Interparfums (NASDAQ:IPAR) Sets New 1-Year Low – Here’s Why

Interparfums, Inc. (NASDAQ:IPAR)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $92.42 and last traded at $92.36, with a volume of 16655 shares traded. The stock had previously closed at $93.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Interparfums in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Interparfums currently has an average rating of “Moderate Buy” and an average price target of $162.00.

Interparfums Trading Down 1.6%

The company has a market cap of $2.97 billion, a price-to-earnings ratio of 18.53 and a beta of 1.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.96 and a quick ratio of 1.69. The firm’s fifty day moving average price is $108.22 and its 200-day moving average price is $118.40.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.11). Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The firm had revenue of $333.94 million for the quarter, compared to analyst estimates of $357.58 million. During the same period last year, the firm posted $1.14 EPS. The business’s revenue was down 2.3% compared to the same quarter last year. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. On average, equities analysts expect that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Interparfums

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Carolina Wealth Advisors LLC raised its stake in shares of Interparfums by 7,956.7% during 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. Osaic Holdings Inc. raised its stake in shares of Interparfums by 1.6% during the second quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after purchasing an additional 106 shares in the last quarter. State of Wyoming bought a new stake in shares of Interparfums during the second quarter valued at about $127,000. Pitcairn Co. bought a new stake in shares of Interparfums during the second quarter valued at about $326,000. Finally, Westwood Holdings Group Inc. raised its stake in shares of Interparfums by 66.8% during the second quarter. Westwood Holdings Group Inc. now owns 775,590 shares of the company’s stock valued at $101,843,000 after purchasing an additional 310,712 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.

Interparfums Company Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.