Interparfums, Inc. (NASDAQ:IPAR) Receives $119.14 Consensus Price Target from Analysts

Interparfums, Inc. (NASDAQ:IPAR) has earned an average rating of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $119.1429.

A number of analysts have issued reports on the company. Zacks Research downgraded Interparfums from a “hold” rating to a “strong sell” rating in a report on Monday, January 5th. UBS Group set a $103.00 price target on Interparfums in a report on Friday, November 21st. Berenberg Bank began coverage on shares of Interparfums in a report on Friday, November 21st. They set a “buy” rating and a $103.00 price objective on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Monday, December 29th. Finally, BWS Financial reiterated a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research note on Thursday, January 29th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in IPAR. Keybank National Association OH grew its position in shares of Interparfums by 12.5% during the fourth quarter. Keybank National Association OH now owns 3,218 shares of the company’s stock worth $273,000 after acquiring an additional 357 shares during the last quarter. Vest Financial LLC grew its position in Interparfums by 31.8% during the 4th quarter. Vest Financial LLC now owns 53,093 shares of the company’s stock worth $4,504,000 after purchasing an additional 12,817 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in Interparfums by 20.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,602 shares of the company’s stock valued at $306,000 after purchasing an additional 603 shares during the period. UBS Group AG raised its holdings in shares of Interparfums by 91.4% in the fourth quarter. UBS Group AG now owns 131,105 shares of the company’s stock valued at $11,122,000 after buying an additional 62,605 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Interparfums by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after buying an additional 62,832 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Stock Up 0.6%

Shares of NASDAQ:IPAR opened at $98.14 on Friday. The firm’s 50 day moving average price is $86.99 and its 200 day moving average price is $98.18. The stock has a market cap of $3.15 billion, a price-to-earnings ratio of 19.21 and a beta of 1.24. Interparfums has a fifty-two week low of $77.21 and a fifty-two week high of $148.15. The company has a quick ratio of 1.99, a current ratio of 3.27 and a debt-to-equity ratio of 0.13.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.89 by $0.16. Interparfums had a net margin of 11.24% and a return on equity of 16.31%. The company had revenue of $429.58 million during the quarter, compared to analysts’ expectations of $431.78 million. During the same quarter in the previous year, the business posted $1.93 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. As a group, equities research analysts predict that Interparfums will post 5.14 earnings per share for the current fiscal 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.