Equities analysts expect that Inter Parfums, Inc. (NASDAQ:IPAR – Get Rating) will post $0.73 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Inter Parfums’ earnings, with the highest EPS estimate coming in at $1.13 and the lowest estimate coming in at $0.51. Inter Parfums reported earnings per share of $0.71 in the same quarter last year, which suggests a positive year-over-year growth rate of 2.8%. The business is expected to issue its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Inter Parfums will report full year earnings of $3.02 per share for the current fiscal year, with EPS estimates ranging from $3.00 to $3.05. For the next year, analysts anticipate that the company will report earnings of $3.29 per share, with EPS estimates ranging from $3.27 to $3.30. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Inter Parfums.
Inter Parfums (NASDAQ:IPAR – Get Rating) last released its quarterly earnings data on Tuesday, May 10th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.16. The firm had revenue of $250.68 million during the quarter, compared to analysts’ expectations of $240.04 million. Inter Parfums had a return on equity of 12.74% and a net margin of 10.20%. Inter Parfums’s revenue was up 26.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share.
NASDAQ:IPAR traded up $2.70 during trading hours on Friday, hitting $73.98. The company’s stock had a trading volume of 92,609 shares, compared to its average volume of 101,191. The business’s 50-day moving average is $81.30 and its two-hundred day moving average is $89.71. The company has a market capitalization of $2.36 billion, a PE ratio of 24.00 and a beta of 1.02. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.03 and a current ratio of 2.94. Inter Parfums has a 52-week low of $67.00 and a 52-week high of $108.35.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Tuesday, June 14th. Inter Parfums’s dividend payout ratio is currently 67.34%.
A number of institutional investors have recently bought and sold shares of IPAR. Fifth Third Bancorp increased its position in Inter Parfums by 91.4% during the 1st quarter. Fifth Third Bancorp now owns 291 shares of the company’s stock worth $26,000 after purchasing an additional 139 shares in the last quarter. Fieldpoint Private Securities LLC purchased a new stake in Inter Parfums during the 3rd quarter worth about $28,000. FinTrust Capital Advisors LLC purchased a new stake in Inter Parfums during the 3rd quarter worth about $37,000. Amplius Wealth Advisors LLC purchased a new stake in Inter Parfums during the 4th quarter worth about $47,000. Finally, Meeder Asset Management Inc. purchased a new stake in Inter Parfums during the 1st quarter worth about $64,000. Hedge funds and other institutional investors own 57.42% of the company’s stock.
Inter Parfums Company Profile (Get Rating)
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, Lily Aldridge, Lanvin, Moncler, Montblanc, Rochas, S.T.
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