Interparfums, Inc. (NASDAQ:IPAR) Receives $123.29 Consensus PT from Analysts

Shares of Interparfums, Inc. (NASDAQ:IPAR) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $123.2857.

Several equities research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Interparfums from a “hold” rating to a “strong sell” rating in a research note on Monday, September 14th. The Goldman Sachs Group cut Interparfums from a “buy” rating to a “neutral” rating and boosted their price target for the company from $110.00 to $129.00 in a research report on Monday, August 10th. TD Cowen downgraded Interparfums from a “buy” rating to a “hold” rating and upped their price objective for the company from $110.00 to $120.00 in a research note on Monday, August 10th. Jefferies Financial Group increased their price objective on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th.

Insider Buying and Selling at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of Interparfums stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the transaction, the director directly owned 900 shares in the company, valued at $105,174. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 43.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Interparfums

Hedge funds have recently made changes to their positions in the company. Tidal Investments LLC acquired a new stake in Interparfums in the second quarter valued at about $1,047,000. Integrated Wealth Concepts LLC acquired a new position in Interparfums during the 2nd quarter worth approximately $50,000. Squarepoint Ops LLC raised its stake in shares of Interparfums by 1,450.1% during the 2nd quarter. Squarepoint Ops LLC now owns 52,702 shares of the company’s stock worth $5,895,000 after buying an additional 49,302 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Interparfums by 12.4% during the 2nd quarter. Baird Financial Group Inc. now owns 3,840 shares of the company’s stock worth $430,000 after buying an additional 424 shares in the last quarter. Finally, Nykredit A S acquired a new stake in shares of Interparfums in the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Trading Up 1.6%

IPAR opened at $112.51 on Friday. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09. Interparfums has a 52 week low of $77.21 and a 52 week high of $129.29. The business’s 50 day moving average is $118.23 and its two-hundred day moving average is $103.77. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 21.51 and a beta of 1.12.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, August 4th. The company reported $0.95 EPS for the quarter, meeting analysts’ consensus estimates of $0.95. The business had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts predict that Interparfums will post 4.85 EPS for the current year.

Interparfums Company Profile

Inter Parfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and fragrance-related products. Its offerings include perfumes, eau de toilette, body care products and other beauty items marketed under a portfolio of internationally recognized designer and luxury brands.

The company operates through European and United States-based activities and typically works under license agreements with fashion houses, luxury-goods companies and other brand owners. Its portfolio has included brands such as Montblanc, Jimmy Choo, Coach, Kate Spade, Karl Lagerfeld, Oscar de la Renta, Rochas, Boucheron and Van Cleef & Arpels.