Interparfums, Inc. (NASDAQ:IPAR) Receives $110.67 Average PT from Analysts

Shares of Interparfums, Inc. (NASDAQ:IPAR) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $110.6667.

Several analysts have commented on the company. Jefferies Financial Group assumed coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective for the company. Wall Street Zen raised Interparfums from a “hold” rating to a “buy” rating in a research note on Saturday. BWS Financial reaffirmed a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd.

Interparfums Stock Up 5.1%

Interparfums stock opened at $98.83 on Thursday. Interparfums has a fifty-two week low of $77.21 and a fifty-two week high of $142.61. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.97 and a current ratio of 2.99. The company has a market capitalization of $3.17 billion, a P/E ratio of 18.86 and a beta of 1.25. The stock has a 50-day simple moving average of $95.20 and a 200-day simple moving average of $91.38.

Interparfums (NASDAQ:IPAR) last posted its earnings results 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. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The business had revenue of $386.18 million during the quarter, compared to the consensus estimate of $366.76 million. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts expect that Interparfums will post 5.14 earnings per share for the current year.

Interparfums Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.80 per share. The ex-dividend date was Monday, March 16th. This represents a $3.20 annualized dividend and a yield of 3.2%. Interparfums’s payout ratio is presently 61.07%.

Insider Transactions at Interparfums

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. The trade was a 0.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 43.70% of the company’s stock.

Institutional Investors Weigh In On Interparfums

A number of institutional investors and hedge funds have recently modified their holdings of the company. Andina Capital Management LLC acquired a new stake in shares of Interparfums in the 1st quarter worth approximately $403,000. Everstar Asset Management LLC grew its holdings in shares of Interparfums by 153.2% in the 1st quarter. Everstar Asset Management LLC now owns 10,634 shares of the company’s stock worth $966,000 after acquiring an additional 6,434 shares during the period. Invesco Ltd. grew its holdings in shares of Interparfums by 8.2% in the 4th quarter. Invesco Ltd. now owns 425,249 shares of the company’s stock worth $36,074,000 after acquiring an additional 32,076 shares during the period. XTX Topco Ltd grew its holdings in shares of Interparfums by 487.5% in the 4th quarter. XTX Topco Ltd now owns 15,851 shares of the company’s stock worth $1,345,000 after acquiring an additional 13,153 shares during the period. Finally, Voloridge Investment Management LLC grew its holdings in shares of Interparfums by 11.1% in the 4th quarter. Voloridge Investment Management LLC now owns 76,358 shares of the company’s stock worth $6,477,000 after acquiring an additional 7,613 shares during the period. Institutional investors and hedge funds own 55.57% of the company’s stock.

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.