Interparfums (NASDAQ:IPAR) Sets New 1-Year High – Time to Buy?

Interparfums, Inc. (NASDAQ:IPAR)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $129.29 and last traded at $128.1810, with a volume of 26222 shares traded. The stock had previously closed at $124.70.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Canaccord Genuity Group lifted their price objective on shares of Interparfums from $123.00 to $141.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. TD Cowen assumed coverage on shares of Interparfums in a report on Monday, June 1st. They set a “buy” rating and a $110.00 target price on the stock. Finally, Jefferies Financial Group increased their target price on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $114.50.

Interparfums Stock Down 0.5%

The stock has a fifty day simple moving average of $107.44 and a two-hundred day simple moving average of $98.85. The firm has a market cap of $4.07 billion, a PE ratio of 24.10 and a beta of 1.13. The company has a current ratio of 3.26, a quick ratio of 2.05 and a debt-to-equity ratio of 0.10.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $345.00 million. During the same period in the prior year, the firm posted $1.32 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts expect that Interparfums, Inc. will post 4.82 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. increased its holdings in shares of Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 217 shares during the period. Advisory Services Network LLC purchased a new position in Interparfums during the third quarter worth about $40,000. Versant Capital Management Inc grew its position in Interparfums by 75.4% during the second quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock worth $48,000 after buying an additional 184 shares in the last quarter. Global Retirement Partners LLC increased its stake in Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Interparfums by 34.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock worth $44,000 after acquiring an additional 124 shares during the last quarter. 55.57% of the stock is currently owned by hedge funds and other institutional investors.

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.