Interparfums, Inc. (NASDAQ:IPAR – Get Free Report) has earned an average recommendation of “Hold” from the nine research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $123.2857.
A number of equities analysts recently issued reports on the company. Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Berenberg Bank downgraded shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price objective for the company. in a research report on Friday. Canaccord Genuity Group boosted their price objective on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Jefferies Financial Group increased their target price on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Finally, TD Cowen lowered shares of Interparfums from a “buy” rating to a “hold” rating and lifted their price target for the stock from $110.00 to $120.00 in a research note on Monday, August 10th.
Check Out Our Latest Analysis on Interparfums
Interparfums Price Performance
Interparfums (NASDAQ:IPAR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.95. The company had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.Interparfums’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities analysts forecast that Interparfums will post 4.85 EPS for the current fiscal year.
Institutional Trading of Interparfums
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after acquiring an additional 62,832 shares during the period. UBS Group AG raised its stake in shares of Interparfums by 91.4% during the fourth quarter. UBS Group AG now owns 131,105 shares of the company’s stock valued at $11,122,000 after purchasing an additional 62,605 shares during the period. Principal Financial Group Inc. raised its stake in shares of Interparfums by 20.7% during the first quarter. Principal Financial Group Inc. now owns 105,505 shares of the company’s stock valued at $9,584,000 after purchasing an additional 18,098 shares during the period. London Co. of Virginia lifted its position in shares of Interparfums by 21.6% during the first quarter. London Co. of Virginia now owns 188,043 shares of the company’s stock worth $17,082,000 after purchasing an additional 33,359 shares in the last quarter. Finally, Granite Investment Partners LLC lifted its position in shares of Interparfums by 58.3% during the first quarter. Granite Investment Partners LLC now owns 48,965 shares of the company’s stock worth $4,448,000 after purchasing an additional 18,024 shares in the last quarter. Institutional investors and hedge funds 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.
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