Interparfums, Inc. (NASDAQ:IPAR) Receives Average Rating of “Moderate Buy” from Analysts

Interparfums, Inc. (NASDAQ:IPAR) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $109.00.

A number of equities analysts have recently commented on the company. TD Cowen initiated coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price target for the company. BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a report on Wednesday, April 22nd. Canaccord Genuity Group raised their target price on Interparfums from $123.00 to $141.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th.

Interparfums Trading Up 2.3%

NASDAQ IPAR opened at $122.55 on Friday. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 23.25 and a beta of 1.13. Interparfums has a one year low of $77.21 and a one year high of $128.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The business’s fifty day moving average is $105.13 and its 200-day moving average is $97.93.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. The company had revenue of $344.89 million for 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%. Interparfums’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts predict that Interparfums will post 4.82 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in Interparfums by 8.7% in the first quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after acquiring an additional 4,453 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Interparfums by 61.7% in the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock worth $333,000 after purchasing an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Interparfums by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after purchasing an additional 476 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Interparfums by 2.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after purchasing an additional 3,684 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Interparfums by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock valued at $1,281,000 after purchasing an additional 1,893 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors.

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.