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

Interparfums, Inc. (NASDAQ:IPAR) has earned an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $119.1429.

A number of equities analysts have weighed in on IPAR shares. BWS Financial reiterated a “neutral” rating and set a $85.00 target price on shares of Interparfums in a research report on Thursday, January 29th. UBS Group set a $103.00 target price on shares of Interparfums in a report on Friday, November 21st. Jefferies Financial Group started coverage on Interparfums in a research note on Wednesday, January 14th. They issued a “buy” rating and a $112.00 target price for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $123.00 price target on shares of Interparfums in a report on Wednesday, November 19th.

Hedge Funds Weigh In On Interparfums

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. lifted its holdings in shares of Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Interparfums during the 3rd quarter valued at about $34,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Interparfums during the 3rd quarter valued at about $35,000. Advisory Services Network LLC bought a new stake in Interparfums in the 3rd quarter worth approximately $40,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of 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. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Trading Up 1.2%

Shares of IPAR stock opened at $102.97 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 3.27 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.30 billion, a P/E ratio of 20.15 and a beta of 1.24. The company has a 50 day moving average of $93.14 and a 200-day moving average of $95.72. Interparfums has a 12-month low of $77.21 and a 12-month high of $148.15.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.10. The business had revenue of $386.18 million during the quarter, compared to analyst estimates of $366.76 million. Interparfums had a return on equity of 16.31% and a net margin of 11.24%.Interparfums’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts anticipate that Interparfums will post 5.14 earnings per share for the current year.

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.