Inter Parfums (NASDAQ:IPAR) updated its FY 2021 earnings guidance on Monday. The company provided EPS guidance of $1.950-$1.950 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.720. The company issued revenue guidance of $750 million-$750 million, compared to the consensus revenue estimate of $714.19 million.Inter Parfums also updated its Q2 2021 guidance to EPS.
NASDAQ IPAR opened at $75.85 on Thursday. The stock has a market capitalization of $2.40 billion, a P/E ratio of 41.81 and a beta of 0.93. The company has a quick ratio of 3.05, a current ratio of 4.03 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $73.67. Inter Parfums has a fifty-two week low of $36.46 and a fifty-two week high of $78.62.
Inter Parfums (NASDAQ:IPAR) last released its earnings results on Monday, May 10th. The company reported $0.87 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.24. The company had revenue of $198.50 million for the quarter, compared to the consensus estimate of $159.65 million. Inter Parfums had a return on equity of 8.35% and a net margin of 9.42%. Inter Parfums’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.32 earnings per share. Sell-side analysts anticipate that Inter Parfums will post 1.95 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut Inter Parfums from a strong-buy rating to a hold rating and set a $76.00 target price on the stock. in a report on Tuesday, June 22nd. TheStreet raised Inter Parfums from a c+ rating to a b rating in a report on Tuesday, May 11th. Finally, DA Davidson lifted their target price on Inter Parfums from $77.00 to $80.00 and gave the stock a neutral rating in a report on Wednesday, April 21st. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $73.40.
Inter Parfums 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. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade New York, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T.
Recommended Story: Quiet Period Expirations Explained
Receive News & Ratings for Inter Parfums Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inter Parfums and related companies with MarketBeat.com's FREE daily email newsletter.