Interparfums, Inc. (NASDAQ:IPAR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Interparfums, Inc. (NASDAQ:IPAR) have received an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $116.1667.

A number of research analysts have recently commented on IPAR shares. Canaccord Genuity Group increased their target price on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group increased their price target on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Finally, BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a report on Wednesday, April 22nd.

Institutional Trading of Interparfums

Several institutional investors have recently added to or reduced their stakes in IPAR. GAMMA Investing LLC grew its stake in Interparfums by 47.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,647 shares of the company’s stock worth $184,000 after acquiring an additional 531 shares in the last quarter. Versant Capital Management Inc increased its position in shares of 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 acquiring an additional 184 shares during the period. NewEdge Advisors LLC raised its stake in shares of Interparfums by 1,350.6% during the first quarter. NewEdge Advisors LLC now owns 2,408 shares of the company’s stock valued at $219,000 after acquiring an additional 2,242 shares in the last quarter. Glenmede Trust Co. NA raised its stake in shares of Interparfums by 22.3% during the first quarter. Glenmede Trust Co. NA now owns 11,059 shares of the company’s stock valued at $1,005,000 after acquiring an additional 2,019 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Interparfums by 10.2% in the first quarter. Bank of America Corp DE now owns 249,654 shares of the company’s stock valued at $22,679,000 after purchasing an additional 23,110 shares during the period. Institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

Shares of IPAR opened at $124.55 on Friday. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $108.76 and a two-hundred day simple moving average of $99.29. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 23.63 and a beta of 1.13. Interparfums has a 52 week low of $77.21 and a 52 week high of $129.29.

Interparfums (NASDAQ:IPAR) last issued 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. The business had revenue of $344.89 million during the quarter, compared to analyst estimates of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.Interparfums’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts expect that Interparfums will post 4.85 EPS for the current year.

Interparfums Company Profile

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.