Interparfums, Inc. (NASDAQ:IPAR – Get Free Report) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $119.1429.
A number of analysts have recently issued reports on the company. Wall Street Zen raised Interparfums from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Jefferies Financial Group started coverage on Interparfums in a report on Wednesday, January 14th. They issued a “buy” rating and a $112.00 price target for the company. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Monday, December 29th. Finally, BWS Financial reaffirmed a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research report on Thursday, January 29th.
Read Our Latest Stock Analysis on IPAR
Interparfums Price Performance
Interparfums (NASDAQ:IPAR – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm had revenue of $386.18 million for the quarter, compared to the consensus estimate of $366.76 million. During the same quarter in the previous year, the firm posted $0.82 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts expect that Interparfums will post 5.14 EPS for the current fiscal year.
Interparfums Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.20 annualized dividend and a yield of 3.6%. Interparfums’s dividend payout ratio is currently 61.07%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in IPAR. Oregon Public Employees Retirement Fund lifted its position in shares of Interparfums by 2.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock worth $357,000 after purchasing an additional 100 shares in the last quarter. Osaic Holdings Inc. grew its position in Interparfums by 1.6% during the second quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after purchasing an additional 106 shares in the last quarter. ProShare Advisors LLC increased its stake in Interparfums by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after buying an additional 107 shares during the period. PNC Financial Services Group Inc. increased its stake in Interparfums by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock valued at $224,000 after buying an additional 110 shares during the period. Finally, State of Wyoming lifted its position in Interparfums by 23.0% in the 4th quarter. State of Wyoming now owns 600 shares of the company’s stock worth $51,000 after buying an additional 112 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.
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.
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