Zollo Inc. bought a new stake in Interparfums during the 1st quarter valued at about $30,283,000. Bank of New York Mellon Corp purchased a new position in Interparfums in the second quarter worth about $35,603,000. Bank of America Corp DE purchased a new position in Interparfums in the second quarter worth about $31,320,000. Finally, Norges Bank bought a new position in shares of Interparfums in the fourth quarter worth approximately $19,313,000. 55.57% of the stock is owned by hedge funds and other institutional investors.

About Interparfums

Inter Parfums, Inc is a fragrance company that develops, manufactures and distributes prestige and designer perfumes and related products. Its offerings include fragrances, body-care products and ancillary beauty items sold under a portfolio of owned and licensed brand names.

The company markets products associated with international fashion, luxury and lifestyle brands, including Montblanc, Jimmy Choo, Coach, Kate Spade, Oscar de la Renta, Rochas, Van Cleef & Arpels, Boucheron, Moncler and other brand partners.