Brokerages Set Interparfums, Inc. (NASDAQ:IPAR) PT at $106.00

Shares of Interparfums, Inc. (NASDAQ:IPAR) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $106.00.

IPAR has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. TD Cowen initiated coverage on shares of Interparfums in a research report on Monday, June 1st. They issued a “buy” rating and a $110.00 target price on the stock. Finally, BWS Financial reaffirmed a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research report on Wednesday, April 22nd.

Interparfums Trading Up 4.8%

Shares of IPAR stock opened at $96.86 on Friday. The company’s 50-day moving average price is $92.02 and its 200-day moving average price is $91.29. The company has a current ratio of 3.26, a quick ratio of 2.05 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 18.38 and a beta of 1.16. Interparfums has a twelve month low of $77.21 and a twelve month high of $142.61.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.21. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The firm had revenue of $344.89 million for the quarter, compared to analysts’ expectations of $345.00 million. During the same quarter in the previous year, the company posted $1.32 EPS. The company’s revenue was up 1.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts predict that Interparfums will post 4.82 earnings per share for the current year.

Insider Buying and Selling

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total value of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. This represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 43.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IPAR. Vanguard Group Inc. increased its stake in Interparfums by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after purchasing an additional 62,832 shares during the period. First Trust Advisors LP increased its stake in Interparfums by 19.3% during the first quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock worth $79,849,000 after purchasing an additional 142,223 shares during the period. Dimensional Fund Advisors LP increased its stake in Interparfums by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock worth $72,326,000 after purchasing an additional 20,146 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Interparfums by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock worth $63,917,000 after purchasing an additional 23,767 shares during the period. Finally, State Street Corp increased its stake in Interparfums by 0.8% during the fourth quarter. State Street Corp now owns 688,964 shares of the company’s stock worth $58,445,000 after purchasing an additional 5,370 shares during the period. Institutional investors and hedge funds own 55.57% of the company’s stock.

About Interparfums

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.