Interparfums (NASDAQ:IPAR) Given “Neutral” Rating at BWS Financial

BWS Financial reiterated their neutral rating on shares of Interparfums (NASDAQ:IPAR) in a report issued on Wednesday,Benzinga reports. The firm currently has a $85.00 price target on the stock.

Several other research firms have also recently issued reports on IPAR. Wall Street Zen upgraded shares of Interparfums from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Jefferies Financial Group initiated coverage on shares of Interparfums in a research note on Wednesday, January 14th. They issued a “buy” rating and a $112.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Interparfums currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.67.

Interparfums Stock Performance

NASDAQ IPAR opened at $91.96 on Wednesday. Interparfums has a 1 year low of $77.21 and a 1 year high of $142.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97. The stock has a market capitalization of $2.95 billion, a PE ratio of 17.55 and a beta of 1.25. The company’s 50 day simple moving average is $94.87 and its two-hundred day simple moving average is $91.40.

Interparfums (NASDAQ:IPAR) last posted its 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 business had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. During the same period in the prior year, the company posted $0.82 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Analysts predict that Interparfums will post 4.85 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a $0.80 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.5%. Interparfums’s dividend payout ratio is presently 61.07%.

Insider Activity at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total value of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. This represents a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 43.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Interparfums

Institutional investors have recently made changes to their positions in the stock. Exchange Traded Concepts LLC bought a new position in shares of Interparfums in the 3rd quarter worth $34,000. Hantz Financial Services Inc. increased its holdings in shares of Interparfums by 172.2% in the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of Interparfums in the 3rd quarter worth $35,000. Advisory Services Network LLC bought a new position in shares of Interparfums in the 3rd quarter worth $40,000. Finally, Global Retirement Partners LLC increased 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 buying an additional 135 shares during the last quarter. Institutional investors own 55.57% of the company’s stock.

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.